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Lima, OH Surety Bonds

Lima Surety Bond

Why wait to call Pro Surety Bond for 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. Simply calling 800-314-7003 will get you speaking with a representative who would love to help you. Speak to someone who knows the industry. Call the Lima Surety Bond Pros at 800-314-7003!

Lake Lima Surety Bond Quotes On The Same Business Day

Call 800-314-7003! What are surety bonds? A surety bond is a guarantee for some work completed or obligation met. With a surety bond, it's the surety company that provides the guarantee. Say for instance that you need a business license. The government wants a surety bond from you to guarantee that you will obey the regulations of your industry. You could put up a deposit, but that's a lot of money that would hurt your credit. The surety knows that most people won't default on these sorts of obligations, at least if their credit is good, so it is willing to guarantee any valid claim, for a small fee or course. Since only a guarantee is being made, the surety will need to be paid for the claim, but that shouldn’t be a problem if you have good credit. Pro Surety Bond has over 25 years of combined industry experience, so call us even if you think bad credit means bad news for surety bond applicants. Call 800-314-7003!

Bidding Opportunities in Lima

If you are bidding on public projects for the City of Lima 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 Lima

50 Town Square Lima, OH 45801

Phone: (419) 228 (5462)

Map to Finance Department

The Bean

Lima is a city in Allen County and it is the 31st most populous city in the State of Ohio. In case you were wondering, Lima was in fact named after the more famous Lima in Peru, and it was in recognition of its abundance of quinine, which was heavily used in the area for treating malaria. It was one of the first places in Ohio to industrialize, thus leading the way for one of the things that Ohio would be known for. Today Lima is known for the Lima Army Tank Plant which opened in 1941 and is the sole producer of the M1 Abrams tank.

Lima offers a host of economic incentives for businesses locating in their city. One is Community Reinvestment Area, which consists of six separate areas in the state that provide property tax exemptions and promote investment and strategic development for commercial and industrial projects. Since property taxes affect many important functions, especially schools, only carefully evaluated applications vetted to determine the amount of investment compared to the community benefits will be considered for the program.  Call the Lima Surety Bond Pros Today at 800-314-7003!

Creating and maintaining a sustainable and thriving economy is one of the things a city government has to take care of. A dynamic and diverse economy allows city planners to project into the future with a reasonable amount of certainty that the economy will hold out, and economic planning is part of a region or state's responsibility, so it's important that all levels of government work together with one strategy and each community playing its role.

There’s No Reason To Choose Any One Else For Your Lima Surety Bond

What are the differences in protection between surety bonds and insurance? When it comes to insurance, a policy holder pays his premiums and the insurer assumes his risk loss or damages. With surety bonds the coverage is really just a guarantee against default on the part of the bond purchaser, and the covered party is not the bond purchaser, but the one that requested the bond. Sureties as a rule only issue bonds to those parties that are unlikely to have a claim, and they determine this with a credit check. The catch is that the party that bought the bond remains liable for claims, and this is how surety bond prices are kept low. Give us a call at 800-314-7003

Related Links:

Lima Municipal Page 
50 Public Square, Lima, OH 45801
Phone: (419)228(5462)  

Lima Chamber of Commerce

144 S Main St, Lima, OH 45801

Phone: (419) 222-6045

The Surety Bonds We See Most Commonly in Lima, OH

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.

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