Why not call Pro Surety Bond before you buy 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. Speak with capable surety counselors when you call 800-314-7003 . Great service is all in a day's work for us! Call the Orion Township Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond financially protects someone when another party does not live up to its side of a contractual agreement. If you run a surplus lines agency you are essentially a broker, and therefore handling the money of others as a middlemen. To guarantee that you manage those funds responsibly, the regulators of your industry require you to take out a surety bond or some sort of security to cover any parties for funds lost. It’s legal to put up your own money, but many have come to surety bonds because for pennies on the dollar you can get thousands—sometimes millions—of dollars of coverage, all without any marks against your balance sheets. Sureties offer surety bonds only (usually) if your financial strength is sound, something which makes you a good risk. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think you can’t be bonded with poor credit. Call 800-314-7003!
If you are bidding on public projects for the City of Orion 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.
353 N. 120th Avenue Holland MI 4942
Phone: (248) 693-9748
Orion Township is a community in Oakland County and it is the 48th most populous in the state of Michigan. Orion has in recent years instituted Industrial Facilities Exemption Certificates, which consist of industrial tax abatements designed to encourage qualifying enterprise to make capital investments in the community. Special emphasis is on new facilities, expanding or renovating facilities, and purchasing new equipment and machinery.
What are the surety’s responsibility to me, and what are my responsibilities to the surety? When you buy a surety bond, the surety agrees to 1. investigate any claim made against your bond, and 2. Advance you the credit needed to pay the claim if it finds the claim valid. Your agreement with the surety states that you will reimburse the surety for any claims paid. Furthermore, you legally agree to cooperate with the surety in the fullest ways possible so that the surety can recoup its loses. Call the Orion Township Surety Bond Pros Today at 800-314-7003!
What are commercial surety bonds? Commercial surety bonds, or just commercial bonds, are bonds that fulfill a number of purposes, all of them commercial in one respect or another. The most common function of commercial bonds is actually psychological: to “encourage” you to follow the rules and regulations of the industry your business is in. You already know that you can be fined, but when you also know there is a surety bond in place, and when you know that the surety has to pay any valid claim no screwing around, you might find yourself more “inclined” to avoid claims. It’s human nature, that’s all, and it’s part of what makes surety bonds work.
Within the category of commercial bonds, you find a number of functions. Some bonds assure that businesses that do “broker things” ie transfer the goods and money of others, continue to do those things in good faith and according to best business practices. Examples would be: tax bonds, which guarantee that a retail business that handles sales or other taxes collected in the course of doing business, will deliver those funds on time; and insurance bonds which guarantee that policy premiums collected by an agency make it to the insurer; Give us a call at 800-314-7003.
46 W Shadbolt St, Lake Orion, MI 48362
Phone: (248) 693-6300There 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.