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Why do I Need A Surety Bond

by suretyK 3. March 2009 01:22

Question:

  • I am a small business owner and my credit is not good. I’ve never had to have this before and I don’t know what to do. If you can help, please let me know. Thanks.

Answer:

  • Unlike traditional insurance, surety bonds are underwritten to ensure that there will be no loss. In that sense, a surety bond can act as a pre-qualification tool for the obligee. Whether you are a contractor looking for payment and performance bonds or a wine distributor needing a tax liability bond, the bond guarantees that you will do something.

    Since The Surety Group is a surety only agency, we have the markets to support almost all situations. Our goal is to find a surety to fit your needs and is willing to grow with your company. We have programs in place to help you increase your bonding capacity that will ultimately lead to overall business success.

    Simply complete one of our applications to get started-- or call (1-800-486-8211) us directly for more direction.

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