Pro Surety Bond won't rest until we find the surety bond underwriting you need. 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. We’d love you to call 800-314-7003 right now. They are highly trained and highly regarded in the industry. Call the Kelso Surety Bond Pros at 800-314-7003!
Kelso Surety Bonds In One Day
Call 800-314-7003! What is a surety bond? Surety bonds are a kind of artificial/quick fix way of allowing people to trust you to respect the public and observe the regulations that govern your industry. Let’s say you are a produce dealer. There are regulations that govern the temperature that your product must be stored at, among many others things. But can the government doesn’t know you from Adam, and can’t rightfully be expected to take you at your word, so they require you to take out a surety bond to beef up your commitment to uphold the regulations. You buy the bond from the surety producer, which covers the government in the unlikely event of a default, and in turn the surety company puts regulator’s fears at rest by assuring it that the surety will back you up. Remember of course that to keep surety bonds cheap, the purchaser remains liable for the amount. Pro Surety Bond has over 25, years of combined industry experience, working for you day in day out, regardless of your credit. Call 800-314-7003!
Bidding Opportunities in Kelso
If you are bidding on public projects for the City of Kelso 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.
Kelso, Washington is a city founded along the banks of the Cowlitz River, and got its name after the surveyor who named the town after his Scottish home. Kelso was originally nicknamed “Little Chicago” because in its earliest days it sheltered many a brothel and tavern, establishments that were associated with Chicago at the time. The nickname fell away, but it was not until the 1950 that there was an attempt to do something about the city’s reputation for fighting, gambling, drinking and carousing. Today Kelso is a sleepy little town that has many of the things that make people like Washington: hiking, bicycling, boating, fishing, etc.
Kelso’s comprehensive development plan was created to get residents thinking about what kind of city they want in the next 20 years. Amenities include parks and recreation, coordination with the county to develop trails, a water system master plan, a sewer plan and a six year capital improvement plan. The plan is updated periodically but it gives you an idea about what things will look like. Kelso hopes to capitalize on its proximity to Interstate 5, the west coast rails, and the Columbia River for development, and it already has a substantial manufacturing base. Call the Kelso Surety Bond Pros Today at 800-314-7003!
How can I keep my surety bond premiums low? Well, having a good credit score is one of the big things a surety looks at when determining your rates, because credit checks tell a lot about a person. However it’s good if you take a little time to do some cleanup on other things. For instance, make sure you take care of any tax liens, collections of civil judgements, because having those things on your back hinder your cash flow. It’s also good to make sure that your financial statements are strong and have been audited by an independent accounting party. Also make sure that your debtors pay you up before applying for a surety bond.
Get Great Premiums On Your Kelso Surety Bond
What is the difference between letters of credit and surety bonds? They actually behave pretty much the same way: someone needs a way of being covered in the event that someone else defaults on an obligation, but letters of credit and surety bonds approach the problem differently. In order to receive a letter of credit you will have to advance an indemnity or some way of securing the credit needed to pay a claim. In other words, you are sort of taking out a loan beforehand. With a surety company, the surety will do a background check to assess your risk-worthiness, and if it find that you are a good risk, the surety will take on your risk for the price of the bond, and the reimbursement of the funds in the unlikely event of a claim. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Kelso, WA
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.