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 […]

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 […]

Still thinking about who to refer to?

Post by – Joe Allen – Still thinking about who to refer to? CCI Surety has had the privilege of being a referral resource for many standard market underwriters throughout the country for 20 years. We are licensed in all 50 states and can assist in contract and commercial bonding.   You may be thinking: […]

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’s Quick Program is Active!

Post by – Joe Allen – Small Contractor Quick Program With the current market fluctuating, CCI Surety is targeting small contractors who no longer fit into their standard carriers’ quick program. Has your contractor lost surety support? Have they been declined by other credit-based programs due to a low credit score or financial document requirements? […]

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 […]

CCI Surety Coronavirus Update

Post by – Joe Allen – Update As the Coronavirus (COVID-19) continues to affect our communities and daily lives, we can assure you that CCI is still providing the best level of customer service to our clients. Should the need arise for us to refrain from coming to the office, we are fully capable of […]

Upcoming Renewals & Appetite

Post by – Joe Allen – CCI Surety, Inc. can help with a variety of commercial bonds! Feel free to reach out to Michelle or Allison in our commercial department at any time for new and non-renewing bond needs! Michelle Anderson (866)317-3294 manderson@ccisurety.com Connect on LinkedIn Allison Lemke (866)317-3294 alemke@ccisurety.com Connect on LinkedIn Upcoming Renewals […]

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 […]