For impeccable customer service, callPro 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 just call800-314-7003and find out how great our rates are?Quotes are free and no obligationCall the Greenville Surety Bond Pros at800-314-7003!
Lock Down That Greenville Surety Bond Quote Today
Call800-314-7003!What is a surety bond? A surety bond is a type of promise guarantee. Let’s say you own money transfer service. There are numerous regulations that dictate how you handle funds, and when you are licensed to do business, you have made a promise to follow those regulations. But it’s understandable that the government would like a guarantee to back up your word, and so they make you take out a surety bond to cover them. The government asks for the bond, the business owner buys the bond and the surety promises, on its own reputation, that in the rare event of a default on the part of the business owner, the surety will loan the business owner the money to cover the default. Pro Surety Bond has over 25 years of combined industry experience,Call800-314-7003!
Bidding Opportunities in Greenville
If you are bidding on public projects for the City of Greenville 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.
Greenville is a city in North Texas and it is the 105th most populous city in the State of Texas. The city got its name from one Thomas Green, who was a general in the Texas Army during the war of independence from Mexico, and was also a major figure in the creation of the Republic of Texas. In its early days, Greenville was a major cotton producer, and Hunt County was known as the Cotton Capital of the World. These days Greenville is known as a satellite city, about 45 miles from Dallas.
The Greenville Board of Development was established in 1941 to encourage industrial growth in the city. It’s chief aim is to help business enterprises in their relocation efforts and assisting currently established businesses to expand. Economic development is paid for by a 1.8 of one percent tax, which is dedicated to promote new industry, and maximize retention of currently industries. It is through these aims that the city hopes to create primary jobs, meaning jobs that create things meant for export to other states or countries, and thus bring in more money to the city. Call the Greenville Surety Bond Pros Today at800-314-7003!
What should I know when submitting an application for surety underwriting? Remember that surety bonds are not like regular liability insurance, though sureties are regulated by the insurance commissioner in almost all states. What you are applying for when applying for a surety bond is credit. If there is a default on your surety bond the surety will cover it, but only in the short run because you still have to compensate the surety. When you get regular liability insurance, they look at you history of claims, your age or many other factors, but not your creditworthiness.
Same Day Greenville Surety Bond Quotes
Since the surety is offering you credit, the bulk of the research done on you is related to your creditworthiness. In most industries a simple credit check of the applicant suffices, but in the “Big Bond” industries like construction, things can be a little more involved. Underwriting for a construction company or a project requires a lot of financial data, including three years of financial statements, financial statements of current owners, credit line, etc, all things which help the surety get a sense of the Big Picture with regard to your creditworthiness,Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Greenville, 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.