CallPro Surety Bondfor among the best surety bond premiums, after you've called everyone else. 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.Speak with a representative at800-314-7003for more informationLet us show you why we are among the leaders in the surety bond industry.Call the Lufkin Surety Bond Pros at800-314-7003!
Lufkin Surety Bonds from Pro Surety Bond Are Your Best Bet
Call800-314-7003!What is a surety bond? A surety bond exists to make sure that an obligation is fulfilled. Let’s say you own a retail business and that business collects sales tax for the state. The state needs a promise from you that you will make your deposits on time and according to the agreement, but they want an extra measure of security, so they require that you take out a surety bond as a form of insurance to cover THEM. In turn the surety company makes a commitment to the bond requirer that the surety will make sure that any fines or damages are settled. Sureties usually do this in the form of a short term loan to the bond purchaser. Pro Surety Bond has over 25 years of combined industry experience and we can help you reach your bond requirement, even if your credit isn’t good.Call800-314-7003!
Bidding Opportunities in Lufkin
If you are bidding on public projects for the City of Lufkin 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.
Lufkin is a city in Angelina County and it is the 85th most populous city in the state of Texas. The city was named after one Abraham Lufkin, a cotton merchant and personage from Galveston, but the name was suggested by his son in law, Paul Bremond, president of the Houston, East and West Texas Railway. The railroad was responsible for the early development of the town. Today Lufkin is the county seat and one of the top performing cities in what is called Deep East Texas. It is also known as the place where Katherine Anne Porter married her first husband, in the First Methodist Church.
Lufkin is the retail and medical hub of a 12 county region, and it didn’t happen by accident. Lufkin has put a lot of effort into creating an infrastructure that is business positive and inexpensive. Among the things the city has to offer is 39 acres of business park availability, almost 100 acres of prime industrial and commercial property, a streamlined business permit and inspection process, job training for citizens, a variety of economic incentives, and health care, technical and industrial training programs. Call the Lufkin Surety Bond Pros Today at800-314-7003!
What role exactly does the surety play in bond contract? Essentially, the surety assumes the responsibility of risk for the bond purchaser (principal). When everyone signs the contract, it is the surety that is committing itself financially, so it’s a big deal. Of course, the principal will have to make up for any indemnities paid out, but as of the signing of the contract, it is the surety that is sticking its neck out. That is why they spend so much time investigating your financials, at least if you are in the construction industry. With other fields you often only need a credit check.
Get a Lufkin Surety Bond by Calling Pro Surety Bond
What qualifications should I look for in a surety bond producer? There are a number of things that make some surety bond producers stand out as better to do business with. For instance, make sure your bond producer regularly makes client contact through newsletters, personal mail, or even visits to the office. With regard to the construction industry, is your producer knowledgeable with the national construction business, as well as regional and local? Has your producer created long term working relationships with corollary fields like law, accounting and lenders?Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Lufkin, 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.