When it comes to surety bonds, explore your options withPro 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.Call800-314-7003to ask our agents questions.You don’t want to waste any more time.Call the Freeport Surety Bond Pros at800-314-7003!
Our Customer Service Is Without Peer For Freeport Our Customer Service Is without Peer for Surety Bonds
Call800-314-7003!What is a surety bond? A surety bond is a way of “buying” professional reputation. It sound worse than it is, so here’s an example. If someone wants a business license, they must commit to obeying the regulations or their industry, and that means having to guarantee it too. But most people don’t have the financial reputation back up their own word, so they have to go to a surety company that does. The surety in turn promises the government that it will make sure any claim is paid through a short term loan to the business. Pro Surety Bond has over 25 years of combined industry experience, so what’s a little more? Give us a call even with bad credit. We have a package for almost everyone.Call800-314-7003!
Bidding Opportunities in Freeport
If you are bidding on public projects for the City of Freeport 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.
Freeport is a city in Brazoria county and it is the 189th most populous city in the state of Texas. The city was founded in 1812 by the Freeport Sulphur Company, a mining interest, and grew to over 4000 by the beginning of World War II. Economic growth came with the construction of the Dow Chemical Company facilities in 1939, and it remains the city’s biggest employer. It is additionally the company’s single largest facility. Today Freeport is known for its beaches, fishing, boating, or any other sea related activity.
The quality of life here is just about a good as it can get. One of the most popular activities in the city is fishing, for both residents and visitors. Some prefer to do offshore deep sea style, and some are happy to just throw a line offthe side of the pier. Either way you’ll find company. Freeport is the home of Bryan Beach, about three miles of natural beach, secure and well maintained by the city. You can lie on the beach or get more involved with jet skis and wind surfing. Boating is popular here as you might expect. It’s only a short distance away from the Gulf of Mexico and it’s all convenient. Call the Freeport Surety Bond Pros Today at800-314-7003!
What is the connection between my credit score and my bond prices? Credit history significantly affects your bond limits and prices. Since sureties offer coverage in the form of a short term loan, they want you to have good credit like any other lender would. Remember that the surety is taking on all your responsibility for potential claims to the party requesting the bond (not you). The surety will make sure the government gets its money, but they will be loaning you the money and you will have to pay the surety back, so yes, you do need good credit.
Freeport Surety Bonds for Those Who Deserve the Best Service
What constitutes good credit when applying for a surety bond? As a rule you will need at least good credit, which is considered a score of 675 or above. There are other factors however, like delinquent payments, tax liens, court judgements and bankruptcies, and having a complete absence of these will go a long way. One other factor is financial equity. Surety underwriters look for those parties who have equity amounting to five times amount of coverage. So if you need $100,000 in coverage you will need equity totaling $500,000.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Freeport, 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.