A Maintenance & Retention Guarantee assures the client that you’ll address any defects or maintenance issues discovered after project completion. It helps you maintain strong client relationships while freeing up the retention money typically held back for the maintenance period.
How It Works
Instead of your client withholding payment, On Deck Capital provides a guarantee covering the same value. This allows you to access your funds immediately while still offering the client full protection against post-completion defects.
Benefits of Maintenance & Retention Guarantees
Releases withheld funds to improve your cash flow.
Strengthens client confidence after project delivery.
Maintains compliance with industry and contract standards.
Enables you to start new projects without financial delay.
Demonstrates accountability and post-project responsibility.
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