Mortgage Broker and Lender surety bonds are underwritten as different classes of business by some bonding companies, while others lump the two professions into one underwriting category.
Month: June 2007
The alternatives to surety bonds, such as a letter of credit may seem like a less expensive option. However, they are typically more expensive and can severely cut down a company’s liquidity. Read why surety bonds are the clear choice when it comes to cost and overall business functionality.