Portland, TX Surety Bonds

There’s nothing beats the feeling you get when you get a great deal at 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. When you decide to call 800-314-7003 you’ll be talking to a representative who can help you. It will make sense why our clients renew with us year after year. Call the Portland Surety Bond Pros at 800-314-7003!

When You Need Portland Surety Bonds Simple, Call Pro Surety Bond

Call 800-314-7003! What is a surety bond? Surety bonds buttress a commitment you have made to another party by enlisting the financial reputation of a third party to take on your risk. So if someone applies for a business license, government regulators demand that they pledge to uphold their regulations; but to arouse your enthusiasm to do so, they require that you take out a surety bond. Why? Because a business license applicant does not have the financial reputation to back up his pledge, so he must go to a surety company, which does have the character, authority and prestige to back it up. In a sense, the surety is in the “guarantee guaranteeing” business, which means if a claim is made against the bond, the surety will make “sure” that the claim is paid, if valid. They do this through a short term loan to the business. Pro Surety Bond has over 25 years of combined industry experience, and we want 25 more, so call us even if your credit is not great. Call 800-314-7003!

Bidding Opportunities in Portland

If you are bidding on public projects for the City of Portland 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 Portland

1900 Billy G. Webb Dr.

Portland, TX 78374

Phone: (361) 777-4586

Map to Finance Department

Gen City By The Gulf

Portland is a city in Nueces County and it is the 162nd most populous city in the state of Texas. The city was named after Portland, Maine by the New England and New England R E Company, most of whose stock holders were companies headquartered in the Maine city. The company purchased 1280 acres on the site that would become Portland. At the time Portland even resembled New England with its ducks and other game, its wide varieties of fish in the bay, not to mention the oysters, crane, heron and other waterfowl. If it weren’t for the mild climate, you might think you were in New England. Today Portland is part of the Corpus Christi metropolitan area.

Portland has a number of economic development incentives, geared to creating an environment of sustainability and stability. Portland officials know that high quality development is the key to this goal, and provides economic incentives to direct investors, business relocations and existing enterprises to a future that is not only prosperous, but responsible. Sectors officials would like to focus on are corporate office space, software development, electronics development and manufacturing, biotech development, pharmaceutical development and manufacturing and medical technology. Call the Portland Surety Bond Pros Today at 800-314-7003!

I am in the construction business. What sorts of things should my balance sheet reveal to get the best bonding capacity at the best rates? We’ve said it before and we’ll say it again: cash is king and you simply can’t have enough of it. Sureties advise that if you have hundreds of millions, keeping it in a number of banks is a good idea. A big bugaboo with sureties is receivables that have not been collected. It is common knowledge that the longer a bill goes unpaid, the more difficult it will be to collect it, so if you have any receivables more than 90 day overdue, expect a surety to start asking questions.

When You Need A Portland Surety Bond Specialist

Other things sureties look for on balance sheets include underbillings, which tells sureties that you might not be paying enough attention to the accounting details of your business. More importantly, it might indicate that a project owner might be holding back funds because he is poised to make a claim. Finally, capital expenditures are one of the red flags for surety companies. Do you own more equipment than you use? Should you perhaps consider renting equipment as opposed to purchasing? How do you manage your equipment inventory relative to you backlog of projects. Give us a call at 800-314-7003

Related Links:

Portland Municipal Page
1900 Billy G. Webb Dr.

Portland, TX 78374

Phone: (361) 777-4500

Portland Chamber of Commerce

904 Memorial Pkwy

Portland, TX 78374

Phone: (361) 643-2475

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.