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Fusion Guarantees was established in 2006 and is a member of Fusion Group of Companies. The company provides support services to contractors in the form of guarantees and sureties for private and public contract works through uniquely structured credit agreements. Fusion Guarantees supports the development of contractors and the construction industry of South Africa.
Fusion Guarantees' unique structures are governed by the National Credit Regulator and provide flexible credit facility and credit agreement structures that would suit the contractors' liquidity needs.
Basic Requirements for a facility
- You do not have to have a project to apply for a facility.
- Complete a credit facility application form and provide supporting information as per the credit facility application
- Proven track record of completed projects is crucial.
- NO FEES will be charged to setup your facility until you are awarded a contract.
- Get your credit facility in place and start tendering – contractors generally do not take into consideration their surety and insurance costs as they only apply for it after the tender was awarded. Be pro-active and get the pricing up-front.
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