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Originally Posted by Bond Artist How long will I have to be on the Fast Track Program until I am eligible for the Complete Bond Line? |
The Fast Track Program is designed for contractors who are starting a new company and have good personal credit. When you have a full year of experience and financial statements, you can apply for the next level of bonding which is the 2x4 Fast Track program. This program give you a $200,000 single limit but a $400,000 aggregate limit. In order to be eligible for a complete bond line, you would need to be able to provide 2-3 years worth of CPA prepared financial statements, along with business references, bank reference letter and a few other items.
08-29-2007, 10:56 AM
Fast Track Program 
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