Information on contractor license bonds for a wide range of client types. Articles for applicants with good or bad credit. If you are a contractor in need of a license bond, you will want to read through our archives.
What Changed for Virginia Contractors? A new bill was enacted in April of 2017 that allows certain contractors in Virginia to post a surety bond as an option to get licensed. How Does the New Bond Requirement Work? The bill named SB 1113 allows Class A and Class B contractors the option of …
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Surety bonds can be a puzzling subject to many people. Then again, there are a few simple distinctions that can help you greatly when you start operating as a contractor and need to obtain specific bonds for specific purposes. Let’s tackle contractor license bonds.
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Many contractors that were planning on starting an LLC (Limited Liability Company) in California found that they were legally unable; but a new bill has changed that. Legislators put a new law in to place allowing contractors to operate as an LLC but in order to do so; they must obtain a large …
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What many do not know is that not everyone qualifies for surety bond backing. Learn what you can do to ensure you qualify for the bond type and amount you are in need of.
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