KUKE’s PFR GROUP insurance guarantees confirm the company’s ability to perform the contract . Your contractor may require you to provide a specific financial security before signing the contract, in case it has not been fulfilled, the deadline for its implementation has not been met or the quality of the goods or services was inconsistent with the arrangements. By submitting an insurance guarantee, you confirm your credibility, because KUKE undertakes to pay your contractor the specified amount specified in the guarantee. Check solutions for:
Why insurance guarantees at KUKE PFR GROUP?
They allow you to avoid engaging your own funds by the contractor.
They release the contractor from using other contract performance safeguards.
Unlike bank guarantees, they do not burden the entrepreneur’s credit line.
They secure domestic and export contracts in various industries and sectors of the economy.
We are the only company that offers export guarantees guaranteed by the state treasury.
Quick activation of subsequent guarantees thanks to the signed general agreement.How it’s working?
- Contact with an advisor at KUKE PFR GROUP and analysis of your company’s needs.
- Delivery of documents and risk analysis by our team of specialists.You will receive a decision on cooperation in the field of insurance guarantees. In the case of a positive decision, you will also receive an offer of financial terms.
- Signing of a general agreement and launching a guarantee line under which individual guarantees are issued.
- Issuing a guarantee in accordance with your application.
Insurance guarantees offered by KUKE PFR GROUP
Contractual guarantees
Secure every stage of contract execution with a package of contract guarantees:
- deposit payment guarantee
- guarantee of proper performance of the contract
- advance payment guarantee
- guarantee of removal of defects and faults
Environmental Guarantee
It is intended for companies whose activities may cause harmful effects on the environment. In order to meet statutory legal requirements, they must provide appropriate financial security to public administration bodies.
Payment guarantees for exporters
Provide your Polish and foreign suppliers with a guarantee securing the timely repayment of your liabilities and thus obtain favorable payment terms.
Find out moreWe will select a package of solutionsMake an appointmentKUKE offers a set of appropriately selected tools to secure the company’s financesMake an appointmentBenefits for your company
CredibilityYou increase the credibility of your company in the eyes of the contractor.
Fluidity improvementYou get free funds for development and you can compete in many tenders at the same time.
International reachExecute export contracts – KUKE insurance guarantees are a widely recognized form of security by foreign recipients.
Success Stories
Korporacja Budowlana DORACO uses KUKE PFR GROUP contract guarantees
DORACO has been successfully cooperating with KUKE for many years on the basis of a general contract for the provision of insurance contract guarantees. KUKE provides the company with highly professional and flexible service in securing submitted tender offers, securing the performance of contracts, or removing defects and faults during the warranty period. As part of the cooperation, DORACO has the option of issuing guarantees for the payment of the bid bond, proper performance of the contract, proper removal of defects and faults, and the return of the advance payment. Emphasizing the strengths of KUKE, among which one should pay special attention to the efficiency and professionalism of current service, high flexibility and, above all, understanding the needs of the general contractor, we sincerely recommend this insurer,Karol Zduńczyk, President of the Management Board of Korporacja Budalna DORACO
Why KUKE PFR GROUP?
A reliable business partner We have been insuring commercial transactions of Polish entrepreneurs for nearly 30 years. We offer services that ensure safe trade both in the country and abroad.
Map of export markets Are you thinking about developing exports to other countries? Check KUKE PFR GROUP solutions tailored to the selected market.
Factoringin your enterprise
Development
You have guaranteed financial liquidity and money for development.
Composure
You do not worry that the contractor is late with payment for goods or services.
Convenience
The online platform available 24/7 provides current information on receivables. We will select a package of solutions Make an appointment KUKE PFR GROUP offers a set of appropriately selected tools to secure the company’s finances Make an appointment What is factoring?
Factoring is a financial service consisting in the purchase by a factoring company of receivables from the sale of goods or services from an enterprise. Thanks to this, the company obtains funds immediately after issuing the invoice.
The factoring service is comprehensive. In addition to ensuring quick access to cash, factoring is also a package of additional services, such as maintaining recipients’ settlement accounts, monitoring and enforcing payments, and taking over the risk of recipient’s insolvency.How does factoring work at KUKE Finance?
KUKE Finance purchases invoices that are not overdue from the customer, for which the counterparty is obliged to pay within the agreed payment period. In return, KUKE PFR GROUP Finance immediately transfers to the customer funds constituting a predetermined percentage of the invoice value – an advance payment of up to 90%.
When the payments are settled by the contractor, the remaining amount is paid, which in the case of an advance payment of 90% will amount to 10% of the invoice value. All activities related to the redemption and settlement of receivables take place on-line.1Delivery of goods / performance of the service2Confirmation of receipt of goods / performance of the service3Information about receivables – via www4Advance payment5Repayment of debts – on time6Payment of the remaining amount due
Supplier
Recipient
KUKE PFR GROUP Finance
