FILLING YOUR TANK

Our bonds guarantee your fuel supply. Again and again

PetroBonds allow fuel retailers, wholesalers, and fuel-intensive businesses to get fuel delivered now, pay later.

Buy more fuel: Backing your supply, we keep more fuel – and more cash – flowing

Fueling your fire: We back those who back themselves. Our expert team becomes your team, responding quickly and efficiently

Fuel your business : 30 years in the fuel sector, we know what works and who to work with. It grows your confidence, capacity, and credibility

Better terms: The PetroBonds advantage helps negotiate better credit terms with fuel suppliers.

We guarantee the nation’s fuel.

Join hundreds of petroleum entrepreneurs going further, faster

AA- Rated Paper

30 Years Experience

300+ Happy Customers

We’re the most widely accepted fuel bonds.

Industry approved. PetroBonds are accepted by major fuel companies, including Ampol, Viva, BP, Chevron, Mobil Australia, and more.

Fast turnaround. After receiving your application, we can give approval within 2 business days.

You know where you want to go, but the path is not always easy.

When we back you, we’re there for the whole journey. Our credit accelerates your credibility. So you can get to where you want to go much faster.

Call 02 8274 2887 and ask for the Petrobonds team, or email us at info@petrobonds.com.au

Petroleum Bonds and LeaseBonds are underwritten by Assetinsure Pty Ltd through an agency agreement with HDI Global Specialty SE. HDI holds an AA- rating from the top rating agencies, Standard and Poor’s and A.M. Best. HDI is part of the Talanx Group and is a strong and established player within the international insurance market.

Need more information? Download our Petrobonds brochure here.

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FAQs

Are PetroBonds worth it?

PetroBonds don’t require property or cash as collateral, which means you can keep your capital free for other business needs. Plus, the payment terms offered by your supplier as a result of using a petroleum bond will improve your operational cash flow.

Who can apply?

Bulk fuel buyers who demonstrate financial stability and a strong track record are well-suited. PetroBonds cater to businesses across a range of industries, including but not limited to:

  • Fuel Retailers and Wholesalers
  • Transport and Logistics
  • Agriculture and Mining
  • Marine, Bunker, and Aviation

What do I need to apply?

Applying for PetroBonds is simple. Here’s the key information you’ll need to provide:

  • Application Form
  • Supply Contract
  • Financial Statements
  • Statement of Personal Assets & Liabilities

After receiving your application, we can typically provide approval within 2 business days.   

Which suppliers accept PetroBonds?

PetroBonds are accepted by all major fuel suppliers, including but not limited to the following:

  • Ampol Australia Petroleum Pty Ltd
  • BP Australia Pty Ltd and BP Oil New Zealand Limited
  • Liberty Oil Australia Pty Ltd
  • Chevron Downstream Fuels Australia Pty Ltd
  • Viva Energy Australia Pty Ltd (Shell)
  • Z Energy Limited (NZ)
  • Tasco Inland Petroleum Pty Ltd
  • Lowes Petroleum Service

Your supplier needs to approve the bond amount during the negotiation of your supply contract.

What’s the cost?

The cost of your bond will vary, depending on your needs. However, it can be broken down as follows:

  • A yearly charge for each active bond in advance. Minimums apply.
  • A one-time establishment fee to set up a facility.
  • A small administration fee for each bond issued.

What happens if a claim is made?

If you’re unable to pay your supplier, they can lodge a claim with us. PetroBonds guarantees immediate payment to your supplier without any delay. We’ll then recover the amount under the Indemnity clauses within your Terms Sheet, a legal document we establish together to keep the process seamless for everyone.