Spotlight on Premium Financing
If you’re anything like me these days, reaching into your wallet is downright depressing. We’re all tightening our belts and finding different ways to cut unnecessary expenses. We’ve stopped eating out as often, made a strict budget and even (gasp!) reduced our DVD subscription to one movie a month. Times are tough to say the least.
Despite our best efforts, credit scores have dropped dramatically in the last few years and unfortunately most bonding companies rely heavily on your credit score to determine premium. Naturally, a low credit score can lead to a higher premium. So what happens when you need a surety bond and the premium seems just out of reach? You can’t get around the surety bond requirement, the company’s funds are limited and you need that surety bond today… Luckily, The Surety Group has come up with a solution that will help applicants get the bond they need when they can’t pay the entire premium amount upfront.
Our Premium Financing Option will allow applicants the opportunity to finance the premium amount and get their bond when they need it. And, since the program is designed for those applicants with less than stellar credit, you don’t have to worry about qualifying.
Simply contact us today and let us tell you about our Premium Financing program. We can get you set up quickly and you can have your bond in your hands tomorrow.