Sacramento, CA (PRWEB) October 03, 2012
Surety1 is happy to announce a new surety bond program for small and emerging contractors. Over the past few years, several underwriting companies have launched various “short form” programs for small contractors or contractors with infrequent bond needs. These programs all have one thing in common, they require a short form application and if the credit meets the criteria, they approve the bond at a 3% rate. There is very little flexibility with these programs, and all applicants will pay the same rate and basically be subject to the same bonding limits.