Let's cut to the chase: How much is this going to cost?
Surety Bond vs. Letter of Credit: Everything You Need to Know
Surety bonds and letters of credit help create accountability between the various parties of a construction contract. They protect project owners, subcontractors, suppliers, and even contractors themselves from losses resulting from breaches of contract.
Everything You Need to Know About the Surety Underwriting Process
What can you expect from the surety bond underwriting process, who are the surety bond parties, and how do the various elements of the process interact?
8 Ways to Lower Your Surety Bond Cost
Tips from the experts at Surety Bonds Direct can help you lower the cost of your bond and build a stronger business.
How Much Does a Surety Bond Cost?
Several factors contribute to the cost of a bond. The price is generally set as a percentage of the bond amount. The cost can vary based on the specific applicant.
Find out how credit scores affect your bond cost and how you can getter a better price by improving your credit.