When you need a surety bond, make sure you call 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. Don't hesitate to call us at 800-314-7003 so we can get busy finding that rate for you. It's part of our job to make things easier for you. Call the Portsmouth Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond enforces a responsibility, either to do something or not do something. If you are a pawnbroker, you agreed to not engage in dishonest commercial practices as a condition for being licensed, and the government requires a surety bond or some other security to “encourage” you to stay on the straight and narrow. You could put up a security deposit, but that would affect your working capital, so it’s good that the government accepts surety bonds as a substitute. When you buy a surety bond, the surety promises the government that it will pay any valid claim to meet the bond purchaser’s agreement, and it promises the bond purchaser that it will do the same for them, with the added requirement that the bond purchaser will pay the surety back. This is how they keep surety bonds inexpensive, by making everyone liable for their own defaults. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are worried you can’t be bonded for a reasonable price with a not so good credit history. Call 800-314-7003!
If you are bidding on public projects for the City of Portsmouth 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.
801 Crawford Street Portsmouth, VA 23704-3822
Portsmouth is an independent city and it is the 9th most populous city in the Commonwealth of Virginia. Portsmouth is located directly across the Elizabeth River from Norfolk, and was named after the city in England by the Virginia General Assembly. Portsmouth is the home of the Norfolk Naval Shipyard, or Norfolk Navy Yard for short (even though none of it is in Norfolk), and it is one of the oldest active US Naval facilities in operation.
Portsmouth in partnership with the Commonwealth of Virginia offer a number of incentive programs and small business resources that were created to assist every business in the area to prosper and make the Portsmouth community greater than it already is. There is the Virginia Business One Stop, a program with will guide you through the entire process of getting a business license. Guidance offered is dealing with forms, Federal and state tax registration, business licensing and minority business certification. Call the Portsmouth Surety Bond Pros Today at 800-314-7003!
Other programs that help Portsmouth business make the best of it include the Virginia Small Business Financing Authority, which works in conjunction with the city of Portsmouth to help banks make loans to businesses that are essentially stable financially, but because of circumstances out of their control, cannot get the loans they need. It works especially well if the bank needs additional collateral or requires a co-sign.
Can I be bonded with poor credit? Yes, it’s possible, but there may be a few extra things you need to do. If your credit score is below 650, you fall within the poor credit market, and you probably won’t be able to get a bond through the regular channels. However there is a thriving bond market for sub-standard credit, and that’s good news for you. Depending on the amount of coverage you need, you may need to put up some collateral. You may also have to pay more for your bond. Give us a call at 800-314-7003
500 E Main St #700, Norfolk, VA 23510Phone: (757) 622-2312
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.
|Portsmouth Contractor’s License Bond||Portsmouth Fidelity Bond|
|Portsmouth Employee Theft Bond||Portsmouth Insurance Broker Bond|
|Portsmouth Used Car Dealer Bond||Portsmouth DMEPOS (Medicare) Bond|
|Portsmouth Janitorial Service Bond||Portsmouth Sales Tax Bond|
|Portsmouth Notary Bond||Portsmouth Non Resident Cost Bond|
|Portsmouth Pawnbroker Bond||Portsmouth Bid Bond|
|Portsmouth Guardianship Bond||Portsmouth Utility Bond|
|Portsmouth Emissions Station Bond||Portsmouth Promoter Bond|
|Portsmouth Business Service Bond||Portsmouth Collection Agency Bond|
|Portsmouth Appraisal Company Bond||Portsmouth Sheriffs Indemnity Bond|
|Portsmouth Subdivision Bond||Portsmouth Home Health Care Bond|
|Portsmouth ERISA Bond||Portsmouth Talent Agency Bond|
|Portsmouth Health Club Bond||Portsmouth Medicaid Provider Bond|
|Portsmouth Credit Repair Bonds||Portsmouth Mortgage Lender Bond|
|Portsmouth Lost Instrument Bond||Portsmouth Executor Bond|
|Portsmouth Title Agency Bond||Portsmouth Lottery Bond|
|Portsmouth Replevin Bond||Portsmouth Auto Dealer Bond|
|Portsmouth Travel Agency Bond||Portsmouth Credit Services Organization Bond|
|Portsmouth Supersedeas Bond||Portsmouth Lost Title Bond|
|Portsmouth Cost Bond||Portsmouth Auctioneer Bond|
|Portsmouth Material Bond||Portsmouth DMV Driving School Bond|
|Portsmouth Third Party Administrator Bond||Portsmouth Off Site Improvement Bond|
|Portsmouth Warranty Bond||Portsmouth Race & Sports Book Bond|
|Portsmouth Process Server Bond||Portsmouth Public Official Bond|
|Portsmouth Release of Lien Bond||Portsmouth Pharmacy Wholesaler Bond|
|Portsmouth Supply Bond||Portsmouth Labor Bond|
|Portsmouth Mortgage Broker Bond||Portsmouth Honesty Bond|
|Portsmouth Lost Deed Bond||Portsmouth Telemarketer Bond|
|Portsmouth Freight Broker Bond - BMC-84||Portsmouth Garage Bond|
|Portsmouth Wage and Welfare Bond||Portsmouth Payment Bond|
|Portsmouth Performance Bond||Portsmouth Appeal Bond|
|Portsmouth Injunction Bond|