Missing out on projects because your bonding capacity is maxed?

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Missing out on projects because your bonding capacity is maxed?

In today’s bonding market, many surety companies are tightening up their underwriting considerably, and are extending less surety credit than ever before.  They are less willing to stretch, even when it makes sense.  Florida Surety Bonds has strong relationships with the best surety companies and represents over 600 contractors throughout Florida.  Our team is focused on providing great bonding.  Because of our expertise and reputation in the industry, we are able to provide clients with maximum bonding with programs well over the standard “10 times working capital” for qualified companies.

Got a large job that will put you over your limit?  We’ll ask the right questions toward getting you approved.  We can get credit for job run-off.  We ask the right questions to “fit” the extra jobs into your program.  Are you doing service work?  Did you know that working capital requirements can be less strict for contractors doing annual maintenance work?  We are able to offer a number of surety tools where working capital is really an issue.  For more free ideas on how to maximize your bond program, please give us a call. 

By | 2013-10-03T14:07:31+00:00 October 3rd, 2013|Surety Blog|Comments Off on Missing out on projects because your bonding capacity is maxed?

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