When needing financial support, the majority of companies turn to banks. And with good reason: in most countries, banks are a reliable first destination for companies seeking guarantees or bonds.
However, when financing options become more expensive and margins get tighter, alternative financial providers may be a solution for sectors looking for more flexibility than traditional banks can offer. The machinery and construction sectors have seen significant changes since the onset of Covid-19, creating a need for different financing options. Here, our experts from the Allianz Trade Surety team share their insights on how companies can use to finance and win projects in these sectors.