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

Bond Requirement Waived

Written by Jim Dillenburg on . Posted in Uncategorized

Bond Requirement Waived

 

Contractor Growth

Many contractors limit their growth by trying to get contract bond requirements waived or by avoiding bonded projects all together. As agents, you can help your contractor, especially smaller contractors looking to grow, by getting them in consistent and stable bond relationships. A contractor with clear and consistent bonding relationships is less likely to make other compromises to get a bond requirement waived.

Calling in a favors, or getting an exception from a standard market can be only a one-time solution for contractors and may not help them on the next project. Credit based quick programs may also provide temporary avenues for bonding, however, those programs have size restrictions. If they do not access to larger bond programs the contractor will once again have to try to get a bond requirement waived. CCI Surety is always handling non-standard accounts and can set up a program to consistently meet your contractor’s bond needs as well as help them grow into larger projects.

We can usually get started from applications you have already filled out or you can choose from ours below. Contact us for commercial, court, or other bond applications.

Small Contract Applications– For Projects $250,000 and under

Contract Bond Application – For Bonds larger than $250,000

SBA Supplemental Information – Include for consideration for the SBA Surety Bond Guarantee Programs

 

Bid Bonds

Applying for a Bid or Payment and Performance Bond can be cumbersome. Many programs rely on credit score but CCI Surety can also handle bond needs for contractors with a low credit scores. There are many options for contractors with credit score or financial issues that need Bid or Payment and Performance bonds. CCI Surety reviews accounts for many options and can make multiple offers for contractors.

Jim Dillenburg
[email protected]
866-317-3294

map-8.28.2014

Our Home Office handles Motor Vehicle Dealer 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, Georgia, Alabama, Mississippi, Louisiana, Tennessee, North Carolina, South Carolina 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 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. 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

Payment and Performance Bonds

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

Payment and Performance Bonds

 

Bid Bonds

Bid bonds are normally a precursor to needing a Payment and Performance Bonds. Anytime that a bid bond it issued, it is a signal that the surety intends to provide a Payment and Performance bond for the contractor. The underwriter working on your Bid Bond usually reviews the account and requires the same information that they would need for a Payment and Performance Bonds.

 

Application for a Bid Bond

Applying for a Bid or Payment and Performance Bond can be cumbersome. Many programs rely on credit score but CCI Surety can also handle bond needs for contractors with a low credit scores. There are many options for contractors with credit score or financial issues that need Bid or Payment and Performance bonds. CCI Surety reviews accounts for many options and can make multiple offers for contractors.

Jim Dillenburg
[email protected]
866-317-3294

map-8.28.2014

Our Home Office handles Motor Vehicle Dealer 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, Georgia, Alabama, Mississippi, Louisiana, Tennessee, North Carolina, South Carolina 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 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. 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

Florida Motor Vehicle Dealer Bond

Written by Jim Dillenburg on . Posted in Uncategorized

Florida Motor Vehicle Dealer Bond Renewals

 

General Information about the Florida Motor Vehicle Dealer Bonds

The deadline to renew Florida Motor Vehicle Dealer Bonds is approaching. Renewal notices may be sent as early as this week which means clients will soon be looking to renew their bonds by the April 30th Deadline.  CCI Surety, Inc does handle commercial bonds as well as court, miscellaneous, and many other types of bond needs. Contact us for competitive rates, especially if your client has renewal issues or if credit score has caused them difficulty in the past

Ask for our commercial bond department at 866-317-3294, or just reply to this email.

Contact CCI Surety for Motor Vehicle Dealer Bonds

  • CCI Surety can potentially quote clients with low credit score
  • CCI Surety deals with multiple markets nationwide
  • CCI Surety can provide quotes on standard accounts as well as non-standard accounts

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

If you have any questions or need more information don’t hesitate to contact us.

Jim Dillenburg
[email protected]
866-317-3294

map-8.28.2014

Our Home Office handles Motor Vehicle Dealer 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, Georgia, Alabama, Mississippi, Louisiana, Tennessee, North Carolina, South Carolina 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 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. 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 Bond Guarantee Program

Written by Jim Dillenburg on . Posted in Uncategorized

SBA Bond Guarantee Program

 

General Information about the SBA Bond Guarantee Program

The SBA Bond Guarantee Program was developed by the Federal Government to help small to medium and emerging contractors gain more access to surety bonds. Surety bonds are required on many projects at many government levels as well as some private construction projects. In order to obtain a bond a surety must underwrite the performance capabilities and financial strength of a contractor. The SBA Bond Guarantee Program is designed to limit the risk to a surety on contractors that fit in the program. This generally allows a surety bond underwriter to approve more bonds for smaller contractors that might not have otherwise qualified on their own for bonding.

Contractor steps to enter the SBA Bond Guarantee Program

  • CCI Surety will determine if the contractor qualifies for the SBA Program based on the size of the contractor and the size of the project among other factors
  • CCI Surety will provide any documents required to enter the program during the underwriting process and throughout the contractor’s time in the program
  • The contractor is not required to be involved in any other SBA Programs
  • CCI Surety will provide invoicing, collection and payment for any required SBA Fees

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

If you have any questions or need more information don’t hesitate to contact us. Jim Dillenburg [email protected] 866-317-3294

map-8.28.2014

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. 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 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. 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

BMC-84 Bond Renewal

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

$75,000 BMC-84 Bond  Renewal

 

1 Page Application – No Financials Required

In 2013, the FMSCA increased the bond requirement for BMC-84 (Formerly ICC Freight Brokers) Bonds from $10,000 to $75,000. Starting in July and August, freight brokers and their insurance agents will start receiving renewal notices for their BMC-84 Bonds.

It is important that you keep your clients by making sure you have the lowest quote available. Sureties that have written many of these bonds may be offering lower rates than they did in 2013 when these bonds were first raised to $75,000.

BMC-84 Bond Application

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

If you have any questions or need more information don’t hesitate to contact us. Jim Dillenburg [email protected] 866-317-3294

map-8.28.2014

Our Home Office handles bad credit 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. 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 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. 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

BMC-84 Bond – New Company

Written by Jim Dillenburg on . Posted in Uncategorized

$75,000 BMC-84 Bond – New Company

 

1 Page Application – No Financials Required

Last fall, the FMSCA increased the bond requirement for BMC-84 Bonds from $10,000 to $75,000. The original deadline to acquire the bond was October 1st, 2013. During that time many freight brokers rushed to their insurance agents to place these bonds and many surety markets were not interested in them.

This spring, as construction season gets underway, we are seeing another uptick in BMC-84 Bond requests as new companies look to get bonded. Many companies may also have chosen not obtain the larger BMC-84 bond if they were not going to be doing business during the winter, but now must obtain bonding before they can begin work this spring. In any case, we are still competitively quoting BMC-84 Bonds including quotes for newly formed companies.

BMC-84 Bond Application

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

If you have any questions or need more information don’t hesitate to contact us.

Jim Dillenburg
[email protected]
866-317-3294

All commercial bond business (including BMC-84 Bonds) are handled through the home office.

All commercial bond business (including BMC-84 Bonds) are handled through the home office.

Our Southeast Region office handles bad credit bond situations in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, and South Carolina.

Our Home Office handles bad credit 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.

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 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. 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 Surety Bond Guarantee Program Results $1.2B

Written by Jim Dillenburg on . Posted in Uncategorized

$1.2 Billion in Contracts Awarded to Small Construction Firms in 2013

Story Below from Times Record News

Original Story

With the help of the Small Business Administration’s Surety Bond Guarantee Program, small construction firms were awarded in fiscal year 2013 more than $1.2 billion in contracts, the SBA reported. This number represents a 61 percent increase over fiscal year 2012.

The SBA also guaranteed bonds for public and private contract bids valued at $4.9 billion, resulting in a total contract amount of more than $6.1 billion.

“The Surety Bond Guarantee program, along with our loan programs, provides small businesses with significant opportunities to grow and create jobs, which translates into stronger local economies,” said Ann Marie Mehlum, SBA Associate Administrator for the office of Capital Access, which oversees the SBG program. “2013 was a banner year and we look forward to an even better 2014 helping small businesses bid for and obtain contracts.”

The SBA guarantees bid, performance and payment bonds issued by surety companies. This guarantee encourages surety companies to bond small businesses who are having difficulty obtaining bonding on their own. For the past seven years, the Surety Bond program maintained a steady upward trend in every key measure, including the number of bond guarantees issued, contract dollars awarded to small businesses and number of small businesses assisted. To assure continued growth of the program, SBA implemented several enhancements geared toward streamlining the underwriting process and providing easier access for surety companies in the eastern part of the country.

The Quick Bond Guarantee Application can be used for contracts valued at $250,000 or less and reduces the majority of paperwork and other underwriting information required of sureties and small businesses on larger contracts. The Quick App allows SBA and surety companies to issue bonds faster for small businesses.

CCI Surety – SBA Surety Bond Guarantee Program Leader

In 2012 CCI Surety was the SBA National Surety Bond Producer of the Year. CCI Surety has continued to be a leader in SBA Business and has been a positive force in shaping the SBA Surety Bond Guarantee Program into a program that is more accessible and applicable to projects that small construction firms typically bid on. Make sure you are working with sureties and agencies that are adept at utilizing the SBA Surety Bond Program.

SBA Quick Application

CCI Surety SBA Bond Program Application

For more general information, visit the SBA website.

James Dillenburg

[email protected]

Contract Bonds: Alabama Surety Bonds are handled through our Southeast Office, All Commercial Bonds are handled in the Home Office.

The SBA Quick Program can be utilized by CCI Surety in all 50 States.

SBA Quick Program Update

Written by Jim Dillenburg on . Posted in Uncategorized

SBA Quick Program Update

As of February 12, 2014 the SBA Quick Program has been expanded to include projects with 2 year maintenance periods. In addition, liquidated damages up to $1,000.00 per day can also be accepted in the program. This program is beneficial for small contractors and can help them build a bond history on larger projects. Building a surety bond history will eventually help contractors obtain bonding on larger projects that require bonds. Contractors that are still developing their financial sophistication may be able to obtain bonds through this program as the develop their financial profile. The SBA Quick Program is designed to allow underwriters to take into account the big picture on a contractor without a specific credit score qualification. If a contract has a low credit score, or other financial issues, but the rest of the company history shows promise, the SBA Quick Program may provide a pathway back to standard surety bond markets.

Please contact us with any questions or for more information. Our application is available here:

SBA Quick Application

For more general information, visit the SBA website.

James Dillenburg

[email protected]

Contract Bonds: Alabama Surety Bonds are handled through our Southeast Office, All Commercial Bonds are handled in the Home Office.

The SBA Quick Program can be utilized by CCI Surety in all 50 States.

BMC-84 Bond

Written by Jim Dillenburg on . Posted in Surety Bonds

New $75,000 BMC-84 Bond

As the dust settles on the October 1st BMC-84 Bond rush, we are now into the next phase where sureties are now in a position to potentially back date bonds in order for Frieght Brokers required to obtain the to be in compliance with the new regulations. The new $75,000.00 bonds that have been completed are already in force but there are still new accounts looking to obtaining bonding during the FMCSA grace period and while sureties are still willing to backdate BMC-84 Bonds. We are still able to accept our one page application found below. This program issues bonds without collateral and does not require financial information. If there is financial information, especially CPA reviewed financials, then the rate could be reduced. There is still time to get BMC-84 Bonds issued and backdated to October 1st in order to be in compliance with the new regulations.

BMC-84 Bond Application

If you have any questions or need more information don’t hesitate to contact us.

Jim Dillenburg
[email protected]
866-317-3294

All commercial bond business (including BMC-84 Bonds) are handled through the home office.

All commercial bond business (including BMC-84 Bonds) are handled through the home office.

Our Southeast Region office handles bad credit bond situations in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, and South Carolina.

Our Home Office handles bad credit 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.

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 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. 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 3 x 5 program, which allows us to approve single bonds up to $300k and / or an aggregate program up to $500k, with just a two page application and no financials required.  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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