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Garfield Township, MI Surety Bonds

Call Pro Surety Bond today if you need a surety bond quickly and inexpensively. 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. Just call 800-314-7003 and you'll have your bond in no time at all. Call us today for a free bond quote.Call the Garfield Township Surety Bond Pros at 800-314-7003 !

Get The Garfield Township Pro Surety Bond Treatment.

Call 800-314-7003! What is a surety bond? A surety bond is a way of making someone financially answerable for a promise they have made. To take an example let's say you are a motor vehicle broker. As a broker you are responsible for taking money from one party and transferring it to another party (minus your own fee). However, to guarantee that the transfer is made honestly, the government makes people in that business take out a bond cover any parties you might be at risk if you mismanage those funds. If you had to put up that money yourself it would really cut into you working capital, so the government will allow you to buy a surety bond, which has the financial strength to pay the claim in the unlikely event one is made. It amounts to a short-term loan which must be paid back to the shore. Pro Surety Bond has over 25 years of combined industry experience. Call ask even if you doubt that you'll ever be able to get a surety bond at a good price.Call 800-314-7003!

Bidding Opportunities in Garfield Township

If you are bidding on public projects for the City of Garfield Township 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.

Click Here for Bidding Opportunities for the City of Garfield Township

3848 Veterans Dr, Traverse City, MI 49684

Phone:(231) 941-1620
Map to Finance Department

The Community of Garfield Township, Michigan

Garfield Township is a charter township in Grand Traverse County and it is 118th most populous community in the state of Michigan. The Economic Development Foundation provides access to capital for small businesses in Garfield Township in particular and Michigan state at large. It is a certified development company which means it’s authorized to originate, close and service commercial loans obtained from the US Small Business Administration's 504 Loan program. As such the economic development foundation has been a vital component of the Garfield Township economy through knowledge in assisting small businesses with the acquisition of real estate and equipment. Its staff is skilled in the streamlining the process of applying for loans and permits.

What is a sales tax bond? Most taxes are fairly easy, meaning property taxes, payroll taxes and the like, because those taxes can be collect directly at the source because there is a paperwork trail to make sure they are paid. But what about sales tax? Sales tax is collected at the point of sale and deposited later. This means the government cannot keep direct tabs of the collection of the sales tax. To a certain degree it has rely on the businesses that collect it to deliver it. To guarantee that the government gets the money that it owed to it, it makes businesses take out a surety bond to cover the government in case a company does not deliver the sales tax deposits it has promised to.  Call the Garfield Township Surety Bond Pros Today at 800-314-7003

What is the difference between liability insurance claims and surety bond claims? When it comes to liability insurance, policyholders transfer all their risk (within a certain domain, as in driving,) to the insurance company, which collects the premiums for policyholders and pays all claims out of that fund of money. With surety bonds, since they don't cover accidents, the policyholder, i.e., the surety bond purchaser, remains responsible for the claim. What the surety company does it is promise that it will guarantee some act that the bond purchaser as promised. That is the limit of the surety's responsibility. That claim still has to be paid back by the surety bond purchaser, who bought the bond so that he didn't have to put his own money as a security.

Your Premier Surety Bond Provider In Garfield Township

Why is it important that I avoid a surety bond claim? The most important reason is that when a claim is made against your bond, it's a claim against your money. The surety bond is not insurance, and that means the surety company does not accept primary responsibility for the claim. When you were issued as a surety bond the surety did an investigation of your financial strength, because what they're doing when they issue you a bond promise to put forward credit for you in case a claim is made against you. Since this claim is actually a loan, it has to be paid back just like any other loan. Give us a call at 800-314-7003.

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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.