Contract Bond Capacity

[Harley]

I'm looking to increase my Contract Bond Capacity. What do I need to do?

[Phillies]

In order to increase your bond line above a $200,000 aggregate, Surety would require a number of items - including business financial statements (preferably prepared by a CPA) which would include a Balance Sheet, Profit & Loss and all notes from the CPA as well as personal financial statements. If you are a new company, it's not likely that we will be able to increase your bond line. Surety wants to be sure your company can handle larger jobs before increasing your line. If you think you qualify for a larger bond line, please visit our website under contract bonds and there will be a list of items required.