Frequently Asked Questions
1. What is a customs bond, and why do I need one?
A U.S. Customs bond is a financial guarantee required for importers to ensure compliance with federal regulations. It guarantees payment of duties, taxes, and fees. Without a bond, goods cannot be cleared into the U.S.
2. Why do importers have to post collateral for bonds?
Sureties often require importers to fully collateralize their bond obligations, tying up cash or credit lines. This protects the surety but restricts your company’s working capital.
3. How does ClearBond’s solution work?
ClearBond partners with leading sureties, insurers, and financial institutions to structure bonding programs that reduce or eliminate collateral requirements, while keeping your bond compliant and secure.
4. Who is ClearBond for?
We work primarily with mid-market importers who have strong businesses but are frustrated with tying up millions of dollars in bond collateral.
5. How much working capital can I unlock?
Every case is unique, but many importers can unlock millions of dollars in capital that would otherwise be restricted in collateral accounts.
6. Will this impact my compliance with U.S. Customs?
No. All ClearBond solutions are fully compliant with U.S. Customs and Border Protection requirements.
7. What are the qualifications to work with ClearBond?
We look for companies with:
A history of profitable operations
Solid financial standing
Ongoing import activity that requires significant bond amounts
8. How long does the process take?
Most clients complete the evaluation and setup process within 2–4 weeks, depending on complexity.
9. Is ClearBond a bank or an insurer?
No — ClearBond is an independent trade finance solutions provider. We partner with banks, sureties, and insurers to design the right structure for your needs.
10. What does it cost to work with ClearBond?
Our fees vary based on the structure and size of the bond, and risk profile of the company. We design programs where the savings and freed-up capital far outweigh the costs of alternative financing such as mezzanine debt or equity.
11. Is my information confidential?
Yes. We treat all client information with the highest level of confidentiality and work only with trusted financial institutions and insurers.
12. How do I get started?
Simply complete our contact form or reach out directly. A ClearBond advisor will schedule a quick call to understand your needs and guide you through the next steps.