SBA Program

SBA Bond Program Award – Top Performing Bond Agency

In a press release from the SBA on January 22nd, 2020, CCI Surety was once again listed as the Top Performing Bond Agency. CCI Surety utilizes the SBA Bond Guarantee (SBG) Program to help contractors that have a difficult time obtaining bonds. You can see the press release on the SBA website.

SBA Bond Program – Meet CCI Surety Underwriters

The SBA Bond Guarantee Program is designed to help small businesses obtain the bonds they need to participate on larger projects that require bonds. In recent years the program has been streamlined to help make it more accessible. CCI is experienced in utilizing the program and helps many contractors each year obtain bonds they might not have otherwise been able to obtain.

CCI Surety is a national leader in utilizing the US SBA Bond Guarantee Program

Small Contractor Program Application – Projects $400,000 and under

Contract Application – Projects over $400,000

SBA Bond Requirements

Project Size

Up to 2x the largest completed project. $6.5M single bond maximum on all contracts and up to $10M on federal projects.Up to 15x-20x available working capital (for all projects).

Current unused Bank Lines of Credit are included as working capital.

Contractors with negative working capital may also be eligible using additional tools.

Business Size

Allowable business sizes are based on total sales and the number of employees and are determined by the company’s NAICS code. Total sales can be as much as $33.5M in some cases.

Financial Documents

Small contractors have varying levels of financial reporting and the SBA Bond Program allows for varying levels of reporting based on contract size. One time exceptions to standard financial requirements may be allowed for some SBA Bond requests.


– Fiscal Year End (FYE) statement prepared within 90 days
– Minimum 6-month interim statement
– Bank line verification

Financial Statement Requirements:

Project Size FYE Interim Description
Under $400K No Financials No Financials SBA Quick Program
$400K to $1.0M In-House In-House (Standard requirements)
$1.0M – $2.0M In-House* In-House* *AP/AR Aging Reports, Current Long-term Debt, Year to Year Tracking
$2.0M – $3.0M Review Compilation (Standard requirements)


Additional Tools

(For Negative or Insufficient Working Capital)
Escrow Agreements/Funds Control + 5% Escrow Deposit: The SBA Bond Program recognizes the value of utilizing escrow agreements and funds control to potentially mitigate risk on projects. SBA Bonds can be issued by utilizing an escrow agreement and funds control process in addition to a 5% working capital deposit into the escrow account. This allows CCI Surety to potentially issue an SBA Bond on accounts with negative working capital.

Additional Options

Although not typically used, additional forms of collateral or other considerations such as third party indemnity can also be utilized to approve a contractor for SBA Bonds.

Please Note 

We can always get started working on SBA Bond submissions or applications that you have already prepared for other markets.

CCI Surety, Inc. specializes in SBA bonds that may have previously been declined by other sureties. We use tools which allow us the freedom to think outside the box with our underwriting strategy. CCI Handles difficult accounts using funds control, SBA Surety Bond Guarantee program and working capital deposits as different options to get the bond approved. CCI can also provide SBA Bonds through the SBA Quick Program which utilizes a short application and no financials required.

Contract SBA 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 Bonds

  • 2017 Top National Producer of SBA 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