What reason can anyone think of to not 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. Pick up the phone and dial 800-314-7003 to get your bond. Pro Surety Bond Your Best Option For All Thousand Oaks Surety Bond Needs. Call the Lyndhurst Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond is a guarantee, but one backed by a third party. Let’s say you own a janitorial business, and you send your employees to another site to work. You can buy a fidelity bond to cover your customer in case one of your workers steals from your client. You might buy a surety bond as a way of telling your clients that you are willing to take concrete steps to ensure their security. Sureties will take on the responsibility of paying a valid claim because they have the financial resources to do so. Remember that the surety only loans you the money for the claim, you still have to pay the surety back. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are apprehensive about being able to get a surety bond because of past credit. Call 800-314-7003!
If you are bidding on public projects for the City of Lyndhurst 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.
5301 Mayfield Rd, Lyndhurst, OH 44124
Phone: (440) 442-5777
Lyndhurst is a city in Cuyahoga County and it is the 125th most populous city in the state of Ohio. Lyndhurst started out as part of the Western Reserve, and most the people who lived on the site were Native American Indians. The earliest industry was farming but the city experienced a population boom in the 1950s and after as part of the flight from the blight of inner city Cleveland. Today Lyndhurst is known for being the hometown of singer/songwriter Eric Carmen.
What is a performance bond? A performance bond is a bond used on construction and it guarantees that the work done on the project is on time and up to code. One of the challenges project owners have is vetting potential subcontractors to determine how able they will be in getting the job done. This requires a lot of work actually, and that’s why they say that surety bonds pre-qualify businesses for construction projects. The surety’s vetting job is thorough and no project owner has to resources to do as good a job qualifying an applicant than a surety. Just being able to get a surety bond means you are capable. Call the Lyndhurst Surety Bond Pros Today at 800-314-7003!
I own a construction company. Why is the surety interested in the capacity of my business? Before a surety can issue a bond, it has to know how much you are capable of doing. The surety looks at the amount of equipment the contractor has, as well as number of personnel the company has. Based on these factors the surety can put a number on the capacity for a given job, and for the capacity for the entire company .
What do sureties look at when someone applies for a performance bond? The surety will look at things like net worth, cash flow, accounts receivable, and jobs underway but not completed among other things. They will also examine the contractor’s credit history, and bank information. The surety needs to have a financial snapshot of the company and it can only do this with careful consideration of the company’s assets. It not only says how capable the company is, but the assets can be used if a claim is made against the bond. Give us a call at 800-314-7003
6001 Landerhaven Dr, Cleveland, OH 44124
Phone: (216) 556-4598There 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.