Cibolo, TX Surety Bonds

Where do you go when you need a surety bond? 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. Get your phone and call 800-314-7003 for an incredible fast and free bond quote. You’ll discover for yourself why out clients come back year after year. Call the Cibolo Surety Bond Pros at 800-314-7003!

Get Your Cibolo Surety Bond Requirements Filled Immediately.

Call 800-314-7003! What is a surety bond? A surety bond is a way of having another party to uphold a commitment a business has made to obey the regulations of its industry. If someone wants a business license, he can only get one with the stipulation that he will submit to the regulations that govern his industry. The government, to impress on the business owner that this stipulation is not optional, requires him to take out a surety bond because only a surety company has the financial standing and dependability to back the commitment. The surety in turn make its own commitment to the government that if a claim is made against the bond, the surety will make sure that that the commitment is secure by loaning the business the money to cover the claim, if it is valid. Pro Surety Bond has over 25 years of combined industry experience, so we have no doubts we can do a great job for you. Call us even if your credit is not great, because we have a program for almost everyone. Call 800-314-7003!

Bidding Opportunities in Cibolo

If you are bidding on public projects for the City of Cibolo 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.

Click Here for Bidding Opportunities for the City of Cibolo

200 S. Main St.

Cibolo, TX 78108

Phone: 210-658-9900

Map to Finance Department

City Of Choice

Cibolo is a city in Guadalupe County and it is the 159th most populous city in the state of Texas. The very first settlers on the site that would become Cibolo were the Comanche Indians, who named the city after the buffalo that were a large part of their lives. A white community was established after the Southern Pacific Railroad, on its way to Houston and San Antonio, went straight through the area. Today Cibolo is an important part of the San Antonio-New Braunfels metropolitan statistical area.

Cibolo is a new city comparted to most, being incorporated only in 1965, but it is a vibrant and burgeoning city that rests only about 25 miles northeast of San Antonio, and 60 miles southwest of Austin. Cibolo is an important stop on what is called the NAFTA Superhighway that runs from Canada to Mexico, i.e. Interstate 35. The population of Cibolo has exploded, relatively speaking, in the recent 15 years or so, going from 3000 in 2000 to over 25,000 in 2014. The growth has kind of put Cibolo on the map by drawing attention of the likes of CNN Money Magazine, which recognized the city as one of the Top 100 Best Places to Live, and 10th in Movoto.com’s 10 Most Affordable Suburbs in America.  Call the Cibolo Surety Bond Pros Today at 800-314-7003!

I am in the construction business and was wondering if there were any alternatives to surety bonds? Yes and no. You can always put up lots of your own cash. Anyone will take that to back up a project, but it will truly hurt the credit lines you need to do day to day business. There are also letters of credit, but they suffer from some of the same problems. One problem with the letter of credit is that it does not do any checking up on the validity of a claim. The beneficiary of a letter of credit may, according to his desire, go directly to the bank and demand payment, provided that he submits the requisite paperwork. When a claim is made against the bond, the surety investigates the claim to verify its validity. This is not to say that the surety is your representative, but that it is in the surety’s best interest to make sure that claims be fair and justified.

The Benefits Of A Cibolo Surety Bond

Other reasons letters of credit are not usually preferable to surety bonding include the fact that letters of credit can be tied up for a long time, sometimes to the tune or one or two years, before it is released to the beneficiary. This is particularly true if there are issues of warranties or maintenance related to a project. One really big reason to choose surety bonds over letters of credit is that letters of credit require, well, credit, and a letter or credit can tie up that credit. Since surety bonds are issued according to the assumption that a claim will probably never need to be paid, surety bond do not appear on financial statements. Give us a call at 800-314-7003

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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.