Now is the time to call Pro Surety Bond for your next 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 call 800-314-7003 immediately and speak to a bond counselor? You won't realize how easy it is until you call. Call the Corsicana Surety Bond Pros at 800-314-7003!
Corsicana Surety Bonds Are Convenient And Simple
Call 800-314-7003! What is a surety bond? A surety bond is a type of insurance, but whereas with regular liability insurance your premiums cover you, a surety bond covers the person who requested it. So if you own a retail business and collect sales tax for the department of revenue, the department needs coverage against a default on your part, however unlikely. The surety bond is that coverage: if there is a default on the bond, the surety company loans you the money to cover the government. From the government’s point of view the bond looks like liability insurance that you have bought for them, and from your point of view it looks like a short term loan from the surety. From the surety’s point of view, they see themselves as emergency lenders. Pro Surety Bond has over 25 years of combined industry experience, and we’re shooting for another 25 so give us a call. Poor credit applicants are welcome though not guaranteed, but we have a program for almost everyone. Call 800-314-7003!
Bidding Opportunities in Corsicana
If you are bidding on public projects for the City of Corsicana 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.
Corsicana is a city in Navarro County and it is the110th largest city in the state of Texas. Corsicana was founded in 1848, by Texas statesman Jose Antonio Navarro after the birthplace of his father, the Mediterranean island of Corsica. In 1894 the Corsicana oil field was discovered accidentally when water prospectors were drilling, making it the first commercially significant field in Texas. In 1923 another field was discovered a couple of miles away and yet another in 1956, pumping some life into the city. Today Corsicana is the county seat of Navarro County.
Corsicana is a business positive community about 50 miles from Dallas, to which it is connected by Interstate 45. The city has numerous transportation links to the region, the state, and ultimately the rest of the world: Dallas Fort Worth International Airport, Union Pacific Railroad, Burlington Northern Santa Fe Railroad and via interstate is the Port of Houston about 200 miles away. Corsicans is close enough to Dallas to afford a respectably sized and motivated workforce, but is far away enough to offer lower operating costs. And it’s not a bad place to raise a family. Call the Corsicana Surety Bond Pros Today at 800-314-7003!
Are there any alternatives to surety bonds for those of us in the construction industry? There are, if you’re willing for a few more headaches. There is the case of letters of credit, which is a way of providing security by essentially having a bank vouch for you. With a letter of credit, a bank agrees to pay a specified amount when the claimant provides some basic documentation. The bank performs no investigation and asks no questions, and the reasons for this are one of the things that kill letters of credit for many who need to secure an obligation.
Call Pro Surety Bond As Soon As You Know You Need A Corsicana Bond
One important problem with letters of credit is that they fall under a different body of law, and they are considered independent of other agreements. This means that the letter of credit does not take the larger building project and all of the documents related to those into question. This in turn means that the bank cannot question anything outside the agreement at hand, and the bank is thus forced to settle without investigating the matter. If you have a beef, we’ll see you in court. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Corsicana, 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.