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  #1 (permalink)  
Old 11-06-2008, 12:05 PM
h2o h2o is offline
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Default SBA Program

What is the SBA Surety Bond Guarantee Program?
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Old 11-09-2008, 05:43 PM
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Quote:
Originally Posted by h2o
What is the SBA Surety Bond Guarantee Program?
It's a program that allows companies with not great credit get bonding - it's supported by the Small Business Administration.
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Old 11-11-2008, 03:33 PM
h2o h2o is offline
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Default SBA Program

Quote:
Originally Posted by Surety Queen
It's a program that allows companies with not great credit get bonding - it's supported by the Small Business Administration.
How do I get setup with this program?
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Old 11-11-2008, 03:46 PM
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Quote:
Originally Posted by h2o
How do I get setup with this program?
You call our office and speak with the bond specialist who handles this program. You'll have a phone dialogue first to see if you qualify for the program.
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Old 11-11-2008, 05:05 PM
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Default SBA Program

Quote:
Originally Posted by Surety Queen
You call our office and speak with the bond specialist who handles this program. You'll have a phone dialogue first to see if you qualify for the program.

Can I just call SBA directly and work with them?
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Old 11-11-2008, 05:14 PM
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Quote:
Originally Posted by Bond Magician
Can I just call SBA directly and work with them?
Nope, you sure can't. While it is the SBA's program, bonds are still written through a Surety company and they require working with an agent. SBA doesn't write the bonds - they just back them.
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Old 11-13-2008, 11:26 AM
h2o h2o is offline
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Default SBA Program

Quote:
Originally Posted by Surety Queen
Nope, you sure can't. While it is the SBA's program, bonds are still written through a Surety company and they require working with an agent. SBA doesn't write the bonds - they just back them.
So my surety agent would work with the SBA on my behalf? What does the SBA actually do to help me obtain bonding?
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