How To Secure A Bond
Qualifying for a bond is a rather involved process. Learn the perspectives of the bonding company for what it takes to qualify for surety bond credit. Also, learn tips to increase your surety bond limits.
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Category: License Bonds
Coverage of the latest license bond news—new legislation, updated bond requirements, and everything else you need to know about license and commercial bonds. Need to get a license bond or have a business that needs to be bonded? We also offer tips for getting bonds, scaling your business, and finding the best surety bond company.
For specific bond information, check out our license bond guides. We offer guides for auto dealer license bonds, contractor license bonds, and more.
Avoid Bond Collateral If Possible
Bonding companies will often agree to write risks they typically would decline by requiring collateral along with the premium. This is a good solution in certain circumstances, but clients would be wise to carefully read their collateral agreements prior to signing on the 'X'.
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“Why Do I Need a Surety Bond?”
Many people do not understand why they need to obtain surety bonds, let alone understand what they are. If you want to find out why you need a surety bond, you have discovered the right place. An obvious answer to this question is because it’s being required of you (by the obligee). Why is the …
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