Other sectors
Most companies, regardless of business sector, will occasionally need some form of guarantee. This may be a rental, performance or bid bond. In many cases, for example, landlords may demand some form of security from a third party guaranteeing that a tenant will be able to pay rent as contracted.
When a tenant has signed a rental bond, the landlord will receive his or her money even if the tenant should be declared bankrupt during the contracted period.
Here you can read more about guarantees you might need:
Advance Payment bonds
Performance bonds
Maintenance bonds
Payment bonds
Customs bonds
Tax deduction bonds
