Category Archives: Surety Bonds

What Is Surety Bond Collateral & How Does It Work?

Small business owner smiling because he was just approved for a surety bond with collateral

When applying for a surety bond, particularly in industries like construction and law, understanding the concept of collateral and its significance can empower you to navigate the bonding process with confidence and knowledge.  Collateral is sometimes a requirement from a surety for a high-risk bond. Other times, it can be a viable solution for a […]

Bonds and Insurance for Small Business Owners: Essential Guide

Small business owners that are bonded and insured working on a project

Running a small business is a big deal. It’s likely your passion, livelihood, and reputation on the line. Whether you’re a newbie entrepreneur or a seasoned pro, there’s one thing you can’t afford to overlook: surety bonds and insurance. These aren’t just bureaucratic boxes to check off. They’re the safety nets that protect everything you’ve […]

Small Business Bonds for New & Seasoned Entrepreneurs

Small business owner who is licensed and bonded

If you’re embarking on the journey of opening a new small business, you may feel overwhelmed by your ever-growing to-do list. Today, we want to clear up any confusion surrounding small business bonds so you can check that item off your list. Small business surety bonds are essential tools that protect your business and customers […]

5 Surety Bond Solutions for Small Businesses or Bad-Credit Situations

Small business owner that found surety bond solutions to work with clients

It’s not always easy for small business owners and operators to obtain bonding. This may be due to fiscal restrictions, credit, or a lack of experience. Below, we cover our top 5 effective surety bond solutions to help small businesses and those with less-than-ideal credit secure the surety bonds they need.  We’ve worked hard to […]

What Is an Indemnity Agreement?

Signing an indemnity agreement in a surety bond form

In the world of insurance and bonding, understanding key concepts is crucial. One such concept is the indemnity agreement.  Whether you’re new to the industry or looking to deepen your knowledge, this article will provide a comprehensive overview of indemnity agreements, their purpose, and how they function. What is indemnity? Indemnity refers to protection against […]