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 […]

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 […]

PPP Loans and the SBA

Post by – Joe Allen – SBA Payroll Protection Program The NASBP website has posted important updates regarding the SBA Payroll Protection Program. “The new FAQ states that borrowers that receive PPP loans in the amount of less than $2 million will be deemed to have made the required certification concerning the necessity of the […]

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 […]

SBA Program Limit Increase

Post by – Joe Allen – Effective August 19, 2019! The SBA has increased the size standards for their Surety Bond Guarantee Program! Previous limits: GC/Heavy Highway – $36.5MM Specialty Trades – $15MM New Limits: GC/Heavy Highway – $39.5MM Specialty Trades – $16.5MM SBA Quick Program – $400,000 and Under     Large Contractor Program – […]

Contract Surety

Post by – Joe Allen – Subdivision – Reclamation – Maintenance – Bid – Performance & Payment – Supply Stuck with collateral offers? Looking to grow out of a quick program? New business looking to obtain bonding? Project already started? Declined by Standard Carriers? If any of the above pertains to your contractors, give us […]

Small Contractor Program

Post by – Joe Allen – Many contractors are new to bonding or focusing on smaller projects in order to grow their business. CCI Surety’s Small Contractor Program was created to get your contractors on the job quickly, with minimal paperwork involved. If your contractor has been declined due to credit or experience, let us […]

Spring Contractor Bonding

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 […]