Be sure you get the best premiums on your next surety bond by calling 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. Why not just call 800-314-7003 right now? Our representatives can inform you on the best bond choice. Call the Bedford Surety Bond Pros at 800-314-7003!
The Most Knowledgeable Bedford Surety Bond Professionals Are at Pro Surety Bond
Call 800-314-7003! What is a surety bond? A surety bond is essentially a third party guarantee. Think of it like a guarantee on a consumer good. Consumer goods have guarantees, some are according to law but mostly they are customary. What if a manufacturer told you that all their products were not legally binding upon some imaginary third party? The fact that it’s legally binding would make that deal difficult to pass up. Surety bonds do pretty much the same thing. If you are in business, your industry almost certainly has regulations, and regulators require that you buy a bond to back up your verbal agreement to adhere to those regulators. Pro Surety Bonds has over 25 years of combined industry experience, and we’re here to demonstrate it to you. Even if your credit isn’t great, we have package for almost everyone. Call 800-314-7003!
Bidding Opportunities in Bedford
If you are bidding on public projects for the City of Bedford 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.
Bedford is a city in Tarrant County and is the 67th most populous city in the State of Texas. The site that would become Bedford was first settled in the 1840s, mostly because of its convenient location between Fort Worth and Grapevine. The settlement began to seriously develop in the 1870s after one Weldon Bobo, from Bedford County Tennessee, opened a general store and a gristmill for the farmers. Things continued to go well until about 1900, when the railroad decided that it would bypass Bedford, and transportation officials did the same with Highway 80. World War II was a reprieve, as Bedford and surrounding areas became part of the war effort manufacturing sector. Today is part of the so-called Mid-Cities between Dallas and Fort Worth.
Bedford officials want to improve the quality of life for its residents through the creation of sustainable private sector jobs, through retaining current enterprises, encouraging capital investment from outsider supporters and attracting more large scale operations to relocate here. To achieve this, Bedford cooperates with private sector interests and the HEB chamber of commerce. Top employers today include Texas Health Resources Hurst-Euless-Bedford with about 1600 employees, Carter BloodCare with about 1100 employers and Walmart with about 500 employees. Call the Bedford Surety Bond Pros Today at 800-314-7003!
What kinds of information do surety underwriters want from me? For most surety bonds like license and permit bonds, a simple credit check will suffice, but if you are in an industry in which bonds play in integral role—like the construction industry—you will need a little more. You should have a CPA have who specializes in the construction industry to prepare your financial statements which is only natural: he would know better which materials to submit.
Bedford Surety Bonds for You
How are bond prices established? A large percentage of surety bond rates are based on personal credit score, but while credit score gives underwriters a fairly good idea as to the risk worthiness of the applicant, it does not give the full picture. If you are in the construction industry, underwriters will want more information. For instance, underwriters may ask for personal financial statements, the financials of your business, how much liquid cash you have available, and even industry experience. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Bedford, TX
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.