$750,000 single job / $750,000 aggregate
Designed for contractors who have occasional bond needs or are in need of their first bond, the underwriting of our Fast Bond 750 program is primarily credit based. This allows for quick processing of the bond with little underwriting information. It also targets fast turn projects for all construction trades, so long term obligations such as service contracts cannot be handled in the program.
If the contracted project is slightly over $750k, don’t let that send you looking somewhere else. Just give us a call! With selected additional underwriting information, we will do our best to fulfill your needs within Fast Bond 750 parameters. We want your business and will try to make it happen for you!
As your construction firm grows, the Fast Bond 750 program can grow with you! We are ready and willing to advise you on the steps necessary to graduate to the next level. We take a consultative approach and are eager to walk you through the basics of what is needed to qualify for a standard bond program!
To begin a full submission, please download, fill out and submit the following document to firstname.lastname@example.org
• Fast Bond 750 Application
(For Bonded Programs Exceeding $250,000 up to $750,000 ALSO include the information below)
• Personal Financial Statement of All Owners
• Latest fiscal year end Compilation or in-house financial statement (This includes a balance sheet, profit & loss statement, and an accounts receivable (AR) Aging report) (Make sure these are completed on an accrual basis and NOT a cash basis) – If more than 6 months old, also include the current interim financial statement.
• Certificate of Insurance