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Thread: Resume?

  1. grasshopper
    grasshopper is offline Senior Member
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    Resume?

    I was applying for my Used Auto Dealer Bond and was asked for a resume, what is this for and what exactly are they looking for?
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  2. Bond Magician
    Bond Magician is offline Senior Member
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    Resume?

    Quote Originally Posted by grasshopper View Post
    I was applying for my Used Auto Dealer Bond and was asked for a resume, what is this for and what exactly are they looking for?

    Basically, the surety company wants to know what type of experience you have, so you will need to submit a resume outlining any past experience in field. The more experience you have, the more it will help you when submitting it to the surety company.
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  3. grasshopper
    grasshopper is offline Senior Member
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    What if I only own a majority with my partner? I am here because I can help with the funding and my partner has all the experience. Will that have an effect on the premium?
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  4. h2o
    h2o is offline Senior Member
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    Resume

    Quote Originally Posted by grasshopper View Post
    What if I only own a majority with my partner? I am here because I can help with the funding and my partner has all the experience. Will that have an effect on the premium?
    Both you and your partner should provide a resume. You may want to include a note on each explaining each of your roles in the company as well. I don't think this would adversely affect your approval, since one of you has experience.
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  5. grasshopper
    grasshopper is offline Senior Member
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    What if the score is great, good liquid assets but dosen't own real estate?
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  6. lifeisgood
    lifeisgood is offline Senior Member
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    Credit Score/Assets

    Good credit score and liquid assets are certainly a plus - but owning real estate is more solid as the liquid assets could be gone tomorrow.
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