Post by – Joe Allen – As Easy As 1-2-3 Submitting bonds to CCI is so easy, there’s no reason not to! Have an application already completed? Send it over. First time working with us? No Problem. CCI does not require agency appointments. Large Contract Programs ✯For Contractors Outgrowing Quick Programs✯ ✯Accounts Declined by Other Markets✯ […]
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 […]
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 […]
Post by – Joe Allen – New Year, New Bond Needs Michael Williams CCI Surety, Inc. Aimee Henard The Main […]
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 […]
Post by – Joe Allen – Spring is fast approaching and contractors around the country will be looking to place bid and performance & payment bonds of all sizes. CCI Surety has in-house underwriting authority of $3MM and under. Which means you will be working directly with the underwriter reviewing your account. CCI Surety, Inc […]
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 […]
This February we were excited to report the increases to the new SBA Bond Guarantee Program. In March, we are even more excited to report that we are already having success utilizing the program for bonds that would have previously been too large for the SBA Bond Guarantee Program. Most recently, our Florida Office was […]
All of the accounts we work on are non-standard, which means they always have at least some challenges. Even though we’ve had a long history of success utilizing the old SBA Guarantee Program limits, I was interested to see how working with larger contracts would go. Working closely with the SBA, agent, and contractor we […]
SBA Increases Project Size Limit to $10M – details: Previous Maximum $2M per project New Maximum Project Size $6.5M – On any bond, subject to normal underwriting consideration outlined in the previous SBA Guidelines $10M – Possible on any bond, subject to normal underwriting consideration outlined in the previous SBA Guidelines and performed for a […]
