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License & Permit Bonds (other) - $10,000 License Bond


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Old 02-12-2008, 12:34 PM
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Default $10,000 License Bond

Will I have to provide personal financial statements for a $10,000 bond? I was approved with another surety, but I would have to provide financials.
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Old 02-14-2008, 07:48 PM
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Default License & Permit Bonds

Quote:
Originally Posted by Bond Magician
Will I have to provide personal financial statements for a $10,000 bond? I was approved with another surety, but I would have to provide financials.

You will most likely have to provide a personal financial statement for any type of bond you want - unless you are willing to post 100% collateral. This size bond can often be written without business financials - but not without personals.
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