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LICENSE AND PERMIT BONDS

Information Needed to Apply

…Poor Credit? We Can Help!

(Right-click and “Save Link As” to fill out on your computer).

License & Permit Application.  Simply click here to download and complete our full PDF application.

Personal Financial Statement.  May be needed for bonds above $25,000.  Click here for our blank personal financial statement form.

Your Credit Score.  If you have no credit or bad credit we can help.  Simply follow the link above, we'll complete your application and find the market that can write your bond.


CONTRACT BONDS

Contractors Who Do Not Obtain a CPA Prepared Financial Statement

Including established contractors that are frequent bond users, contractors who only occasionally need bonds, startup companies and contractors that have never been bonded. 

We are looking for contractors with established experience in completing projects.  We will give credit to newly formed contractors based on the owner’s industry experience in prior employment.  We help contractors grow by making bonds easier and by getting bonds approved on larger jobs.

We help Insurance Agents develop their small contractors into solid P & C accounts.

UNDERWRITING REQUIREMENTS 

To establish an account in this category we require:

(Right-click and “Save Link As” to fill out forms on your computer).

  • Contractor Questionnaire. Download Form.

  • Internal financial statements (Balance Sheet and Profit & Loss) from accounting system.

  • Personal financial statement from equity owners. Download Form.

  • Evidence of business cash deposits. (Copies of bank statements, etc.)

  • Owners resume of experience in trade or line of work.

  • Most recent business Tax Return.

For any pending bond requests we’ll need:

(Right-click and “Save Link As” to fill out on your computer).

Rates and terms provided following review and approval. 

We can often provide indications of bonding lines (per job and aggregate bonding capacity) to contractors in this class.


Contractors Who Obtain CPA Prepared Financial Statements

We have markets to bond any contractor from small, mid-market contractors to premier, best in class, Sub-Contractors and General Contractors. We bond contractors who regularly require bonds or contractors who are infrequent users of bonds

We underwrite contractors based on the character and background of the owners, their prior job experience and through analysis of financial statements.  We help contractors grow by getting larger bonds approved, and by providing advice and counsel on financial statement preparation, target financial results and financial planning, including continuation planning.  

We pride ourselves in hand delivery of bonds in our local area.  No waiting and worrying about overnight delivery.

UNDERWRITING REQUIREMENTS 

To establish an account in this category we require:

(Right-click and “Save Link As” to fill out on your computer).

  • Contractor Questionnaire. Download Form. (Right-click and “Save Link As” to fill out on your computer).

  • CPA Financial Statements for most recent and prior fiscal year end.

  • Internal financial statements (Balance Sheet and Profit & Loss) from accounting system as of the end of the most recent Quarter.

  • Personal financial statement from equity owners.  Download Form

  • Owners resume of experience in trade or line of work.

  • Most recent business Tax Return.

For any pending bond requests we’ll need:

(Right-click and “Save Link As” to fill out on your computer).

Rates and terms provided following review and approval. For contractors in this category we provide bonding lines (per job and aggregate bonding capacity).

We can also bond contractors whose financial statements are not in the proper contractor format or whose statements show poor or below average operating results.