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 […]
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Commercial Bonds vs. Contract Bonds: How Are They Different? There are several types of surety bonds. Two of the main categories are contract bonds and commercial bonds, which we’ll cover today. While they have overlapping similarities, they also have some distinct differences that set them apart. Read on to learn when and why you might […]
A surety bond is a legally binding contract ensuring one party keeps its promise to another. If someone fails to keep their promise, a surety company will compensate the party who experienced the loss. Then the party at fault for breaching the contract will have to pay the surety back. Confused? Hey, that’s okay! That’s […]
A notary bond is required as part of the licensing process for anyone who wishes to become a notary public in Arizona. The bond serves as a financial guarantee that the notary will fulfill their duties under the law and won’t engage in any fraudulent or illegal activities. It protects the public from monetary losses […]
Oklahoma Statutes require anyone approved for a notary commission to file a $1,000 notary bond with the Secretary of State for their 4-year commission. The bond serves as a financial guarantee that the notary will fulfill their duties under the law and won’t engage in any fraudulent or illegal activities. It protects the public from […]
A notary bond is required as part of the licensing process for individuals who wish to become a notary public in Washington State. The bond serves as a financial guarantee that the notary will fulfill their duties under the law and won’t engage in any fraudulent or illegal activities. It protects the public from monetary […]
If you’re a business owner, contractor, or other professional, you may need a surety bond at some point in your career. Here are five simple steps to get you bonded as quickly as possible. 1. Application Complete the correct bond application with a reputable surety provider. You may have to provide information about your business, […]
A notary bond is required as part of the licensing process for individuals who wish to become a notary public in Tennessee. The bond serves as a financial guarantee that the notary will fulfill their duties under the law and won’t engage in any fraudulent or illegal activities. It protects the public from monetary losses […]