Support for Your Business
The purpose of sureties is to support businesses, owners or representatives that do not have enough collateral.
WHAT DO I NEED IN ORDER TO REQUEST A SURETY BOND?
Consider the following:
No having chattels or real estate in your name.
You own a property but it serves as collateral for another entity.
You own a property but it is located outside the GMA which does not qualify as collateral as per Desyfin policies.
You present some type of collateral but upon appraisal is found not to cover the percentage requested by Desyfin. In this case we can add the surety to cover the unsupported percentage. These guarantees may be properties, vehicles, CDs, etc.