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For participation in tenders and procurement procedures.
Learn more →Financial guarantees for businesses and international projects
CNCREDIT FINANCIAL INSTITUTION OÜ provides guarantee solutions for companies participating in tenders, performing commercial contracts, receiving advance payments or conducting customs operations.
Licensed financial institution in Estonia
Registry Code 17403558
Licence FFA000511
Guarantee solutions built around the contractual obligation
Each request is assessed individually based on the contract, beneficiary, value, term, financial profile and transaction structure.
CNCREDIT's activity is supported by internal policies covering risk management, AML/CFT, KYC, international sanctions, data protection and business continuity.
Our guarantee solutions
CNCREDIT FINANCIAL INSTITUTION OÜ provides financial guarantee solutions for tenders, contracts, advance payments, maintenance, customs operations and payment obligations.
Performance Bond
To secure the proper performance of contractual obligations.
Learn more →Advance Payment Guarantee
To protect an advance payment made under a contract.
Learn more →Maintenance Bond
For obligations during the warranty or maintenance period.
Learn more →Customs Guarantee
For customs operations and obligations towards competent authorities.
Learn more →Payment Guarantee
For contractual commercial payment obligations.
Learn more →Industries served
Construction
Corporate projects and contractual obligations.
Infrastructure
Corporate projects and contractual obligations.
Energy
Corporate projects and contractual obligations.
Industry
Corporate projects and contractual obligations.
Transport & Logistics
Corporate projects and contractual obligations.
IT & Telecom
Corporate projects and contractual obligations.
Healthcare
Corporate projects and contractual obligations.
Import & Export
Corporate projects and contractual obligations.
How it works
Select
Clear and documented stage of the guarantee process.
Apply
Clear and documented stage of the guarantee process.
Upload documents
Clear and documented stage of the guarantee process.
Assessment
Clear and documented stage of the guarantee process.
Outcome
Clear and documented stage of the guarantee process.
Why CNCREDIT
Individual assessment
Each request is assessed individually based on the contract, beneficiary, value, term, financial profile and transaction structure.
Digital process
Applications and documents are submitted online.
Contract review
The guaranteed obligation and beneficiary requirements are reviewed.
Risk management
Each exposure is assessed under internal risk policies.
Compliance
KYC, AML/CFT and sanctions controls form part of the process.
Dedicated support
Required information is clarified throughout the assessment.
Governance, risk and compliance
CNCREDIT's activity is supported by internal policies covering risk management, AML/CFT, KYC, international sanctions, data protection and business continuity.
Our commitment
Each request is assessed individually based on the contract, beneficiary, value, term, financial profile and transaction structure.
Frequently asked questions
What is a financial guarantee?
A financial guarantee is a commitment issued in favour of a beneficiary to cover the risk of non-performance of a guaranteed obligation.
Which guarantees does CNCREDIT offer?
CNCREDIT reviews requests for bid, performance, advance payment, maintenance, customs and payment guarantees.
How do I apply for a guarantee?
Complete the online form and upload the relevant documents for assessment.
Does submitting the form mean approval?
No. Submission starts the assessment process; issuance remains subject to review and internal approvals.
Which documents are required?
Company documents, financial information, the contract, procurement documentation and the requested guarantee wording may be required.
How long does the assessment take?
Timing depends on complexity, document availability and the speed of any clarifications.
Can I submit wording required by the beneficiary?
Yes. The wording may be reviewed from legal, risk and compliance perspectives.
Who may apply for a guarantee?
Eligible companies conducting commercial activities and able to provide the required documentation may apply.
Are applications from other European countries accepted?
Yes. Cross-border requests may be assessed depending on jurisdiction, beneficiary and transaction structure.
Is counter-security required?
The guarantee structure and any coverage measures are determined individually following assessment.
What is the maximum guarantee amount?
The amount is determined according to the applicant's profile, contract, term and total exposure.
Can a guarantee be extended?
An extension may be assessed before expiry based on updated documents and conditions.
Can an issued guarantee be amended?
Yes. Amendments are subject to a separate assessment and approval.
How is submitted data protected?
Data is processed in accordance with applicable data protection requirements and CNCREDIT internal policies.
Which compliance checks are performed?
The process may include KYC, AML/CFT, international sanctions and beneficial ownership checks.
How will I receive the assessment result?
The result and next steps are communicated through the contact details provided in the form.
Do you need a financial guarantee?
CNCREDIT FINANCIAL INSTITUTION OÜ provides guarantee solutions for companies participating in tenders, performing commercial contracts, receiving advance payments or conducting customs operations.
Request an assessment