drs bond management ltd

DRS arranges Guarantee Bonds including: Performance Bonds Retention Bonds Advance Payment Bonds Highways Bonds NHBC Bonds Bid Bonds Duty Deferment Bonds Rural Payment Agency ("RPA"​) Bonds Waste Resources Action Programme ("WRAP"​) Bonds Transfrontier Shipment of Waste Bonds Restoration Bonds Letter of Credit Replacement Guarantees Client specialisms include: Construction Property Development Import Waste Facilities Management We welcome enquiries from customers requiring a Guarantee Bond or Banks looking to provide customers with an alternative to the Bank's product, which often requires 100% collateral. DRS'​ principal objective is to become the leading supplier of Guarantee Bond services to the Banking sector. Increased capital requirements makes the provision of Guarantee Bonds increasingly unattractive for Banks. Our ability to source Guarantee Bonds through alternative Guarantors, often without the need for collateral, makes our proposition attractive to customers from SME to PLC. We work closely RBS and NatWest and informally with Barclays, HSBC, Metro Bank, Clydesdale and Yorkshire to provide customers with an alternative to Bank Guarantees. The Bonds we arrange typically unlock working capital for customers, at competitive cost. DRS is expanding. We identified the need to process volume as a critical success factor for future growth and put in place a highly trained team dedicated to delivering excellent client service, specialist advice and expediting the accurate processing of Bonds. DRS is committed to developing our brand, growing market share and as thought leaders, broadening awareness of our Market.