LetPro Surety Bondput their skill to work finding you the best underwriting they can on your 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.Just pick up the phone and call800-314-7003For a fast and free quote.With our same day quotes you won't believe how quickly you can get your bond.Call the Benbrook Surety Bond Pros at800-314-7003!
The Customer Service Experience You’ll Receive For Your Benbrook Surety Bond Will Be Unparalleled
Call800-314-7003!What is a surety bond? A surety bond is a means of lending credence to your promise to fulfill some task. Let’s say you collect sales tax for the department of revenue. How can you get the government to trust you to make your deposits on time? We’d love it if they allowed you to swear on a stack of bibles, but realistically they need something a little more meaningful, so they make you take out a surety bond to cover them if you default on your promise. The surety company can back up your commitment through its own reputation, and in the unlikelihood of a default, the surety promises to make a short term loan to you pay the damages. Pro Surety Bond has over 25 years of combined industry experience, locking down great rates for all its clients, including those whose credit is not great. We have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Benbrook
If you are bidding on public projects for the City of Benbrook 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.
Benbrook is a city in Tarrant County and it is the 119th most populous city in Texas. Benbrook, one of the oldest towns in Tarrant County, was formed as part of Peters Colony, when William Peters was granted an area that today contains 26 counties if he could attract 250 families a year. The city was named after on James M. Benbrook, a Civil War veteran, who got the Texas & Pacific Railroad to place a station on the site of what is today the town, along the line that was being run west. The station came to be known as Benbrook Station, and the rest is history, as they say. Today Benbrook is a vital part of the Fort Worth area.
Benbrook has a number of financial incentives for enterprises that want a more business positive environment to locate their business. There is a half cent sales tax earmarked for economic development specifically and it funds projects that will grow economic activity. The money may be used for any aspect of business need, including land, buildings, equipment, facilities and infrastructure. There are also retail tax rebates that are evaluated individually to determine if the rebate will improve the economic base of the city. Call the Benbrook Surety Bond Pros Today at800-314-7003!
Does the Small Business Administration offer a bond guarantee program for those in the construction industry? Yes it does. To be eligible, you need to be classified as a small business, and they have a tool for determining whether or not your company counts as small; you must not be able to be bonded without SBA backing; the contract size must not be greater than $6.5 million, though if you receive SBA guarantees the contract can be no greater than $10 million; you must satisfy certain credit criteria; the project in question must not be too risky; and the contract must require a bond;
Call Pro Surety Bond For The One Of The Best Customer Service Experiences For Your Benbrook Surety Bond Needs
What is the difference between surety bonds and letters of credit? A letter of credit is a promise made by a bank to provide money to one deal party if the other defaults on an obligation. That money is secured by the bank from the applicant, who must provide proof that he can back up the letter or credit. This sounds like a surety bond, but it’s not. With a surety bond the surety company assumes the risk for the bond purchaser, and this is not the case with the bank that writes the letter of credit. The bank simply pays a determined amount when the party claiming default produces some basic paperwork.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Benbrook, 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.