Products

Advance Payment Guarantees

Upfront mobilisation, secured, typically 10–30% of contract value.

Hands holding a leather wallet of currency over signed documents

Overview

Greystone underwrites advance payment guarantees that secure mobilisation funds disbursed by project sponsors to contractors at commencement. Typical advances are 10–30% of contract value, on transactions of $2M–$50M, for 12–36 months.

An insurance-backed surety replaces a restrictive bank letter of credit. The contractor can mobilise without encumbering existing credit lines. The sponsor holds unconditional repayment security through execution.

Who it's for

Project sponsors releasing advances, and contractors who need mobilisation capital without drawing their bank facilities.

How it works

01
Employer disburses the advance
The project sponsor releases mobilisation funds to the contractor.
02
Greystone underwrites
Insurance-backed surety replaces a restrictive bank letter of credit.
03
Contractor mobilises
Working capital is accessed without encumbering existing credit lines.
04
Sponsor is protected
Unconditional repayment security is held throughout execution.

Why this cover

01
Direct capacity, no broker between the sponsor, the contractor, and the underwriter.
02
Faster decisions so mobilisation is not waiting on a letter of credit.
03
Regional teams read local contractor capacity and project risk before they write.