Talk with the dedicated surety bond staff at Pro Surety Bond when purchasing 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 us at 800-314-7003 to get your free bond quote. You’ll understand why our clients come back year after year for their bond renewals.Call the Fraser Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond reimburses a party when another party doesn't live up to a commitment. What kind of a commitment might we be talking about? Well, let's say you own a hazardous waste management company. There are lots of safety and health regulations related to that industry, and if a company breaks them there can be serious damage to the environment. To protect the public and the government from unpaid fines related to breaking the regulations, the government makes you take out a surety bond to cover all parties who need coverage. When you by the surety bond the surety company promises the government that it will pay any valid claim, while you, the bond purchaser, will promise to pay the surety back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think you won’t be able to get a surety bond at a reasonable price with your bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Fraser 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.
33000 Garfield Rd. Fraser, MI 48026
Fraser is a city in Macomb County and it is the 140th most populous community in the state of Michigan. The Village of Fraser was incorporated in 1894, an was named after a prominent lawyer in Detroit. The City of Fraser was established in 1956 at the demand of the electors at the end of that year. Fraser is kind of a sleepy little place. It's a great place to raise a family, but if you're looking for night life you might want to go somewhere else. Downtown Detroit or Royal Oak aren't too far away. Fraser has lots of great grocery stores and a mall that has been recently updated, along with a few chain restaurants. People here find the place friendly and overall it's a pleasant safe place to live. Today Fraser is known as is none for being a part of the metro-Detroit region.
The chief aim the Fraser Economic Development Committee is to provide as much data as possible to commercial interests established here, so that they can be informed about, among other things, what other businesses in the community are doing in the city, how to contact the city with questions about what other agencies and incentives might be offered to help them. Since each business has its own set of possibilities you need the customer service that only the economic development committee can offer. Why we cannot guarantee that your venture will be a success, but we can guarantee that the city is committed to your commercial success. That is why we've assembled a team that can help you with the planning and execution of your business plan. Call the Fraser Surety Bond Pros Today at 800-314-7003
What are contract bonds? Like the name suggests, contract bonds are bonds which guarantee that a contractual obligation will be fulfilled. However, contract bonds are almost always used only in the construction industry. Construction projects are usually large, and there are a number of actors involved, each of which has to play his role and play it in a timely manner. If one subcontractor cannot finish the job the entire project slows down and goes and costs rise quickly. Surety bonds have been used to guarantee a subcontractor’s work because contract owners project owners do not have the time to take subcontractors to court. They do not have two years to wait to continue a project. They need the guarantee now. Surety companies have the financial strength to fulfill the obligation that a defaulted contractor has performed.
Why are surety bonds superior to letters of credit? Let's examine what they are first. A letter of credit is a form of risk management that is taken on by a bank. Now, banks are not in the risk management business and if you want them to emulate such behavior, they will need a sure fire way of not losing money. That’s why banks always require collateral for letters of credit: if a claim is made, it is paid and the letter of credit reverts to being a loan. When you pledge your assets in this way, you tie up your working capital and lower your credit rating. All in all that makes it difficult for you to do business. Surety bonds are issued on the basis of the financial strength of your company only. And that means that when you get a surety bond it's not reported on your accounting books., unless of course the claim is made. Give us a call at 800-314-7003.
23320 Gratiot Ave, Eastpointe, MI 48021Phone: (586) 776-5520
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.
|Fraser Off Site Improvement Bond||Fraser Warranty Bond|
|Fraser Auto Dealer Bond||Fraser ERISA Bond|
|Fraser Non Resident Cost Bond||Fraser Title Agency Bond|
|Fraser Process Server Bond||Fraser Cost Bond|
|Fraser Labor Bond||Fraser Public Official Bond|
|Fraser Utility Bond||Fraser Wage and Welfare Bond|
|Fraser Telemarketer Bond||Fraser Garage Bond|
|Fraser Lost Instrument Bond||Fraser Home Health Care Bond|
|Fraser Promoter Bond||Fraser Third Party Administrator Bond|
|Fraser Appraisal Company Bond||Fraser Appeal Bond|
|Fraser Travel Agency Bond||Fraser Health Club Bond|
|Fraser Insurance Broker Bond||Fraser Medicaid Provider Bond|
|Fraser Release of Lien Bond||Fraser Guardianship Bond|
|Fraser Credit Services Organization Bond||Fraser Honesty Bond|
|Fraser Business Service Bond||Fraser Material Bond|
|Fraser Auctioneer Bond||Fraser Mortgage Broker Bond|
|Fraser Subdivision Bond||Fraser Notary Bond|
|Fraser Payment Bond||Fraser Bid Bond|
|Fraser Sheriffs Indemnity Bond||Fraser Contractor’s License Bond|
|Fraser DMV Driving School Bond||Fraser DMEPOS (Medicare) Bond|
|Fraser Used Car Dealer Bond||Fraser Freight Broker Bond - BMC-84|
|Fraser Fidelity Bond||Fraser Injunction Bond|
|Fraser Credit Repair Bonds||Fraser Lost Deed Bond|
|Fraser Supersedeas Bond||Fraser Lottery Bond|
|Fraser Performance Bond||Fraser Lost Title Bond|
|Fraser Sales Tax Bond||Fraser Emissions Station Bond|
|Fraser Talent Agency Bond||Fraser Mortgage Lender Bond|
|Fraser Race & Sports Book Bond||Fraser Pawnbroker Bond|
|Fraser Janitorial Service Bond||Fraser Pharmacy Wholesaler Bond|
|Fraser Employee Theft Bond||Fraser Collection Agency Bond|
|Fraser Replevin Bond||Fraser Executor Bond|
|Fraser Supply Bond|