You won't get your surety bond as cheaply as you'd like unless you call Pro Surety Bond. We specialize in all types of Contract and Construction Bonds including Payment and Performance Bonds, Subdivision and Off Site Bonds, Bid Bonds, License and Permit Bonds, Court Bonds, Fidelity Bonds and all types of Miscellaneous Surety Bonds.Our professionals can’t wait to take your call at 800-314-7003 . Just one call to Pro Surety Bond and you'll have your bond in no time at all.Call the Allendale Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond financially "urges" someone to fulfill an obligation it has made to another. If you own a construction company, say a subdivision construction business, and you're building a project next to some wetlands, you will be required by law to reclaim those lands when the project is done. If you don’t the government has to do it for your, so they make you take out a surety bond to cover the reclamation. A surety bond is like a short-term loan that the surety company puts forward for you in case a claim is made against you. As it is a loan, it does have to be paid back to the surety. Pro Surety Bond has over 25 years of combined industry experience. Call us even if you are worried that you think it's impossible to get a surety bond at an affordable rate with poor credit.Call 800-314-7003!
If you are bidding on public projects for the City of Allendale you may be required to post a Bid Bond. The Bid Bond guarantees you will be able to provide the Performance Bonds required in the event you are the low bidder. In essence the Bid Bond pre-qualifies you for the work you are bidding on. Not all jobs require bonding but if they do we can assist you with Bid Bonds, and subsequent Performance and Payment Bonds as required by the state. Please call the Contract Bond Team at Pro Surety Bond for more information.
12220 Fillmore St West Olive, MI 49460
Allandale is a census-designated place in Ottawa County, and it is the 110th largest community in the state of Michigan. Allendale is named after the Township, which was originally called Malta but was changed to Allendale after one Agnes Allen, the first person on the tax roll in the area, and the widow of Hannibal Allen, son of revolutionary war hero Ethan Allen. Allendale is entirely located within the Allendale Charter Township, and is part of the Grand Rapids--Muskegon--Holland Michigan combined statistical area. Some people in Allendale commute to Grand Rapids, but because of the distance Allendale is considered an exurb of that city.
Explain the surety bond underwriting process. Surety bond underwriting is kind of the redheaded stepchild of the insurance industry. With surety bonds, you're not dealing with risk and losses like you have with insurance. You're dealing with establishing credit worthiness of the applicant. And that's pretty easy if the bond is a license and permit bond because all you need is a simple credit check in most cases. But when it comes to contract bonds and large construction projects, you will be asked to cover millions of dollars sometimes. And that means you have to make sure that your credit and background checks are thorough. Call the Allendale Surety Bond Pros Today at 800-314-7003
To do this you need more than the type of credit check you would do with a license and permit bond. You need to have your applicant a substantial amount of financial background information, because the underwriter needs this information to generate a snap shot picture of the state of the business in question, so that a decision can be arrived at as to whether a bond should be issued. You will need three years of business finance statements, current personal statements in all the owners, a questionnaire, a bank reference letter, among other things. Sometimes the underwriter will even want to meet the applicant, although this is not particularly common.
I sometimes see the words licensed, bonded and insured in business advertisements. What does that terms mean? The government makes businesses put those in advertisements to make sure that, well, businesses that operate in that industry are licensed, bonded and insured. The insurance is there to cover you in case the business does something accidentally that causes you harm or some kind of loss. The license is the official approval of the government to do business in an industry. The bond is used as a precondition to licensure, and it acts as a kind of security deposit that the government can draw from if it has to collect fines that are unpaid. The bond also operates psychologically in the respect that it “encourages” you to do business honestly if you know that you have money out there that can be forfeited. Give us a call at 800-314-7003.
5425 Lake Michigan Dr, Allendale, MI 49401Phone: (616) 892-2632
There are literally thousands of different Surety Bonds to guarantee the performance of businesses and individuals. The following list of are the bonds we most commonly see.
|Allendale Release of Lien Bond||Allendale Payment Bond|
|Allendale Home Health Care Bond||Allendale Executor Bond|
|Allendale Insurance Broker Bond||Allendale Off Site Improvement Bond|
|Allendale Promoter Bond||Allendale Cost Bond|
|Allendale Auto Dealer Bond||Allendale Travel Agency Bond|
|Allendale Pharmacy Wholesaler Bond||Allendale Appraisal Company Bond|
|Allendale Subdivision Bond||Allendale Garage Bond|
|Allendale Bid Bond||Allendale Utility Bond|
|Allendale Business Service Bond||Allendale Sales Tax Bond|
|Allendale Telemarketer Bond||Allendale Labor Bond|
|Allendale Mortgage Lender Bond||Allendale Credit Services Organization Bond|
|Allendale Lottery Bond||Allendale Material Bond|
|Allendale DMV Driving School Bond||Allendale Talent Agency Bond|
|Allendale Medicaid Provider Bond||Allendale Freight Broker Bond - BMC-84|
|Allendale Employee Theft Bond||Allendale Lost Deed Bond|
|Allendale Notary Bond||Allendale Supply Bond|
|Allendale Guardianship Bond||Allendale Supersedeas Bond|
|Allendale Credit Repair Bonds||Allendale Replevin Bond|
|Allendale Honesty Bond||Allendale Used Car Dealer Bond|
|Allendale Health Club Bond||Allendale Race & Sports Book Bond|
|Allendale Lost Title Bond||Allendale Non Resident Cost Bond|
|Allendale Process Server Bond||Allendale Auctioneer Bond|
|Allendale DMEPOS (Medicare) Bond||Allendale Third Party Administrator Bond|
|Allendale Mortgage Broker Bond||Allendale Janitorial Service Bond|
|Allendale Contractor’s License Bond||Allendale Warranty Bond|
|Allendale Appeal Bond||Allendale Emissions Station Bond|
|Allendale Title Agency Bond||Allendale Performance Bond|
|Allendale Public Official Bond||Allendale Fidelity Bond|
|Allendale ERISA Bond||Allendale Collection Agency Bond|
|Allendale Wage and Welfare Bond||Allendale Lost Instrument Bond|
|Allendale Pawnbroker Bond||Allendale Injunction Bond|
|Allendale Sheriffs Indemnity Bond|