CCI Surety, Inc is an underwriter for Contract, Commercial and Miscellaneous Surety Bonds.

Author Archive

California Cannabis Bond

Written by Jim Dillenburg on . Posted in Cannabis Bond, Marijuana Bond, Surety Bonds

California Cannabis Bonds

California Cannabis Bond – $5,000 California

CCI Surety handles $5,000 Cannabis Bonds in California. We need the application and an explanation of what type of bond is required. California Cannabis Bonds can be required for cultivators, manufacturers or other. When submitting an application for the California Cannabis Bond, please indicate which of these is required. Every California Cannabis Bond that is not a cultivator or manufacturer is considered “other.”

California Cannabis Bonds – Adult or Medical

In some cases, two California Cannabis Bonds are required. The additional categories for the California Cannabis Bond are Adult or Medical. The principal may be required to provide both types of bond. We encourage agents to make sure their clients know if they need two California Cannabis Bonds.

Cannabis Bonds in Other States

CCI Surety also handles Cannabis Bonds in many other states. Other states will have different requirements and sizes than California Cannabis Bonds. If you have Cannabis Bonds in other states, please contact us directly for application materials.

Other Surety Bonds

Contract Bonds including Bid, Performance & Payment, Reclamation, Supply, Maintenance
Commercial Bonds including BMC-84, License, Permit, Dealers, Court, Probate and many more

 

California Cannabis Bond

CCI Surety handles Califronia Cannabis Bonds and many other types of bonds Nationwide with experienced underwriters in each office.

 

Our Home Office handles California Cannabis Bonds and other surety bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

Our Southeast Office handles contract bonds in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, and North Carolina

Our Southwest Office handles contract bonds in Arizona, California, Nevada, New Mexico and Utah

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any bond declined for low credit score with any application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties, including California Cannabis Bonds. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. Our Small Contractor Program team of underwriters focuses on projects under $400,000 using an application-only underwriting process. CCI Surety also has a very successful Easy Start Program for contracts between $400,000 and $3,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non-standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turnaround – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

– Jim Dillenburg [email protected] 866-317-3294

Low Credit Score Bond

Written by Jim Dillenburg on . Posted in Bid Bonds, Low Credit Score Bond, Payment Bond, Performance Bond, Surety Bonds

Low Credit Score Bond

CCI Surety has many programs designed to handle low credit score bond situations. Many contractors and other companies that require bonds have difficulties obtaining bonds. In may cases, a low credit score will result in a declination. There are non-standard bond markets that can issue bonds in some cases when a client has a low credit score. CCI Surety focuses entirely on non-standard bonds and low credit score bond situations.

Low Credit Score Bond App – $400,000 and Under – Payment & Performance or Bid Bonds

2 Page Application for Low credit score Bond Situations

The CCI Surety Small Contractor Program is designed for contractors that have a low credit score situation that is limiting their bond capacity or causing them to be completely declined for bonds. There is no minimum credit score requirement for this program. Experience and other factors are weighed more heavily. This program is designed for construction projects $400,000 and under. This program also does not require company financials to qualify!

Low credit score Bond situations come in many forms and we see a lot of accounts that have low credit score or other challenges. Obtaining a bond when you have low credit score can be challenging for contractors and insurance agents that do not have a relationship with a surety that handles low credit score bond situations. CCI Surety handles low credit score bond accounts on a daily basis and our underwriters are trained to look beyond the low credit score score to look for opportunities to underwrite the bond. It may take more work but if your client has other strong attributes or experience then our underwriters will do their best to turn the low credit score bond situation into an opportunity. There are many ways to get started if you are facing a low credit score bond need. You can call CCI Surety directly or use the ‘connect with an underwriter’ area on this page or “Chat Now” below during business hours. It is also possible to get started with the applications below:

SHORT APPLICATION for Low credit score Bond Situations

Low Credit Score Bond App for Large Payment & Performance or Bid Bonds

CCI Surety can also handle large Bid or Performance and Payment Bonds when there is a low credit score situation. The application portion is the same as smaller projects but we need a little more supporting information. On larger projects where there is a low credit score score situation, we may need more company and personal financial information. We have many options, even on larger projects.

FULL SUBMISSION for projects over $400,000

Low credit score Bond – Commercial Application

Low credit score Bond situations can also come in smaller forms. These types of low credit score bond situations usually fall into our commercial bond department. There are many types of commercial, probate, court, and miscellaneous bonds. Contact us directly if you are not sure what type of bond you need, or if you have been declined for any type of bond due to a low credit score score.

Don’t see the application you need? Contact Us
There are many types of additional commercial bonds that we can handle.


License and Permit Bond Application
Motor Vehicle Dealer Bond Application
BMC – 84 (Freight or Property Broker) Bond Application
Wage & Welfare Bond Application
Utility Bond Application
Liquor Bond Application
Lost Title Bond Application

Probate/Guardian Bond Application

Civil Court Bond Application

Business Service Bond Application

ERISA Bond Application

DEMPOS (Medicare) Bond Application

Fidelity/Crime Protection Bond Contact Us
-This type of bond varies by type and amount, send us more information about the bond need to receive the correct application

Low credit score Bond – Performance Payment Application

Bid, Payment & Performance Bond Application
SBA Bid, Payment & Performance Bond Supplemental Page Application
Subdivision Bond Application
SBA Quick Application

If you are not sure which bond to use, contact us.

 

Jim Dillenburg

CCI Surety

[email protected]

 

SBA Bond Specialist

CCI Surety handles Low Credit Score Bond situations Nationwide with experienced underwriters in each office.

Our Home Office handles Low credit score Bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, Idaho, Oregon, Washington, Hawaii, Alaska, and Washington D.C.

Our Southeast Region Office Handles Low credit score bonds in Florida, Georgia, Alabama, Mississippi, Louisiana, Tennessee, North Carolina, South Carolina, and Tennessee

Our Southwest Region Office Handles Low credit score bonds in Arizona, California, Nevada, New Mexico, and Utah

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on submissions or applications that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties because of low credit score or other financial situations. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $400,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2017 Top SBA Surety Bond Agent – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

Express Scripts Bond – Available Through CCI Surety

Written by Jim Dillenburg on . Posted in Express Scripts Bond, Surety Bonds, Uncategorized

Express Scripts Bond – Application Information

Successful applicants seeking for a Provider Agreement with Express Scripts must provide a $500,000 Express Script Bond

There are many requirements in the bonding process. Express Scripts is requiring a Bond in the amount of $500,000. In addition, the Express Scripts Bond must be obtained through a bonding entity with an A.M. Best rating of A-VII or better. The Express Scripts Bond must be submitted before the Provider Agreement is offered. The Express Scripts Bond must also be maintained for a minimum period of 2 years.

CCI Surety has markets that meet the requirements for Express Scripts Bonds.

Express Scripts Bond Checklist

  1. Express Scripts Bond Application
  2. Personal Financial Statement (other forms may be accepted)
  3. Business Financials
  4. Key Personnel Resumes

Typically, CCI Surety handles bonds for individuals and entities that are declined by standard markets because of low credit score, financial weakness, or other difficulties. Express Scripts Bonds are currently difficult to place and most candidates will need to have fairly strong credit scores and/or financial strength in order to obtain bonds. CCI Surety continues to develop the most competitive bond markets for all types of surety bonds, including Express Scripts Bonds, and we will do our best to find a bonding home for your client.

Our Commercial Team Handling Express Scripts Bonds

Express Scripts Bonds

Michelle Anderson

Express Scripts Bons

Allison Lemke

 

 

 

 

 

 

Michelle and Allison both handle Express Scripts Bonds in our home office. You can call 866-317-3294 to speak directly with our Commercial Bond Department that will work with you through the process.

If you have any questions about Express Scripts Bonds or need more information about our Bond Application, don’t hesitate to contact us – Jim Dillenburg [email protected] 866-317-3294

 

Express Scripts Bonds Available Nationwide

CCI Surety handles Express Scripts Bonds Nationwide

 

 

 

Our Home Office handles Express Scripts Bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, Florida, Alabama, Georgia, Tennessee, Mississippi, Louisiana, North Carolina, South Carolina, Arizona, California, New Mexico, Nevada, Utah and Washington D.C.

 

 

 

 

 

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can get started working on Express Scripts Bonds or any other bond declined for low credit score with any application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

Release of Lien Bond

Written by Jim Dillenburg on . Posted in Uncategorized

Release of Lien Bond

In most situations, Release of Lien Bonds are written with 100% Collateral as a condition.

CCI Surety has options without 100% collateral requirements with clients with a range of credit scores and financial strength. The strongest accounts with high credit scores and strong financial information may have Release of Lien Bonds approved with very little or even no collateral.

If you believe your client would be interested in a Release of Lien Bond with less collateral and you have an application and financial information, we may be able to help.

Our underwriters look at many factors and are able to consider other attributes for Release of Lien Bonds like positive lien resolution plans, or other financial strengths.

In addition to Release of Lien Bonds, our commercial surety bond department handles a wide variety of bonds. CCI Surety also handles a full range of Bid, Performance and Payment, reclamation and other contract bonds.

WE MAY BE ABLE TO QUOTE COMPANIES DECLINED FOR LOW CREDIT SCORE OR OTHER FINANCIAL ISSUES.

If you have any questions about a Release of Lien Bond or other surety bonds declined for low credit score or need more information about our Bond Application, don’t hesitate to contact us.

– Jim Dillenburg [email protected] 866-317-3294

 

Bond Declined for Low Credit Score

 

 

 

Our Home Office handles Release of Lien Bonds and other surety bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

 

 

 

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any bond declined for low credit score with any application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties, including Release of Lien Bonds. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. Our Small Contractor Program team of underwriters focuses on projects under $400,000 using an application-only underwriting process. CCI Surety also has a very successful Easy Start Program for contracts between $400,000 and $3,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non-standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turnaround – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

Larger Bonds

Written by Jim Dillenburg on . Posted in Bid Bonds, Payment Bond, Performance Bond, Surety Bonds

Larger Bonds

Contractors can be pre-qualified for larger bonds

CCI Surety focuses on helping contractors obtain larger bonds. Sometimes a contractor may be able to qualify for bonds through quick programs that limit the size of project that can be bonded. With standard markets, larger bonds often require CPA prepared financial statements in order to qualify. CCI Surety makes every effort to extend surety credit for larger bonds without requiring CPA financials.

Getting Started on Larger Bonds over $400,000
CCI Surety can start to pre-qualify contractors for larger bonds from applications and submissions that have already been filled out for other markets. If no applications have been previously filled out, you can start with the CCI Surety Application for larger bonds.
No Minimum Credit Score for Larger Bonds
Credit score is also a factor when applying for larger bonds. CCI Surety is a non-standard bond market. Although we do review credit for problems, there is not a specific minimum credit score that is required in order to qualify for most types of bonds. Contractors may still qualify for larger bonds, even if they have been declined because of a low credit score.

In addition to Bid, Performance and Pyament, and many other types of Contract Bonds, our commercial surety bond department handles a wide variety of other types of bonds.

WE MAY BE ABLE TO QUOTE COMPANIES DECLINED FOR LOW CREDIT SCORE OR OTHER FINANCIAL ISSUES.

If you have any questions about surety bonds declined for low credit score or need more information about our Bond Application, don’t hesitate to contact us.

– Jim Dillenburg [email protected] 866-317-3294

 

Bond Declined for Low Credit Score

 

 

 

Our Home Office handles Larger Bonds and other surety bond situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.
Our Southeast Office handles Larger Bonds for contractors in Alabama, Florida Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee
Our Southwest Office handles Larger Bonds for contractors in Arizona, California, Nevada, New Mexico, and Utah

 

 

 

 

Bond Declined for Low Credit Score

Written by Jim Dillenburg on . Posted in Surety Bonds

Bond Declined for Low Credit Score

In some situations, bonds can be quickly obtained based on credit score. Unfortunately, these programs are often limited to analyzing only credit score and that could result in a bond declined for low credit score. It these situations it is not time to give up. CCI Surety can often help write bonds for accounts, even when an account has a bond declined for low credit score.

Our underwriters look at many factors and are able to consider other attributes like positive work history, other financial strengths. CCI Surety also uses tools like the SBA Bond Guarantee program and funds control to help mitigate the risk associated with a low credit score. If you have an account that is is having difficulty being placed, contact CCI Surety for help today.

WE MAY BE ABLE TO QUOTE COMPANIES DECLINED FOR LOW CREDIT SCORE OR OTHER FINANCIAL ISSUES.

If you have any questions about a bond declined for low credit score or need more information about our Bond Application, don’t hesitate to contact us – Jim Dillenburg [email protected] 866-317-3294

 

Bond Declined for Low Credit Score

 

 

 

Our Home Office handles SBA Bond Guarantee Program situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

 

 

 

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any bond declined for low credit score with any application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

SBA Quick Bond Program

Written by Jim Dillenburg on . Posted in Surety Bonds, Uncategorized

SBA Quick Bond Program

SBA Quick Bond Program Increase to $400,000

SBA Quick Bond Application

The SBA Quick Bond Program, previously capped at $250,000, is designed to help contractors that are declined from other programs due to low credit score or other reasons. The SBA Quick Bond program is now being extended up to $400,000 in late September, 2017. This means that contractors may be able to get SBA Bonds up to $400,000 without having to provide company financial information.

SBA Quick Bond Program – No Minimum Credit Score

A key component of the SBA Quick Bond Program is that there is no minimum credit score. Most quick bond programs that do not require financial documents use a minimum credit score to decline contractors. Utilizing the SBA Quick Bond Program, CCI Surety is able to help contractors obtain bonding, even if they have a low credit score. CCI Surety does still review credit for other issues that may effect the underwriting outcome. Our underwriters are skilled at working with SBA Bond Programs in general as well as other programs to help contractors that have difficulty obtaining bonds or quick bonds.

SBA Quick Bond Program – CCI Surety Small Contractor Program

CCI Surety has a program that is geared towards working with small contractors. The SBA Quick Bond Program is a key part of the program but there are many other tools that can help qualify small contractors. Funds control may be used with or even without the SBA Quick Bond Program in order to help contractors that may not have enough working capital or other financial difficulties.

SBA Quick Bond – Dedicated Personel

There is a dedicated staff for Small Contractors. Even contractors on small projects receive the full attention of the CCI Surety Small Contractor Program.

WE MAY BE ABLE TO HELP CONTRACTORS DECLINED BY OTHER MARKETS FOR SBA QUICK BONDS

If you have any questions about a bond declined for low credit score or need more information about our Bond Application, don’t hesitate to contact us – Jim Dillenburg [email protected] 866-317-3294

 

Bond Declined for Low Credit Score

 

 

 

Our Home Office handles SBA Quick Bond Guarantee Program situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

aff-logo2

Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any SBA Quick Bond application that you have already prepared for other markets. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Quick Bond program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

P3 Projects

Written by Jim Dillenburg on . Posted in Uncategorized

P3 Projects or Public Private Partnerships

P3 Projects in the news

There is bipartisan agreement in Washington, D.C. that an infrastructure bill is needed. How that agreement is made and when it is passed remains in question. One thing that appears certain is that P3 Projects are going to be a part of the solution. P3 Projects are design to get private dollars involved in projects that have a public benefit. This could be infrastructure projects that have been delayed but that could benefit a particular business. In many cases, P3 Projects may allow a private entity to invest in the project to expedite its completion.
1. Public Protection on P3 Projects
On normal Federal Government (and most government construction at any level) projects, contracts over a certain size determined by the Federal Miller Act are protected by surety bonds. In short, a surety bond ensures that the public project will be completed and that all subcontractors and suppliers on the project will be paid appropriately.
Private projects may or may not have surety bond requirements included. As P3 Projects become more popular, it is important for government entities at all levels include specific language requiring bonds on P3 Projects at the total contract value.
2. Total Value of P3 Projects
It is important that the entire P3 Project is bonded. In some past cases, bonds were accepted at a lesser amount. This still leaves public money and interests at risk. Conflict over responsibility on completion of the project or payment to subs and subcontractors typically cannot be divided between public and private, therefore the entire project needs to be bonded.
2. Action Items on P3 Projects
Specific infrastructure language on a Federal level bill in not in place at this time. State level bills and language vary by state. In the build up to new P3 Projects, it is important that you reach out to legislators at all levels to make sure bond requirements on P3 Projects remain in place in the same way they are on all public projects. Be available to legislators to answer questions and create appropriate bill language.

If you have any questions or need more information about bonds on P3 Projects, don’t hesitate to contact us –

Jim Dillenburg
[email protected]
866-317-3294

 

P3 Projects

P3 Projects across the country

 

 

 

Our Home Office handles larger bond line situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

 

 

 

aff-logo2

Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any bond application that you have already prepared for a larger bond line. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

Bond Questions

Written by Jim Dillenburg on . Posted in Surety Bonds

Bond Quesitons

Even Bond Experts Have Bond Questions

It is impossible to be an expert on all types of bonds. There are new types of bonds required every year and the ones that already exist often change. Having a strong network to ask bond questions is a key to providing prompt service for your clients. CCI Surety handles bond questions from first time agents all the way through seasoned bond professionals.

We Ask Bond Questions

 If we don’t find an immediate answer to your bond question, we use our network to find an answer. Start by reaching out, you can talk directly to underwriters who are making decisions and answering questions on your client’s bond.

WE MAY BE ABLE TO QUOTE COMPANIES WITH CREDIT SCORE OR OTHER FINANCIAL ISSUES.

If you have any questions or need more information about our Bond Application or setting up a larger bond line, don’t hesitate to contact us –

Jim Dillenburg
[email protected]
866-317-3294

 

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Our Home Office handles quick bond questions in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

 

 

 

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Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any quick bond application that you have already prepared for a larger bond line. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds – We can always start with bond questions.

Bond Turnaround

Written by Jim Dillenburg on . Posted in Surety Bonds

Bond Turnaround Time

Expect Quick Bond Turnaround Time from CCI Surety

Other markets, even non-standard markets have changing appetites. Some sureties change their focus to larger projects or to preferred agents when things get busy and this can affect turnaround time. If you notice a change in the the bond turnaround time you receive from an underwriter on Bid or Performance & Payment Bonds, you have options..
1. Know what types of bonds your surety focuses on
CCI Surety Always Specializes in Non-Standard Bonds:
– Target Projects $3,000,000 and under
– Dedicated underwriters focused on projects under $250,000
– Quick turnaround for all agents
Staying focused on these types of accounts helps ensure quick bond turnaround.
2. Market changes
The bond market is currently soft. Sometimes this helps agents get quick and easy turnaround on bonds for there clients. However, when things get busy and bigger accounts show up or high volume agencies call with new accounts, other surety markets may move your account to the back of the line. CCI Surety, services all agents quickly and efficiently by have non-standard bond underwriters that appreciate turnaround time constraints.

WE MAY BE ABLE TO QUOTE COMPANIES WITH CREDIT SCORE OR OTHER FINANCIAL ISSUES

If you have any questions or need more information about our Bond Application or setting up a larger bond line, don’t hesitate to contact us –

Jim Dillenburg
[email protected]
866-317-3294

 

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Our Home Office handles quick bond turnaround situations in Maine, Vermont, New Hampshire, Massachusetts, Connecticut, New York, Pennsylvania, New Jersey, Rhode Island, Delaware, Maryland, Virginia, West Virginia, Ohio, Kentucky, Tennessee, Arkansas, Texas, Oklahoma, Kansas, Missouri, Illinois, Indiana, Michigan, Wisconsin, Minnesota, Iowa, Nebraska, South Dakota, North Dakota, Montana, Wyoming, Colorado, New Mexico, Arizona, Utah, Idaho, Nevada, Oregon, Washington, California, Hawaii, Alaska, and Washington D.C.

 

 

 

 

 

aff-logo2

Payment & Performance ★ Bid ★ ERISA ★ Motor Vehicle Dealer Bonds ★ BMC-84 ★ Wage & Welfare ★ License and Permit ★ Commercial ★ Contract ★ Miscellaneous

Please Note: We can always get started working on any bond application that you have already prepared for a larger bond line. CCI Surety, Inc. specializes in hard to place contract bonds that may have previously been declined by other sureties. We use different kinds of tools which allow us the freedom to think outside the box with our underwriting strategy. We are able to get comfortable with difficult situations using escrow / funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI also has a very successful Easy Start Program for contracts between $250,000 and $1,000,000 that may be obtained with a two page application plus any financial documents that are available. On commercial bond business we handle both standard and non standard business. Contract Bonds – Multiple Markets – Can Provide A+ rated bonds – $3M in-house authority, up to $15M from home office – Quick Turn around – No Agency Requirements SBA Backed Bonds – 2012 National SBA Bond Producer of the Year – Potential to approve bonds even with negative working capital – SBA Bond Program now covers bonds up to $6.5M and in some cases $10M Commercial Bonds – Standard and Non-Standard Bonds – Experienced staff specialized in handling Commercial Bond needs – License and Permit, Fidelity, ERISA, Business Services and Court Bonds – Miscellaneous Bonds

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