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 […]

Southeast Office – Real examples of how we write contract bonds

Post by – Joe Allen – Have you received a declination and don’t know where to go?   Are you wondering how we can help your contractor?   Below are real bond needs and how CCI’s Florida team helped: ✯ $4.6M P&P bond approved with 30% collateral: In-house financials with negative Working Capital and Equity, but they […]

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 […]

Commercial Bond News and Renewals 8/21/2020

Post by – Joe Allen – Meet the CCI Surety Commercial Bond Department! Michelle Anderson ✯ Allison Lemke ✯ Kayla Snook ✯ Alex Kissell ✯ Jonathan Kraskey Upcoming Commercial Bond Renewals ✯$10,000 FL recreational dealer bonds- 9/30 renewal✯ ✯$5,000 DC refrigeration and air conditioning license bonds- 9/30 renewal✯ ✯$75,000 ICC Broker (BMC – 84) bonds- Common 10/1 renewal✯ We have been seeing an […]

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 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 […]