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5 Reasons You Need Surety Bonds for Your Business
Surety bonds provide a wide range of support for business owners. While they may seem like just another expense to some small business owners, they actually provide a number of key benefits like providing customers with a sense of confidence in the bonded company....
How Do Surety Bonds Benefit Businesses?
Surety bonds give investors and clients confidence in the financial integrity of your business. This article provides a definition of surety bonds and explores the reasons companies buy them. Keep reading to find out if your business could take advantage of surety bonds. What Are Surety Bonds?...
Do You Need to Bond Your Business?
With so many reported burglaries and “stranger danger” scares in the news, many people feel very uneasy about letting strangers into their homes. However, electricians, plumbers and contractors — among others — must enter the home in order to perform their jobs....
What Is A Surety Bond?
A surety bond refers to a contract formed between three parties. The three parties are the principal, the surety, and the obligee. The purpose of a surety bond is confirmation of the surety's responsibility to ensure that the principal will behave in accordance with the bond's terms....
Buying and Paying for a Surety Bond
As a business, you want to cover all your assets appropriately. Good customer service matters, and anyone wants to provide clients with top-notch results. However, sometimes things happen. A business may fail to complete an assignment that is has contractually promised....