McAllen, TX Surety Bonds

Talk to Pro Surety Bond before you buy your next 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. One simple call to 800-314-7003 to discover the best rates on your surety bond. Our client service skills have made us a legend in the industry. Call the McAllen Surety Bond Pros at 800-314-7003!

Pro Surety Bond Is Your One Stop Surety Bond Provider In McAllen

Call 800-314-7003! What is a surety bond? A surety bond, simply put, confers trust to another party. Let’s say you run a bingo parlor. There occasionally some bad seeds that appear in that industry and there are regulations in place that require you to collect taxes on your bingo revenues; but to encourage you to make your deposits in a timely manner, the bingo administration will want a surety bond to back up your word. You purchase the surety bond from the surety bond producer and the producer signs an agreement that it will cover you in the unlikely case of a default. The temporary loan they will offer will satisfy the government. Pro Surety Bond has over 25 years of combined industry experience, racking up great prices for all our clients, including those with bad credit. Call 800-314-7003!

Bidding Opportunities in McAllen

If you are bidding on public projects for the City of McAllen 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.

Click Here for Bidding Opportunities for the City of McAllen

McAllen Finance Department

1300 W Houston Ave
McAllen, TX 78501
Phone: (956) 681-1060
Map to Finance Department

Square Dance Capital Of The World

McAllen Texas is a city in Hidalgo County and is the 21st most populous city in the state. What would become McAllen was not settled until 1904, with the surrounding area being overwhelmingly agricultural in character. After World War II, though, growth was massive, with the population boom still underway. Today McAllen, or rather the McAllen-Edinburg-Mission metropolitan area still being one of the fastest growing metropolitan areas in the United States. The metro area currently contains about 1.5 million residents.

The City of McAllen Planning Department is the organization that manages the economic growth of the city through its policies and regulation. These guidelines in turn are adopted by the Mayor and the City Commission who implement the policies with regard to zoning, subdivision development, parking etc, with the goal of maintaining and promoting a vibrant way of life with economic growth that does not spoil the quality of life. McAllen has a staff of American Institute of Certified Planners who can help interested companies set up shop in their city, including assistance with site planning and building permits. Call the McAllen Surety Bond Pros Today at 800-314-7003!

Is it difficult to get a performance bond? In general, no. If the financial state of your company is good, then getting a bond should not be difficult at all; but sometimes you might not get as much as you’d like, especially if you are new to bonding. Bonding capacity is a little like having credit. You start out with a fairly limited amount, but if you keep up your credit rating you will find that your credit limit will grow with time. It’s a similar situation with performance bonds: as you regularly show that you are a good risk, bond producers will award you with greater bonding capacity.

We Think Our McAllen Surety Bond Clients Deserve Only The Best

How is surety bond underwriting different from regular liability insurance? Insurance premiums are calculated according to complicated actuarial formulas which determine the “average” chance of someone needing a payout. With surety bonds, the premiums will never cover losses, and so a different way of reckoning risk is necessary. Surety underwriters need to be able to determine the degree of risk a company has of default, and if the risk is too high that party simply cannot be bonded. Because indemnities are rare and assumed to never be needed, the price of surety bonds can be kept low. Give us a call at 800-314-7003

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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.