Oregon City, OR Surety Bonds

You should call Pro Surety Bond when you need a 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. Call 800-314-7003 today for a fast quote. Great rates delivered quickly has made a name for us in this business. Call the Oregon City Surety Bond Pros at 800-314-7003!

If You Have A Oregon City Bond Requirement, Call Pro Surety Bond

Call 800-314-7003! What is a surety bond? Surety bonds in general are a guarantee, backed by the surety provider, that a business will comply with the statutes and regulations that govern your industry or business. Let’s say you are a pawnbroker. The pawnbroker industry has a bit of a tarnished reputation due to a few bad apples, but that’s the case with all industries. As a result there are laws that state how pawn shops may operate, in order to protect the public from businesses that do not operate in good faith. If you own a pawn business, the government requires that you take out a surety bond to guarantee that you will obey those laws, or a claim can be made against the bond. Pro Surety Bond has over 25 years of combined experience, searching high and low for the most affordable bond premiums they can find in their extensive network of underwriters. And that applies even if you don’t have great credit. Call 800-314-7003!

Bidding Opportunities in Oregon City

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

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Oregon City Finance Department

625 Center Street
Oregon City, OR 97045
Phone: (503)657-0891
Map to Finance Department

First And Mothertown Of Our State

Oregon City, population 35,000, is a city in the State of Oregon. Oregon City was established in 1829 by Hudson’s Bay Company near the Willamette Falls to take advantage of the water power needed to run a lumber mill. It became the capital of the Oregon Territory possibly because it was the last stop on the Oregon Trail and was a natural place for people to settle. But Portland and Oregon City vied for dominance in the region, and when statehood did come it was Portland that would become the capital. As the city outgrew itself, there came a need to expand the city above the river line. Being located in a steep valley meant that steps and ultimately elevators had to be constructed so residents could get up and down and today there are four municipal elevators in operation, though there have been many before.

For the longest time, forestry and paper mills have been the mainstay of Oregon City. The Pacific Northwest lumber industry went into decline after World War II, and today only one paper mill remains. However, local officials have been drawing high tech manufacturer and light manufacturers to the area, with one example being Benchmade, makers of fine cutlery. Medrisk, LLC, the insurance brokerage is headquartered in Oregon City and operates throughout the region. Also headquartered in Oregon City is Anderson Vending, which moved here in 2006. The city remains open to investment and has created the Economic Development Incentive Program, a matching grant program to develop commercial property in the city. Call the Oregon City Surety Bond Pros Today at 800-314-7003!

Why are surety bonds different from insurance? Insurance and surety bonds are both forms of insurance technically, but since surety bonds and insurance do the so differently, they have a different underwriting process. Some insurance providers consider surety bonds to be a hassle, although there is no reason for it to be that way and it’s not the way we do business. Insurance is geared for taking care of things when they something unforeseen happens, and surety bonds don’t have that problem. When you apply for a surety bond, you are essentially applying for credit if only short term credit, because if a claim is made against you, the surety will approach you to be paid back. As credit, the surety needs to know primarily about your creditworthiness, and those applicants who keep accurate records will find better deals.

Call Today For The True Option On You Oregon City Surety Bond

How does personal credit affect my ability to be bonded? As mentioned above, the surety bond is a form of credit, and that means that a credit check is almost universal in the application process. Since the surety is providing a guarantee for you, the underwriting is more similar to a loan than the way regular insurance underwriting is performed. For this reason, your financial reputation and record of financial responsibility is important in the surety bond application process. In fact, there is an industry wide standard that the better the credit score, the lower is the tendency for loss. Remember however, that there is underwriting for just about every type of credit, so if yours isn’t wonderful, give us a call anyway. 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.