Contact the admirable team of bond agents at 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. If you call us today at 800-314-7003 you can speak with one of our agents. See how fast and easy it is to buy a bond. Call the Grand Rapids Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds financially bind someone to the terms of a contractual agreement. If you own an auction house, you must agree to handle the moneys of your clientele responsibly, and generally do business honestly and in good faith. To guarantee this, government regulators require a surety bond as a security against default. The bond functions as a deposit which you might make yourself, or instead rent the surety’s financial reputation and allow them to pay the claim. The claim will be in the form of a short-term loan advanced in your name, and which you must pay back to the surety. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think it's easier said than done to get an affordably priced surety bond with your poor credit. Call 800-314-7003!
If you are bidding on public projects for the City of Grand Rapids 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
Phone: (616) 456-3173
Grand Rapids is a city in Kent County and it is the second largest city in the State of Michigan. Historically, Grand Rapids has been known for its furniture manufacturing, being home to five of the ten largest furniture manufacturers, earning it the name of Furniture City. In Michigan however it’s known as River City, in reference to the river that gave the city its name. The economy these days is more diversified, with health care, information technology, aviation and consumer goods being the most prominent sectors. Today Grand Rapids is known as the hometown of Gerald R Ford.
The furniture industry grew in the second half of the 19th century, largely thanks to the huge lumber resources available in the area. Logs were floated down the Grand River, made into find wood products and furniture and shipped out through the Great Lakes. An unlikely event, a Centennial Exposition held in Philadelphia in 1876, put Grand Rapids on the map, at least in terms of furniture. The Exposition, in commemoration of America’s centennial, was a showcase of technology, invention, commerce among other things. Grand Rapids manufacturers sent some of their wares to the exposition, and caused no small fanfare. Call the Grand Rapids Surety Bond Pros Today at 800-314-7003!
Explain the three-way nature of the surety agreement. A surety agreement is often called a three-way contract, but it might be better to think of them as three two way agreements, because this distinction is important. First there is the obligee-principal agreement. The obligee is the party that wants the guarantee for something the principal has promised to do, with the principal buying the coverage. The obligee-principal agreement is the primary agreement that the surety company mediates.
The surety then enters into an agreement with the principal. This agreement amounts to a promise by the surety to pay any valid claim to the obligee, with the surety more or less standing in as the principal. If not for the surety, the principal would have to put up his own money, so the surety is in this sense putting up the money temporarily for the principal. The agreement the surety has with the obligee is to pay any valid claim, no matter the circumstances. It doesn’t matter if the principal disagrees with the claim, or even whether the principal defrauded the surety. There are significant penalties for the surety if it tried to wiggle out of a claim. Give us a call at 800-314-7003
111 Pearl St NW, Grand Rapids, MI 49503Phone: (616) 771-0300
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.
|Grand Rapids Wage and Welfare Bond||Grand Rapids Talent Agency Bond|
|Grand Rapids Fidelity Bond||Grand Rapids DMV Driving School Bond|
|Grand Rapids Appeal Bond||Grand Rapids Medicaid Provider Bond|
|Grand Rapids Supply Bond||Grand Rapids Bid Bond|
|Grand Rapids Guardianship Bond||Grand Rapids Pawnbroker Bond|
|Grand Rapids Labor Bond||Grand Rapids Home Health Care Bond|
|Grand Rapids Release of Lien Bond||Grand Rapids Travel Agency Bond|
|Grand Rapids Business Service Bond||Grand Rapids Contractor’s License Bond|
|Grand Rapids Lost Instrument Bond||Grand Rapids Supersedeas Bond|
|Grand Rapids Public Official Bond||Grand Rapids Emissions Station Bond|
|Grand Rapids Cost Bond||Grand Rapids Notary Bond|
|Grand Rapids Performance Bond||Grand Rapids Used Car Dealer Bond|
|Grand Rapids Replevin Bond||Grand Rapids Promoter Bond|
|Grand Rapids Sales Tax Bond||Grand Rapids Lottery Bond|
|Grand Rapids Auto Dealer Bond||Grand Rapids Collection Agency Bond|
|Grand Rapids Lost Title Bond||Grand Rapids Pharmacy Wholesaler Bond|
|Grand Rapids Process Server Bond||Grand Rapids Warranty Bond|
|Grand Rapids Honesty Bond||Grand Rapids Payment Bond|
|Grand Rapids Credit Services Organization Bond||Grand Rapids Title Agency Bond|
|Grand Rapids Third Party Administrator Bond||Grand Rapids ERISA Bond|
|Grand Rapids Credit Repair Bonds||Grand Rapids Freight Broker Bond - BMC-84|
|Grand Rapids Subdivision Bond||Grand Rapids Mortgage Lender Bond|
|Grand Rapids Utility Bond||Grand Rapids Garage Bond|
|Grand Rapids Executor Bond||Grand Rapids DMEPOS (Medicare) Bond|
|Grand Rapids Telemarketer Bond||Grand Rapids Injunction Bond|
|Grand Rapids Appraisal Company Bond||Grand Rapids Race & Sports Book Bond|
|Grand Rapids Mortgage Broker Bond||Grand Rapids Auctioneer Bond|
|Grand Rapids Off Site Improvement Bond||Grand Rapids Health Club Bond|
|Grand Rapids Material Bond||Grand Rapids Insurance Broker Bond|
|Grand Rapids Janitorial Service Bond||Grand Rapids Employee Theft Bond|
|Grand Rapids Non Resident Cost Bond||Grand Rapids Sheriffs Indemnity Bond|
|Grand Rapids Lost Deed Bond|