Our bond representatives at Pro Surety Bond are trained to turn up some of the best premiums the industry has to offer. 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. As soon as you get to the phone to call 800-314-7003 You’ll realize why our clients love us. Our great rates and professional customer service will make your day. Call the Mount Vernon Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds impose a financial obligation of a party to an agreement. If you own a business that uses large amounts of electricity, like a factory, the utility wants a guarantee that it will be paid back. In most cases a surety bond can be used, because the surety has the financial strength to pay any claim that is up to the amount of coverage of the bond. The paid claim amounts to a short-term loan which the factory or business can pay back afterward. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are sure you won't be able to get a surety bond at a good price with a poor credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Mount Vernon 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.
12000 Government Center Pkwy, Fairfax, VA 22035
Phone: (703) 324-3201
Mount Vernon is a census-designated place in Fairfax County and it is the 101st most populous in the Commonwealth of Virginia. Mount Vernon the CDP gets its name from the Mount Vernon plantation owned by George Washington, though the term is also used widely to describe the entire unincorporated area between Old Town Alexandria and Fort Belvoir. In 2010 the United States Census redefined the portion of Mount Vernon north of U.S. Route 1 as being a distinct CPP, namely Woodlawn. This gesture reduced the area of Mount Vernon by about one-third and its population by about one-half.
What are some of the newer ways that surety bonds are being used? One if the interesting trends in surety bonds in recent years has been the increased use of surety bonds where security deposits were used. We see this in utility bonds, which are bought generally by high usage commercial entities and they cover public utilities against default on the electric bill. You used to have to put up three months to cover yourself, and that’s a pretty penny for a business that needs as much working capital as possible. The utility bond fits the bill well here. Call the Mount Vernon Surety Bond Pros Today at 800-314-7003!
Other uses of surety bonds where security deposits used to be used include lease payments. Companies that lease large amounts of space need to secure themselves against default on the rent, and many landlords required collateral to guarantee that they would be paid. These days surety companies are increasingly agreeing to take on commitments like these, which allows companies to keep large amounts of capital they need to run their businesses.
What are judicial bonds? Judicial bonds are a category of surety bond that guarantees in most cases either that a party will be reimbursed for the costs of being sued, or they back up someone from fiduciary irresponsibility on the part of a trustee or similar party. Examples of the former include appeal bonds and injunctions bonds with protect defendants in a tort trial against losses that may be incurred in the course of an appeal or injunction respectively. Examples of the latter include guardian bonds, trustee bonds or probate bonds. Give us a call at 800-314-7003
6821 Richmond Hwy, Alexandria, VA 22306
Phone: (703) 360-6925There 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.