There’s no reason to hesitate to callPro 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.A call to our representatives800-314-7003is the only step to get the surety bonding you need.We are here to take your questions.Call the Seagoville Surety Bond Pros at800-314-7003!
Your Seagoville Surety Bond Quote Is Ready So Call Us Now
Call800-314-7003!What is a surety bond? A surety bond can come in handy when someone needs a professional commitment, but doesn’t have the means to guarantee it. If someone wants a business license, for example, they have to pledge to submit to the rules and regulations of that industry. Infractions can result in fines, but sometimes sweetening the pot a little can get more compliance. Surety bonds are money that can be forfeited if a claim is made against the bond, and the surety’s job is to make sure that there is money to pay the claim. The surety can do this because it has the financial resources that the bond purchaser doesn’t. The money put forth to cover the claim is really just a loan however, and the business must still pay the claim back to the surety company, but simply having someone who can take care of a claim in an emergency is worth its weight in gold. Pro Surety Bond has over 25 years of combined industry experience, so we I think it’s say to say that we know what we’re doing .Call us for a fast and free quote even if your credit has taken a hit recently, because we might be able to work a little magic.Call800-314-7003!
Bidding Opportunities in Seagoville
If you are bidding on public projects for the City of Seagoville 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.
Seagoville is a city in Dallas County and it is the 168th most populous city in the state of Texas. Its original name was Seago, after T.K. Seago, the man who platted the town and owned the first general store there. Alas there was already, of all things, a Sego elsewhere, so the post office added the suffix. The town has mostly been agricultural in character, with alfalfa and cotton being the crops of preference. In 1971 it was named Small Town U.S.A. by the U.S. Marine Corps recruitment office because it was the film location for a recruitment video. Today Seagoville has a public library, seven churches, a federal correctional institution and a United States Army Reserve facility, and is an important part of the Dallas metropolitan area.
The self-proclaimed mission of the Seagoville economic development corporation is to use the half cent sales tax levied against residents to promote the city to those who wish to open a new business, to help retain currently existing businesses and draw business relocations, all in the hopes of expanding the tax base and the creation of primary jobs for the good of the city’s residents. The city can also, on a case by case basis, work with enterprises and create training programs and education. Call the Seagoville Surety Bond Pros Today at800-314-7003!
Why do I need a surety bond if I still have to pay the claim? You don’t buy a surety bond to cover yourself, you buy it to cover the party asking for it. If we’re talking about the construction industry, a project owner wants a surety bond from you so he is not in the lurch for the money to finish a project should you or any other contractor not be able to finish the project. When a surety company agrees to issue a bond, they are effectively taking on your risk personally, which means they only took you on because they were confident that you were a good risk. And that goes for everyone they issue a bond to. The possibility of indemnities are assumed to be zero, and that’s the only way to keep surety bonds cheap and marketable: by making the principal pay for the small number of claims made against their own bond.
Some Of The Best Rates On Seagoville Surety Bonds
I am in the construction industry. Do I need a CPA statement to get bonding? No. A CPA statement is an audit and they can be expensive, but it will get you the best bond price because of the accuracy and thoroughness. However, most underwriters understand that some companies are not large enough to warrant a full blown CPA statement, and in lieu they can, according to need, accept Corporate Tax Returns and Corporate Accrual Internal financial Statements. Confirmation of receivables, bank statement and cash reserves might be required as well. If the bond is small, however, you might not need a financial statement at all.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Seagoville, 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.