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What we can do for you

Bond

Reduce the risk of financial loss – Guarantee performance and payment – Guaratee credibility of business people and making sure they follow the laws governing their field.

Contract Bonds

Guarantee the performance and or payment of the obligations under contract.

Court Bonds

Reduce the risk of financial loss or even ensuring fulfillment of a court-appointed task

Commercial Bonds

Guarantee the credibility of business people and making sure they follow the laws governing their field

Non-Standard credit Bonds

Reserved for those individuals or businesses with credit or experience which does not qualify them for the standard surety bond market.

What is a Surety Bond?

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Suretyship is a contractual relationship whereby one party, a surety, agrees to answer for the debt, default, or miscarriage of another, a contractor.

Most surety business is simply about guaranteeing. In the old days, when you knew the cobbler next door, you knew that he would do a good job making a pair of shoes for you. In the event there was a problem you would go back and have him correct it.

As our cities grew, it became increasingly more difficult to go to the professional next door to get the job done. Since you no longer knew who was doing the job but still wanted some way to guarantee that the job would be performed correctly, a surety bond was supplied. If the job was not performed properly, the surety company would step in and hire someone else to finish that job.