Find among the best surety bond rates when 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. For up to date information on surety bonds call 800-314-7003 immediately. We care about every client. Call the Fredericksburg Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond makes someone financially responsible for an agreement in which an obligation must be fulfilled, and where default is a definite possibility. If you are a third party administrator for an insurance company, for example, you handle the claims processes for them. In the course of your activities you will be handling sensitive information and the funds of others, and the government regulates how you handle these moneys. You need to promise that you will obey these regulations before the government will issue you a business license. Sureties are willing to take on the responsibility to fulfill the obligation for you, with the proviso that you will pay the surety back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you don’t think you can get a surety bond with poor credit. Call 800-314-7003!
If you are bidding on public projects for the City of Fredericksburg 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.
715 Princess Anne St. Fredericksburg, VA 22401
Fredericksburg is an independent city in the Commonwealth of Virginia, the 36th most populous. It is named after Frederick, Prince of Wales, son of King George II, and in its earliest days sported the names of a number of members of the royal family. Fredericksburg is on located near the Rappahannock River where it crosses the Fall Line, and it was once an important port in Virginia in the colonial era. During the American Civil War the city was the site of the two Battles of Fredericksburg. Fredericksburg is part of the Washington Arlington Alexandria DC-VA-MD-WV Metropolitan Statistical Area.
Surety bonds can be considered a short term loan, looked at one way. When you buy a surety bond, the surety company promises the obligee (the party that asked for the bond) that it will secure any claim made against the bond, if valid and according to the obligee’s contract with the principal (the party asked to buy the bond). That’s why a credit check is the first stop on every surety bond application. The better your credit, the more responsible you are, the better a bet you are for a short term loan. Call the Fredericksburg Surety Bond Pros Today at 800-314-7003!
If I need assistance getting a bond, is there any help out there? The Small Business Administration has a program called the SBA Surety Bond Guarantee Program, which allows small businesses to get between 70% and 90% of their bonding guaranteed by the government. The program requires prior approval from certified bond producers. Special consideration is given to socially and economically disadvantaged small businesses, historically underutilized business zones, business development programs and veteran of service disabled veteran owned small businesses.
Why do I have to pay the surety company back if I have a claim? It wouldn’t make sense for a surety to take primary responsibility for claims made against you because of default on your part, since you might be tempted to default to get out of your responsibilities. At the same time, most companies don’t want to deplete their resources to put up a security deposit as a guarantee, so they get the surety to take over the responsibility of guaranteeing your guarantee, so to speak. The surety knows that if they have enough financial information about you they can get a pretty good idea of whether you will default on a commitment like this, and if you’re a good enough risk, it will promise the government that it will pay any valid claim in the form of a short term loan to the defaulting business, which must pay the surety back. Give us a call at 800-314-7003
2300 Fall Hill Ave #240, Fredericksburg, VA 22401Phone: (540) 373-9400
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.
|Fredericksburg Lottery Bond||Fredericksburg Guardianship Bond|
|Fredericksburg Pharmacy Wholesaler Bond||Fredericksburg DMEPOS (Medicare) Bond|
|Fredericksburg Warranty Bond||Fredericksburg Telemarketer Bond|
|Fredericksburg Race & Sports Book Bond||Fredericksburg Sheriffs Indemnity Bond|
|Fredericksburg Honesty Bond||Fredericksburg Injunction Bond|
|Fredericksburg Bid Bond||Fredericksburg Third Party Administrator Bond|
|Fredericksburg Public Official Bond||Fredericksburg Garage Bond|
|Fredericksburg Wage and Welfare Bond||Fredericksburg Payment Bond|
|Fredericksburg Freight Broker Bond - BMC-84||Fredericksburg Auctioneer Bond|
|Fredericksburg Mortgage Broker Bond||Fredericksburg Home Health Care Bond|
|Fredericksburg Subdivision Bond||Fredericksburg Cost Bond|
|Fredericksburg Release of Lien Bond||Fredericksburg Collection Agency Bond|
|Fredericksburg Appraisal Company Bond||Fredericksburg Credit Services Organization Bond|
|Fredericksburg Talent Agency Bond||Fredericksburg DMV Driving School Bond|
|Fredericksburg Business Service Bond||Fredericksburg Travel Agency Bond|
|Fredericksburg Off Site Improvement Bond||Fredericksburg Labor Bond|
|Fredericksburg Auto Dealer Bond||Fredericksburg Pawnbroker Bond|
|Fredericksburg Performance Bond||Fredericksburg Credit Repair Bonds|
|Fredericksburg Medicaid Provider Bond||Fredericksburg Supply Bond|
|Fredericksburg Emissions Station Bond||Fredericksburg Used Car Dealer Bond|
|Fredericksburg Material Bond||Fredericksburg Supersedeas Bond|
|Fredericksburg Utility Bond||Fredericksburg Title Agency Bond|
|Fredericksburg Fidelity Bond||Fredericksburg Appeal Bond|
|Fredericksburg Lost Instrument Bond||Fredericksburg Process Server Bond|
|Fredericksburg Lost Title Bond||Fredericksburg Promoter Bond|
|Fredericksburg Insurance Broker Bond||Fredericksburg Mortgage Lender Bond|
|Fredericksburg Health Club Bond||Fredericksburg Non Resident Cost Bond|
|Fredericksburg Executor Bond||Fredericksburg Notary Bond|
|Fredericksburg Sales Tax Bond||Fredericksburg Lost Deed Bond|
|Fredericksburg Janitorial Service Bond||Fredericksburg Employee Theft Bond|
|Fredericksburg ERISA Bond||Fredericksburg Replevin Bond|
|Fredericksburg Contractor’s License Bond|