CallPro Surety Bondtoday for some of the most competitive prices 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.Learn more about surety bonds by calling800-314-7003.Is there any reason to wait?Call the Fort Myers Surety Bond Pros at800-314-7003!
Pro Surety Bond: One Of The Most Accomplished Fort Myers Surety Bond Provider
Call800-314-7003!What is a surety bond? A surety bond is a way of putting up your own money to bolster a commitment you have made. A simple analogy for understanding surety bonds is by thinking of them as security deposits. Utilities and landlords demand security deposits to cover the THEM in the event they have incurred damages that you have made. Similarly, if you need a business license, the government licensing board makes you promise that you will obey the regulations of your industry or a claim can be made against the bond. The government however does not accept deposits, but they will accept a guarantee made by a major financial institution, and that would include surety companies. Surety companies essentially function as the keepers the security deposit, except when you buy a surety bond you are “renting” the company’s financial reputation to make sure that any valid claim made against your bond will be paid, usually in the form of a short term loan. The bond purchaser doesn’t usually have to put up much of his own money for the bond though. Pro Surety Bond has over 25 years of combined industry experience, so let us show you why our clients like us. Call us even of you are apprehensive about how much a bond will cost. We have a great many programs for all needs, even poor credit.Call800-314-7003!
Bidding Opportunities in Fort Myers
If you are bidding on public projects for the City of Fort Myers 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.
Fort Myers is a city in Lee County and it is the 34th most populous city in the state of Florida. Fort Myers started out as you might have guessed: a fort, along the Caloosahatchee River to be exact, erected in the service of the Seminole War effort. The community was founded by Captain Manuel A Gonzalez in 1866, who was familiar with the area through his war suppling duties. After the Civil War he and his family moved here and used his know-how in the service of building an outpost, and eventually a city grew up around it. For the record, the city was named after Colonel Abraham Myers, who served in the US Army in the Mexican American War and in the American Civil War on the Confederate side.
Fort Myers offers many incentive programs and redevelopment programs designed to enhance the desirability of the city through good jobs and capital investments, many of which are in conjunction with Lee County. Fort Myers and Lee County offer the Lee County Job Opportunity Program Guidelines which is designed to bring high value jobs to the county through job incentives that meet certain wage and industry criteria. Each application is examined and accepted on a case by case basis. Call the Fort Myers Surety Bond Pros Today at800-314-7003!
Explain surety bond underwriting to me. The essence of the surety bond is its function as a guarantee for the obligee, the party that needs protection from the principal, the party that buys the bond; and in this status of guarantor the surety company wants to lower its risk as close to zero as possible. For that reason, when the surety underwriter examines an application, it looks at the applicant’s reputation and character, which includes creditworthiness among other things depending on the bond.
Fort Myers Surety Bonds at Some of the Best Rates the Market Has
Keep in mind that if a claim is made against the bond, the surety is obligated to make sure the claim is paid, but in reality it only offers what amounts to a short term loan, because as soon as the claim is paid, the surety may legally recoup its losses in court. This is why when you are applying for a bond, the underwriter will look at our assets, debts, working capital and credit line. Depending on how much the bond is and the size of the project, the underwriter may also examine the company’s executive structure with regard to the length of employment and business experience.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Fort Myers, FL Surety Bonds
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.