Real Examples of Bonds We Issued and How

Post by – Joe Allen – Real Examples of Bonds We Issued and How CCI Surety can help many different types of contractors with various bond types and sizes. Here are some real life scenarios we’ve received and how we were able to assist.   $866,000 Bid bond ✯Large company with few bond needs✯ ✯Project […]

SBA 50 Year Anniversary Virtual Conference

Post by – Joe Allen – The Office of Surety Guarantees will be holding their 50 year anniversary virtual conference on September 24th & 25th! If your agency is new or experienced in the surety industry, you don’t want to miss this. Registration is now open! Join SBA Chief of Staff William Manger, OSG Director […]

When One Door Closes, Another Opens

Post by – Joe Allen – When a standard underwriter declines an account,  agents typically proceed to look for other options. Sometimes, those other options can be direct competition. CCI Surety, Inc. is a non-standard bond market specializing in bond accounts that are declined by standard markets. We do not compete with standard markets. Rather, […]

New Year, New Bond Needs

Post by – Joe Allen – New Year, New Bond Needs                    Michael Williams                  CCI Surety, Inc.                    Aimee Henard                     The Main […]

New SBA Guildlines

Post by – Joe Allen – CCI Surety Can Help Rapidly Growing Contractors! ✯ Five-Year average revenue is now an option✯ ✯ Three-Year average revenue can still be used✯ ✯ We can review existing accounts under the new guidelines✯ Effective January 6th, 2020 new rules will be implemented when calculating a contractor’s size in the SBA Bond Guarantee […]

Upcoming Renewals – Jan 1st, 2020

Post by – Joe Allen – Upcoming Renewal – January 1st, 2020 $25,000 Minnesota Pipe Laying Surety Bond ✯Instant Issue✯ Application If you have any new accounts needing a quote or current accounts being non-renewed, give us a call today! Contact CCI Today! Have a completed submission from another market? Send it over! Simply email […]

Commercial Bond News and Renewals – 10/22/2019

Post by – Joe Allen – Upcoming Bond Renewals – 12/31/2009 Illinois ✯Designated Agent✯ ✯Residential Mortgage License✯ Indiana ✯Mortgage Broker✯ Louisiana ✯Motor Vehicle Dealer✯ Michigan ✯Mortgage Loan Originator✯ Montana ✯Motor Vehicle Dealer✯ Nebraska ✯Collection Agency✯ ✯Motor Vehicle Dealer✯ ✯Motorcycle Dealer✯ ✯Wholesaler✯ Oklahoma ✯Motor Vehicle Dealer✯ Texas ✯Comptroller✯ Market Update CCI Surety now has the capability […]

Commercial Bond Updates – MN

Post by – Joe Allen – Minnesota Post Secondary Surety Bond Update New schools that have been granted conditional approval for degrees or names need to provide a surety bond. This will allow them the opportunity to apply for and receive accreditation under Minnesota Statutes section 136A.65, subdivision 7. The sum of the bond is […]

SBA Quick Bond Program

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 […]

BMC-84 Bond Renewal

$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 […]