Talk to the one of the top group of bond agents in the industry,Pro 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.It's really as simple as calling800-314-7003When you do, you'll understand why our clients come back year after year for their bond needs.Call the Little Elm Surety Bond Pros at800-314-7003!
Little Elm Surety Bonds for All the Busy Businesses
Call800-314-7003!What is a surety bond? A surety bond is a way of bolstering your reputation, by having a third party (the surety company) use their financial clout to back you up in case you cannot fulfill a commitment you have made. For instance, if you own a car dealership, you have made a commitment to do business honestly. But just in case, you need a surety bond to protect the public against any fraudulent activities on you part. (We know it’s not you!) The role the surety company plays in this is that they promise the government that in the event a claim is made against your bond, the surety will loan you the money to take care of the default. Pro Surety Bond hasover 25 years of combined industry experience, and we’re looking at another 25 so call us even if your credit isn’t great, because we have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Little Elm
If you are bidding on public projects for the City of Little Elm 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.
Little Elm is a city in Denton County and it is the 107th most populous city in the State of Texas. Little Elm got its start the same time as the Peters Colony, in 1841, as part of the Republic of Texas. The main feature is Lake Attitude, with 66 miles of the town limits being shoreline. In fact practically everywhere you get a view of the lake. Outsiders have caught on to the beauty of the city, because in recent years the city has experienced an extraordinary explosion in population growth, with the population increasing from about 3600 in 2000 to 26,000 by 2010, and as of 2013 it was 31,000.
Little Elm is located in North central Texas, and is a part of the Dallas / Fort Worth Metroplex. As such the city is in an ideal location for business relocation, particularly those that need access to infrastructure. Little Elm is accessible to Dallas via the North Dallas Tollway, SH 121 and FM 720. Major highways into the big city include US 380 and FM 423. Additionally, Little Elm has a number of tax incentives like the Impact Fee Reduction for real estate investment over $5 million and fast track permitting and inspection for qualifying projects. Call the Little Elm Surety Bond Pros Today at800-314-7003!
What types of things do underwriters look for when deciding on a surety bond premium? Without a doubt your credit history will be the biggest thing in your favor or against you. Underwriters make global judgements on your riskworthiness based in part on your credit history. However, they look at other things like whether you have any civil judgements unpaid, whether you have a lot of money uncollected, and whether you have any liens against your property. A good rule of thumb is that you should have financial equity that amounts to about five times the bond amount.
Little Elm Surety Bonding Here And Now
What if I think my premium is too high? If you feel the offer your broker has made is unreasonably too high, call your broker and ask him to make sure all the figures are right. Occasionally underwriters make mistakes, and it is not uncommon that credit reporting bureaus make mistakes as well. It’s a good idea to have a look at your credit reports every year to make sure everything is up to date and that there are no profound flaws in their reporting. Bond prices rely on a number of factors, but credit history is the most important, and it’s worth the effort to keep on top of your rating.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Little Elm, 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.