Speak to a skilled bond agent at Pro Surety Bond when you renew your next 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. You will find some of the best surety bond rates when you call 800-314-7003. Our agents are always eager to make our clients happy. Call the West Linn Surety Bond Pros at 800-314-7003!
Get Security With Your West Linn Surety Bond
Call 800-314-7003! What are surety bonds? Surety bonds have a number of functions, but the basic idea is simple: someone needs a financial guarantee from someone else. The longer explanation is that surety bonds ensure that some obligation will be fulfilled or a claim can be made against the bond. Let’s say you are a mortgage broker in the state of Oregon. Because this is a business that deals with money and confidential economic information, regulators want you to be operating your business in good faith, and the best way to do that is to have you purchase a surety bond as a way of vouching for yourself. Pro Surety Bond offers its 25 years of combined industry experience to all its clients, including those with not so great credit. We have a program for just about everyone. Call 800-314-7003!
Bidding Opportunities in West Linn
If you are bidding on public projects for the City of West Linn 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.
West Linn Is The City Of Hills, Trees, And Rivers”
West Linn, Oregon, population 25000, is a city in Clackamas County in the State of Oregon. The area that would become West Linn was settled in the 1840s when one Robert Moore purchased 1000 acres from the Willamette Indians. He originally called his town “Robin’s Nest” because he situated his own home high above on a slope that overlooked Willamette Falls. Within a few years he had built several flour and lumber mills and brought in outside workers to help him. Moore renamed the city to Linn City in honor of Lewis Linn, a US Senator who promoted the Land Donation Act. Today West Linn has many of the amenities that make it the kind of place anyone would want to live. There are tons of parks here and a great library. West Linn was also ranked no. 38 in Money Magazine’s Best Places to Live in 2015.
The West Linn economic development committee is committed to working with the business community to promote economic opportunity for the well-being of the residents of the city. The current 20 year plan is geared toward providing opportunity while preserving and protecting the land and environment. The committee expects 1500 new households by 2035, and realizes the importance of using the land wisely, given that a limited amount could hold back job growth in the future. Prospective solutions include flex properties which mix commercial and manufacturing sectors, among other things The chief growth industries of the future are expected to be Health care and social assistance, construction, admin and support, finance and insurance and public administration. Call the West Linn Surety Bond Pros Today at 800-314-7003!
How do surety bonds work for me? It may seem paradoxical that you need a surety bond if you have to pay the claim to the surety anyway. The confusion arises from the fact that people think of surety bonds as insurance, and if they were insurance, they would pay your claim and you would continue to pay your premiums. Think of surety bonds as a form of insurance that you are buying for someone else, but that you have to pay for. It’s like insurance in reverse.
For Just About Any West Linn Surety Bond Need, Call Pro Surety Bond
What alternatives to surety bonds are there? The answer is none, if you don’t want to make any large scale sacrifices. For instance, there are Irrevocable letters of credit, which are just as good as surety bonds, EXCEPT, for letters of credit you will almost certainly need to post 100% collateral for your coverage. In some cases, collateral is needed for surety bonds, but these are special consideration cases. Another problem with letters of credit is that they tie up your capital, and that makes doing business much more difficult. An astounding number of surety bonds can be purchased with a simple credit check. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in West Linn, OR
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.