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Old 11-20-2008, 01:17 PM
Surety Wizard Surety Wizard is offline
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You would be able to use the business financials as a reference point for the past performance of the company. Keep in mind that the Bond will be based off of the personal credit of the new owner of the company. They will also look into the personal financial statements for the new owner as well. There are many factors that go into determining the rate for a bond premium.
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