Contract Bond Applications
Any bond type that guarantees a job per the terms of the contract falls under this category. These include bid bonds, payment and performance bonds, and maintenance bond.
|These programs are designed for contractors with infrequent bond requirements (single/aggregate limits under $500,000), and are generally the best way to get started. Approval for these programs are based primarily on the owner(s)’ personal credit score.
|This is for contractors requiring a larger bonding line of credit and looking to establish a bonding relationship with one of our many respected surety companies. This requires a higher level of analysis.
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