Extend credit with certainty.
The world's largest suppliers are using Bondaval to extend more credit to new and existing buyers without taking any credit risk.
How BP extend credit with certainty.
BP's Credit Team found existing security instruments to be capital inefficient and inflexible.
Trade Credit Insurance, Letters of Credit and similar products were imperfect, expensive, and hadn't kept up with the pace of change.
With MicroBonds, BP were able to access 100% cover at lower rates, all administered in real-time through a bespoke, fully-digital platform.
The Result: Total balance sheet protection, streamlined procedures and a very happy Credit Team!
Tomas Kozma - Head of Credit, BP
"Bondaval enable us to support our clients in a more efficient manner while offering even better protection to our balance sheet, all delivered through their simple and intuitive technology."