Ensure your fuel supply with MexGas or private companies without affecting your liquidity. With NRGI Broker, process your surety bond process is backed by professional expertise.
Bonds
Fuel Supply Surety Bonds in Mexico
What is a Fuel Supply Surety Bond and Why Is It Important?
A fuel supply surety bond is a credit guarantee that ensures timely payment for fuel acquired by service stations, distributors, or marketers under contracts with MexGas, or private companies such as HIDROSINA, REPSOL, VITOL.VALERO and others.
When Is a Supply Surety Bond Required?
- In marketing and commercialization contracts.
- When the supply is granted on credit.
- When the beneficiary requires a guarantee as a condition for fuel delivery.
Requirements for Issuing the Bond
To process this bond, surety companies evaluate:
- Credit and financial history of the applicant, commercial references, and company profile.
- Financial statements for the last two fiscal years with tax returns, plus recent statements from the current year (no older than three months).
- Marketing contract issued by the beneficiary.
- Legal documentation: Articles of incorporation, powers of attorney, Tax ID (RFC), and proof of address.
- Additional guarantees: Real estate, joint obligors, letters of credit, or deposits in a percentage lower than the bond amount, depending on the amount and risk.
Frequently Asked Questions
Does the bond cover the physical delivery of fuel?
No. Its sole function is to guarantee payment for product already delivered.
Who can be beneficiaries?
MGC and major private marketers.
Can the amount be increased?
Yes, in the event of higher purchase volumes or a credit increase.
Issuance time?
From 48 to 72 hours with complete documentation and compliance with the guarantees required by the surety company.
Why Obtain Your Supply Bond with NRGI Broker?
NRGI Broker specializes in surety bonds for the energy sector, with extensive experience in contracts with MexGas and private entities. We ensure your bond is accepted without observations so your operations continue without interruption.
Benefits of partnering with NRGI Broker:
- Strict compliance with formats required by MexGas and private companies.
- Agile, digital processing with personalized attention.
- Expertise in service stations and large-scale distributors.
- Competitive rates and preferential conditions.
