Contact us, Pro Surety Bond, for the best rates on your next 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. Call 800-314-7003 for the "surest" bond assistance. They do not mind hearing you questions in the least. Call the Bristol Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond financially obliges that an agreement be fulfilled. If you are in the construction industry and you bid on large government projects, the project owner will want a guarantee that you can finish the work you have committed to. In that industry the surety bond is the instrument of choice, and that means if you cannot finish a project for some reason, the surety has an agreement with the owner that the surety will step in as if it were you and make sure that the project is finished. This effort usually ends up as a short-term loan to you to pay for whatever it takes to finish the job, with the defaulting contractor having to reimburse the surety later. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are indecisive about applying for a surety given a poor credit rating. Call 800-314-7003!
If you are bidding on public projects for the City of Bristol 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.
300 Lee Street Bristol VA 24201
Phone: 276) 645-7328
Bristol is an independent city in the Commonwealth of Virginia and is the 69th most populous. Bristol started out as Big Camp Meet as it was called when settled by Evan Shelby, a successful Welsh trapper, who moved his family to the site. It acquired a reputation over the years for being the departure point of Daniel Boone and George Rogers Clark. Its twin city is Bristol, Tennessee, and the two are separated by the city’s Main Street. Bristol is a principal city in the Kingsport—Bristol, Virginia—Bristol, Tennessee Metropolitan Statistical Area.
What are commercial surety bonds? Commercial surety bonds are kind of a catch all term for bonds used in everything that is not contract, or court bonds. They generally act as an incentive to a business to do business honestly and according to regulation. They may guarantee that sales tax is paid, or they may act as a mechanism of consumer protection among other things. Usually a commercial bond is needed in order to receive a business license in your industry. Call the Bristol Surety Bond Pros Today at 800-314-7003!
What is surety bond underwriting? Surety bond underwriting is the process of determining the risk worthiness of a bond applicant, and deciding whether to issue a bond, and deciding whether or not a given applicant must put up collateral for a bond. The underwriter is ultimately the party that takes on the risk of standing in for you in case you default on a commitment. Since most of the time the surety bond is issued unsecured, it’s important for the underwriter carefully evaluate each applicant for weaknesses and strengths in financial state and general character.
What is a surety bond producer? Surety bond producers are surety bond agents who represent the front line between the bond purchaser and the underwriter. Since surety bonds boil down to a form of credit, it’s the bond producer’s job to get you the credit you need. Surety bond producers are professionals with expertise in the bond market and the business strategies that underlie the process of underwriting. Surety bond producers are in a great position to see where a company is having problems and can notify them and sometimes offer counsel. Give us a call at 800-314-7003
20 Volunteer Pkwy, Bristol, TN 37620
Phone: (423) 989-4850There 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.