
Performance Bond
- A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond.
- A performance bond is usually provided by a bank or non-bank financial institution (Planworth) to make sure a contractor completes designated projects.

Performance Bond
- A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond.
- A performance bond is usually provided by a bank or non-bank financial institution (Planworth) to make sure a contractor completes designated projects.
Benefits
- Get access to immediate cash
- Help you to expand your business
- The facility can grow and adapt to your company’s needs
- There is no collateral required
- Does not create debt and made your balance sheet look stronger
- Fewer restrictions than bank loan
- We manage your receivables and let you focus on your business
Benefits
- Get access to immediate cash
- Help you to expand your business
- The facility can grow and adapt to your company’s needs
- There is no collateral required
- Does not create debt and made your balance sheet look stronger
- Fewer restrictions than bank loan
- We manage your receivables and let you focus on your business