Pro Surety Bond makes purchasing surety bonds easier for you than you can imagine. 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. Bond counselors are waiting to take your call at 800-314-7003 and answer questions. Never worry about boring our bond counselors with your questions about surety bonds.Call the Cutlerville Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond allows for one party to collect damages if another party does not live up to a commitment it is made. What kind of a commitment do you mean? Let's say your business sells lottery tickets to the public. When you collect those monies the government has deposit schedule that you must maintain. Just to make sure that you can maintain that schedule, the government requires that you buy a surety bond. When you by the surety bond the surety promises the government did it will pay any Valid claim, but only in your place, not for you. This means that the surety is not ultimately taking responsibility for the claim just making sure that it gets paid. This means in turn that the paid claim is a short term loan try to be paid back to the shorty. Pro Surety Bond has over 25 years of combined industry experience. Call 800-314-7003!
If you are bidding on public projects for the City of Cutlerville 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 Monroe Avenue NW Grand Rapids, MI 49503-2289
Cutlerville is an unincorporated community in Kent County, and it is the 141st most populous community in the state of Michigan. Cutlerville is a census-designated place, therefore has no municipal or other political status. It exists only for statistical purposes. The community was named after John Cutler who came here from New York State with his wife and no less than 10 children. He bought about three hundred acres on the site that will become his namesake city and built a log cabin in 1853. By 1891 the family had become so prosperous that his son John I Cutler built the Cutler Mansion which in 1910 became the nucleus of the Pine Rest Christian Mental Health Services.
If the government won't take my word that I can guarantee my own work, why will they accept the surety’s when they say they will back it up? Because the surety company is a big financial institution and it has its own regulatory code to live up to. One part of that code requires them to is if they have to maintain a certain amount of money to pay out claims, and a surety company hasn't gone broke in many many years. So when the surety says that it's going to pay a claim it's a virtually one hundred percent “surety.” Call the Cutlerville Surety Bond Pros Today at 800-314-7003
What is the surety’s obligation to the party that asked for the bond? The obligee, which is the legal name for the party that asked for a surety bond to cover an obligation made by you the bond purchaser(aka the principal) When you buy a surety bond all three of you are entering into a 3-way agreement that is really more like three individual interlocking agreements in that the commitment that the surety is making to the obligee is such that the surety must pay any valid claim, with validity being determined by guidelines set by the regulations of the industry. Now if that claim is valid, the surety must pay that claim even if you the principal do not agree with it. If you do not agree with the claim, you will have to speak with an attorney.
Why is a surety bond better than a letter of credit? The main reason surety bond is superior to a letter of credit is that the letter of credit requires collateral, and this means that you have to pledge your assets to secure your loan. Letters of credit are issued by banks, and banks are not in the risk management business, and that’s why they require collateral. This can cause problems because if it's a large amount, can tie up your working capital. Surety bonds are different in that the surety company examines your financial strength before it issues you a bond, and based on that, the surety assumes that you are not going to need a claim to be paid. This means that the surety can in most cases issue a bond without collateral, and that in turn means that your surety bond does not show up on your ledgers as a liability. Give us a call at 800-314-7003.
4415 Byron Center Ave SW, Wyoming, MI 49519Phone: (616) 531-5990
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.
|Cutlerville Appraisal Company Bond||Cutlerville Janitorial Service Bond|
|Cutlerville Supersedeas Bond||Cutlerville Lottery Bond|
|Cutlerville Sheriffs Indemnity Bond||Cutlerville Bid Bond|
|Cutlerville Injunction Bond||Cutlerville Mortgage Lender Bond|
|Cutlerville Fidelity Bond||Cutlerville Non Resident Cost Bond|
|Cutlerville DMV Driving School Bond||Cutlerville Appeal Bond|
|Cutlerville Home Health Care Bond||Cutlerville Collection Agency Bond|
|Cutlerville Release of Lien Bond||Cutlerville Health Club Bond|
|Cutlerville Labor Bond||Cutlerville Used Car Dealer Bond|
|Cutlerville Lost Instrument Bond||Cutlerville Warranty Bond|
|Cutlerville Sales Tax Bond||Cutlerville Employee Theft Bond|
|Cutlerville Mortgage Broker Bond||Cutlerville Medicaid Provider Bond|
|Cutlerville Promoter Bond||Cutlerville Race & Sports Book Bond|
|Cutlerville ERISA Bond||Cutlerville Honesty Bond|
|Cutlerville Travel Agency Bond||Cutlerville Telemarketer Bond|
|Cutlerville Cost Bond||Cutlerville Replevin Bond|
|Cutlerville Public Official Bond||Cutlerville Performance Bond|
|Cutlerville Off Site Improvement Bond||Cutlerville Notary Bond|
|Cutlerville Insurance Broker Bond||Cutlerville Title Agency Bond|
|Cutlerville Pharmacy Wholesaler Bond||Cutlerville Contractor’s License Bond|
|Cutlerville Business Service Bond||Cutlerville Talent Agency Bond|
|Cutlerville Pawnbroker Bond||Cutlerville Credit Services Organization Bond|
|Cutlerville Supply Bond||Cutlerville Executor Bond|
|Cutlerville Material Bond||Cutlerville Auctioneer Bond|
|Cutlerville Emissions Station Bond||Cutlerville Utility Bond|
|Cutlerville Freight Broker Bond - BMC-84||Cutlerville Lost Deed Bond|
|Cutlerville Auto Dealer Bond||Cutlerville Guardianship Bond|
|Cutlerville Lost Title Bond||Cutlerville DMEPOS (Medicare) Bond|
|Cutlerville Subdivision Bond||Cutlerville Garage Bond|
|Cutlerville Third Party Administrator Bond||Cutlerville Process Server Bond|
|Cutlerville Wage and Welfare Bond||Cutlerville Payment Bond|
|Cutlerville Credit Repair Bonds|