Texarkana, TX Surety Bonds

What reason can anyone think of to not call Pro Surety Bond for 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. All it takes is one simple phone call to 800-314-7003 and you'll have your bond. We’re available now to speak with you about bonds. Call the Texarkana Surety Bond Pros at 800-314-7003!

There’s No Faster Way to Purchase a Texarkana Surety Bond

Call 800-314-7003! What is a surety bond? A surety bond is a risk management tool that operates in a way similar top liability insurance, but with a few crucial differences. To be clear, surety bonds are insurance and they are probably regulated by the insurance commissioner in your state, but surety bonds do not cover the purchaser; they cover the party that wants it. Why would they want a surety bond? In most cases to act as an incentive for you to perform some task or adhere to a promise. In the case of license and permit bonds, bonds required before you can be licensed in your industry, your governmental licensing body wants you to adhere to the regulations of your industry, and the surety bond in there to act as a guarantee that you will do so. The surety company is technically an objective third party who takes on the responsibility of making sure the guarantee is kept, in the form of a short term loan to the bond purchaser if necessary. Pro Surety Bond has been helping small businesses in Texarkana, Texas fulfil their bond requirements, even if you don’t have great credit. We have a program for almost everyone. Call 800-314-7003!

Bidding Opportunities in Texarkana

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

220 Texas Blvd.

Texarkana, TX 75501

Phone: 903-798-3900

Map to Finance Department

Enhancing Our Quality Of Life, Always

Texarkana is a city in Bowie County, and it is the 82nd largest city in the State of Texas. Like much of the United States, Texarkana is a product of the 19th century railroad boom that transformed the nation, and it the case of Texarkana, it was competition between the railroads that played a role. Two railroads were in competition as to who would cross the Red River first, but an agreement was made that railroads would convert across the bridge. The origin of the name is unclear, but one local legend says it originated with a surveyor who, upon reaching the city site, painted a sign declaring the future name of the town to be built there. Today the Texas side and the Arkansas side make up the Texarkana metropolitan area.

The Texarkana Chamber of Commerce is your place of departure for entrepreneurial and site location experts if you are looking for economic, commercial and community data about the Greater Texarkana area. The economic development department is responsible for the entire Texarkana Miller County, Arkansas and Bowie County, Texas area. It is devoted to retaining and expanding current businesses, diversification of the economic base so that it be less reliant on a small number of industries for its tax base, and creating relationships with leaders in commerce throughout the region for the betterment of the entire community.  Call the Texarkana Surety Bond Pros Today at800-314-7003!

What is the relationship between cash flow and bonding capacity in the construction business? It is extremely important. Keeping up on receivables is vital, and when it falters, you might see signs of poor cash flow. The inverse of that is underbilling. Since construction projects are usually long term, with the invoicing spread across months of years, and with this in mind, it’s important to keep track of where you are in the process and making sure that you have billed to that extent. For example, if your project is 50% finished, they ideally you should have 50% of that invoiced.

Texarkana Surety Bonds with the among the Best Premiums

The problem with underbilling is not only that you are not getting what you have coming to you, but it plays havoc with your monthly profit and loss statements—and this in turn complicates you bonding capacity. Maybe it makes more sense to you to purchase equipment as opposed to renting, but it might not make accounting sense because if your cash flows are not up your financials will suffer, as will your bonding capacity. Having a good accountant, one experience in the construction industry, will go a long way in your bonding adventure. 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.