Bonds Under $400k
Our $400K and under program is designed for quick and easy access to single bonds and bond programs under $400K. The program is designed for the first time or the infrequent bond user. The process is very simple and requires a one-page application and the full indemnity of the bonded entity, its owners, and their spouses. Bonds will be underwritten by CNA Insurance Company. The program requires little if any financial information on the business, and approval is based on three main criteria.
At least one year in business with a clean track record and no prior bankruptcy
Solid personal credit history of business owners
Experience that is in line with the size and scope of the project and work program to be bonded