We recently contacted a contractor who couldn’t get approved for more than $1 million with his current bonding company. The next morning, he wanted to bid on a $2 million project but couldn’t get it done, so he thought that was that. Find out what happened next!
How ZipBonds Helps Double Bonding Capacity for Contractor
General Contractor Couldn’t Get Bonded for More Than $1 Million
One of our agents, Tina Bockholt, had been reaching out to this contractor for a long time. The day before the bid, Tina got ahold of his wife with a friendly, “Hey! Good luck with your bid tomorrow!” The contractor’s wife responded disappointedly, “Well, we can’t bid it because our current guy couldn’t get it done for us…”
Bonding Capacity Doubled
Tina asked her to send over the documents to see if anything could be done. In 20 minutes, the documents were in her inbox. Within the next 3 hours, the contractor was approved for a $2 million bond!
The contractor was able to submit his bid by 9 am the next morning.
Their new bonding capacity was double what they had previously with their other bonding company (that they’d been with for the past 20 years)!
What makes ZipBonds different?
We work with a variety of the best surety partners nationwide to ensure you have the best opportunity to be as competitive and profitable as possible.
There aren’t many companies out there that will call you and ask, “When was the last time someone took a look at your bond program?” We’ll examine your bond program to see if you could be more competitive or increase your bonding capacity.
Our agents also go the extra mile to seek out more projects for you to bid, projects that match the type and size you want to bid and are within the distance you’re willing to travel.
Need to increase your bonding capacity?
If you need a surety bond fast or are hoping to increase your bonding capacity for the next project you’d like to bid, don’t hesitate to reach out to ZipBonds. We’ll exhaust our resources to help you bid the projects you want to win.
If we’ve already approved you for a bond program, it’s as easy as calling or texting us your information. If you’ve never worked with us, our website has a contractor pre-qualification option that only takes 3 minutes to complete. You can also apply for any construction bond online.
Reach out any time with questions or if you need a quick turnaround — call (888) 435-4191 or email support@zipbonds.com. We can’t wait to work with you!
Read more case studies on our blog!