Is this a performance bond?

[apprentice35]

We are looking for a bond that will assure a private lender of ours that they are guaranteed their money regardless of the performance of the business, whether the business slows down due to uncontrollable weather or if it is something directly related to poor performance by the owner. Can you help me find a bond that meets these descriptions?

[bondman]

Originally Posted by apprentice35

We are looking for a bond that will assure a private lender of ours that they are guaranteed their money regardless of the performance of the business, whether the business slows down due to uncontrollable weather or if it is something directly related to poor performance by the owner. Can you help me find a bond that meets these descriptions?

No, based on the description you have given the bond isn't a performance bond although you haven't really made clear the exact events that would lead to a call and whether the amount that could be called would only relate to the core investment or potential profits. My guess is that you need an insolvency bond?