- Do I need to get my DME bond or my accreditation first?
- A lot of sureties will not post a bond until the accreditation is posted.
- What does the new DME law mean when they say that they will only accept T-listed sureties?
- The Treasury Department sends out twice a year The Department of Treasury's Listing of Approved Sureties. The Surety Group Agency works with over 30 T-listed sureties.
- How long will it take to get my DME bond approved?
- Ordinarily, the process can be done within one business day or less.
- There are sureties that are requiring me to furnish CPA financial statements on my business. Do I have to?
- It depends on your credit and financial net worth. We are pleased to announce that we normally do not require CPA financial statements.
- Do I have to join a purchasing group to enjoy a discounted bond rate?
- No. A number of associations and purchasing groups imply that you have to. However, DME's with excellent credit can in fact enjoy a rate of approximately $200 per year.
Learn more here. Apply for bond here.