top of page
Financial Guarantees
Helping you source the most competitive quotes from multiple providers
In general, a financial guarantee is a promise to take responsibility for another company's financial obligation if that company cannot meet its obligation. The entity assuming this responsibility is called the guarantor.
Financial guarantees can result in a higher credit rating, lowering the cost to the issuer. While ostensibly carved in stone, financial guarantors have been known to falter in extreme circumstances, such as the financial crisis of 2007-2009.
bottom of page