Fuel Guarantee

The Refine Fuel Retailer’s Guarantee is designed for the fuel industry as a unique and accepted alternative to the traditional bank guarantees. The Fuel Retail Guarantee Policy is targeted at all fuel retail service station brands. 

  • Fuel Stations
  • Truck Stops
  • Petro Ports
Key Benefits
  • New Retailers don’t have to finance, or tie up valuable security or working capital in providing bank guarantees
  • Existing Retailers can substitute their bank guarantees and inject some liquidity into their business or reduce liabilities
  • Existing Retailers on ‘hard cash’ can now afford a guarantee to trade on ACB / manumatic debit
  • Existing Retailers can ‘top up’ their existing guarantees to meet current Fuel Company requirements
  • The monthly premium is an operating expense of the business and thus written off against taxable income
  • Opportunity cost of having released your cash or securities
Additional Benefits
  • Refine Fuel Retailer’s Bank Guarantee solution with selected Banks whereby the Fuel Company is issued with a bank guarantee however the Bank is secured by the Mutual & Federal Risk Financing Limited guarantee instead of traditional collateral assets (cash security or fixed property)

Documents