Call Pro Surety Bond now for quick and convenient bond quotes. 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. So just pick up the phone and call 800-314-7003 so we can do our magic. We can tell you whatever you need to know. Call the Cheney Surety Bond Pros at 800-314-7003!
We Can Tell You Whatever You Need To Know.
Call 800-314-7003! What is a surety bond? A surety bond is, in effect, a temporary loan that a surety company might make for you in order to guarantee a commitment on your part to another party. The “other” party is commonly a governmental licensing body, which wants a vow from you that you will dispatch the regulations of your industry dutifully. So they require you to purchase a bond from a bond producer, and in turn the surety assures regulators that they will be covered in the unlikely event of default, and if their claim is valid. Pro Surety Bonds has over 25 years of combined industry experience, unearthing the most affordably priced premiums it can find in its network of underwriters, and we can do it for you too, even if your credit isn’t great. We have a program for almost everyone. Call 800-314-7003!
Bidding Opportunities in Cheney
If you are bidding on public projects for the City of Cheney 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.
Cheney, Washington is a thriving city near Spokane with a business friendly climate to complement the family friendly climate. It has a proud small town quality of life, and education is the foundation residents believe. Cheney is the home of Eastern Washington University and the quality reaches all the way down to the Kindergarten level. Residents say that the city is “just right” in terms of population, crime and a number of other scales. And if you really get bored, there is always Spokane, of which Cheney is considered a bedroom community.
When Cheney says it is business friendly, it means business. The city of Cheney has no business taxes, not occupation taxes and competitively priced utilities. There are over two hundred businesses located here, not too bad for a place with only about 10000 residents. Officials are trying to push the economy into the 21st century by pushing high tech industries, and they are making it enticing by having made the city fiber optic equipped, with bigger plans to expand it. It is hoped that eventually every business in Cheney will have high speed internet access to make them all the more competitive. Call the Cheney Surety Bond Pros Today at 800-314-7003!
What wrong with surety bond alternatives? Well, the most obvious is handing over your most liquid assets for collateral. This will save on surety bond costs of course, but at what other cost? Do you really want to do that? If you back up yourself with your own money, then you will reduce your capital, and that means a lower credit rating. It also means handing over your money without any recourse except the courts if the other party decides arbitrarily that you are in default. Finally, don’t forget that decreased capital and assets can raise the risk of bankruptcy.
Pro Surety Bond Is Your Cheney Surety Bond Resource
What types of surety bonds are there? There are a surprisingly large number of surety bond applications, most of which the public are oblivious to. For instance, did you know that public officials need to be bonded as a guarantee to the taxpayers that they will follow the law and faithfully perform their duties? This however does not mean that they are required to be honest, that’s what dishonesty bonds are for. An official may be dishonest and still perform their duties faithfully and vice versa. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Cheney, WA
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.