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SOURCE: Surety Solutions Insurance Services Inc.
Performance Bonds and Payment bonds for contractors participating in the SBA's 8a program are now available from Surety Solutions Insurance Services, Inc (surety1.com) with applications available on line.
Sacramento, CA (PRWEB) January 18, 2013
As part of the application process to enter SBA's 8a program, a contractor will be required to offer a "letter of bond-ability". In order to qualify for bonds up to $350k, a contractor can go to the Surety1 website, download a simple three page questionnaire and get the necessary letter of bond-ability. For larger bonds, the submission process is more complicated and will require additional information. The process can still begin on the on-line web portal and will be followed up by a call from a surety bond professional.
John Page, president and founder of Surety Solutions Insurance Services, Inc.(Surety1), has been in the surety industry since 1987. He says " Surety1 has always targeted the emerging contractor as it provides us with a genuine opportunity to add value. Since our inception, the company has placed more than $400 million in surety bonds for 8a contractors." Now the process can begin on-line greatly reducing the time it takes to get approved for a performance bond.
Most people do not even know what a surety bond is until they need one. The insurance agency that handles all lines, at best has a cursory understanding of the surety bond underwriting process. With the on-line information now offered by Surety Solutions Insurance Services, Inc., the emerging contractor attempting to enter the 8a has a resource to help navigate the entire bonding process. This on-line portal is backed by experienced surety professionals,
Surety Solutions Insurance Services, Inc. is an independent insurance agency based in Rancho Cordova California, specializing in the placement of surety bonds and other specialty insurance products. For more information on obtaining a surety bond, you can contact Surety Solutions through its website, http://www.surety1.com, by calling toll free, 877-654-2327 or e-mail, info(at)surety1(dot)com
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