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

Posts Tagged ‘Bad Credit Bond’

Biggest Quick Bond Program

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

Biggest Quick Bond Program

How to get biggest quick bond program

Quick programs work very well until you reach the upper limit of the bond program. Moving your client from one credit based quick bond program to another and searching biggest quick bond program is one option. Inevitably, even the biggest quick bond program will have a cap. Rather than a constantly moving your account to different sureties in a never ending search for the biggest quick bond program, you can set them up in a dynamic program with CCI Surety. We will start your contractor off in a quick bond program only if necessary. Our underwriters are experienced in growing with contractors that have some challenges. As soon as your contractor is ready for larger projects we can start increase their line, even without CPA Prepared financials.

Declined by biggest quick bond program

You may also work with contractors that get declined by a quick bond program before even getting to the biggest quick bond program. CCI Surety also specializes in working with contractors that have been declined by quick bond programs. CCI Surety’s programs could include contractors with low credit scores, past financial difficulties, or lack of financial sophistication. We have flexibility to find the biggest bond program possible for your contractors, even with challenges.

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

Small Contractor Surety Bond Program

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

Small Contractor Surety Bond Program – $400,000 and Under

Small Contract Applications– For Projects $400,000 and under

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

No Credit Score Minimum

CCI Surety, Inc. utilizes multiple tools to handle contractors that have low credit scores but still require bonding. We still review credit history to determine the extent of ongoing problems and to make sure the credit issues are being addressed. We have underwriters dedicating to working with contractors on projects this size and try to give any options available for Bid, Payment & Performance bonds.

Other Types of Bonds

Small contractors also have other bond needs that may come up. CCI Surety, Inc. also has a dedicated commercial bond department that handles a variety of surety bonds for small contractors including License & Permit bonds

Larger Contractor Bond Programs

Contractors with bond needs ranging for $400,000 to $6,000,000 may also be bonded through CCI Surety. Our target range is typically surety bonds for projects $3,000,000 and under. We can handle many larger bond situations without CPA financials.

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

Small Contract Applications– For Projects $400,000 and under

Contract Bond Application – For Bonds larger than $400,000

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

 

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 Small Contractor Surety Bond Program don’t hesitate to contact us. – Jim Dillenburg [email protected] 866-317-3294

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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 $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 – 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

Bad Credit Bond

Written by Jim Dillenburg on . Posted in Uncategorized

How To Handle Bonds in Bad Credit Situations

Bad Credit Bond situations come in many forms and we see a lot of accounts that have bad credit or other challenges. Obtaining a bad credit bond can be challenging for contractors and insurance agents that do not have a relationship with a surety that handles bonds in a bad credit situation. CCI Surety handles bad credit bond accounts on a daily basis and our underwriters are trained to look beyond the bad credit score to look for opportunities to write 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 bad credit bond situation into an opportunity. There are many ways to get started if you are facing a bad credit bond need. You can call CCI Surety directly or use the ‘connect with an underwriter’ area on this page. It is also possible to get started with the applications below:

Bad Credit Bond – Commercial Application

Use this application when a common commercial bond is needed.

 

Bad Credit Bond – Performance Payment Application

Use this application for bid, or payment and performance bonds.

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

 

Jim Dillenburg
CCI Surety
[email protected]

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

CCI Surety handles bonds in all 50 states. All commercial bond business (including BMC-84 Bonds) are handled through the home office.

 

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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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.

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