Commercial Surety News and Updates – 10/9/2020

Post by – Joe Allen – Upcoming Bond Changes and Renewals ✯Alabama Motor Vehicle Dealer Bonds✯ As of 10/1/2020, this bond increased to $50,000 ✯Nebraska Motor Vehicle Dealer Bonds✯ Upcoming 12/31 expiration date We have been seeing an increase in: ✯BMC-84 Bonds✯ ($75,000 ICC Broker Bonds) ✯Business Service Bonds✯ (Janitorial, home health care services, handyman […]

Our Southeast Team is a great referral resource for Standard Markets!

Post by – Joe Allen – The CCI Surety Southeast Team Brad Quiri                          Amanda Quigley                             Matt Clark BQuiri@ccisurety.com          AQuigley@ccisurety.com         MClark@ccisurety.com Writing non-standard surety […]

SBA EIDL Loans

Post by – Joe Allen – SBA EIDL Loans and Your Contractors Far too many contractors do not have the information they need regarding SBA EIDL Loans (Economic Injury Disaster Loans) and how they can help. These loans have massive benefits which can allow contractors to operate as normal and secure bonding for future projects […]

The New Normal

Post by – Joe Allen – The New Normal As our economy is changing, many standard markets are experiencing restrictions associated with revised underwriter guidelines. Combine this with changes to your clients credit or financial documents and declination’s are only a matter of time. If your bond is declined, CCI Surety is ready to help! […]

Contract Surety Declinations

Post by – Joe Allen – We can turn that NO into a YES!   If you have an upcoming Bid or Performance & Payment bond and you’re worried your contractor may lose out due to timing, let us know! Is your contractor being declined due to poor credit or financials? Are you having issues […]

CCI Surety Can Ease Your Workload

Post by – Joe Allen – Let’s Fight This Together! During these challenging times, CCI Surety is here to help. Bonding can be a tedious and time consuming task, often forcing you to prioritize one client’s needs over another. Our dedicated and experienced team is ready to simplify the process. We can ease your workload […]

Declined Bond Accounts

Post by – Joe Allen – Are you working on a Bid or Performance & Payment Bond? Has your standard market declined your account? CCI Surety can help with declinations due to: ✯Bond Size✯ ✯Bond Type✯ ✯Negative Working Capital✯ ✯New Business✯ ✯Poor Credit✯ ✯Poor Financials✯ Already have a completed submission from another market? Send that […]

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 […]

2020 Bonds Needs

Post by – Joe Allen – Happy Holidays From CCI Surety, Inc.   CCI Surety would like to thank everyone for another great year!   As we enter into 2020, be sure to address your clients upcoming bond needs. Any hesitations open an opportunity for someone else.   Whether you have a contractor declined due to […]