“We would definitely recommend Atradius for the responsiveness of their teams and the Cautionet online tool, as well as the competitive rates offered.”
Aims
The bonds issued by Atradius enable REALITES to guarantee compliance with the conditions of the sales agreements signed between REALITES and the sellers. This also enables them to preserve their cash flow by setting up rental bonds that can be substituted for the guarantee deposits. Finally, the GFAs enable their private and institutional clients to be acted upon in order to generate turnover.
Our role
In order to meet the bonding needs of the REALITES Group, Atradius has put in place a global package that includes all the products (market guarantees, GFA, etc.) necessary for the successful implementation of their projects. We support the Group in the management of their bond lines through regular, responsive and simplified exchanges with the account manager and using our online tool Cautionet, all at a competitive cost.
Outcomes
The objectives have been achieved through the implementation of bond lines and mechanisms, while guaranteeing a regular increase of the envelope dedicated to guarantees and GFA correlated with the development of the REALITES group. Finally, the close day-to-day collaboration between REALITES and Atradius means that each project can be adapted quickly and effectively.
"We would definitely recommend Atradius for the responsiveness of their teams and the Cautionet online tool, as well as the competitive rates offered" says Julie Bertin.
About REALITES
REALITES is a territorial development group that provides to public and private decision-makers technical, financial, legal and marketing engineering for real estate solutions and adapted facilities.
Through its philosophy of "territorial intelligence", the group structures its expertise around the areas of project use and project management.
Founded in 2003 and with more than 500 employees spread over 14 sites, REALITES recorded a turnover of more than 204 million euros excluding VAT in 2020, up 23% despite the penalizing context linked to the Covid-19 pandemic.