Most commercial surety bonds qualify for instant approval!

The term Surety Bond is a broad term.It encompasses several different types of commercial bonds such as fidelity bonds, License permit Bonds, Bid Bonds, Payment bonds, Performance bonds, fiduciary bonds, and finally court bonds. We will go more in depth about these.

Fiduciary Bonds are for a specific job classification.

This bond protects individuals or entities appointed as fiduciaries, such as trustees or executors, by ensuring their faithful performance of duties and protecting against malfeasance.

1. Employee Theft Bond: This fidelity bond covers theft of money, securities, or other property.
2. Forgery or Alteration Bond: This bond protects against losses resulting from the forgery of checks documents, etc.
3. Computer Fraud Bond: Losses arising from hacking, or theft of electronic data.
4. Business Services Bond:  Losses resulting from dishonest acts committed by employees 

Often issued alongside a performance bond, a payment bond ensures that subcontractors, laborers, and suppliers will be paid for their work and materials on a construction project.It is also known as a construction bond.

These commercial surety bonds are required by government agencies to ensure businesses comply with regulations, such as building permits or professional licenses.

Typically you will receive written notice  of the requirements of this bond. 

Required in the bidding process for construction projects, a bid bond ensures that the winning bidder will enter into the contract and provide the required performance and payment bonds themselves. We would be glad to help out with your construction bond or performance bond as well!