What is a Contract “Speedy” Bond?
Our Speedy Bond program is designed for rapid issue of bonds less than $400,000. Like other fast programs, initial underwriting is guided primarily by credit. However, credit is not the only factor, as references and work history are also taken into consideration. Our Underwriters may request a financial statement if the credit score does not meet minimum standards. The ValueSure Speedy-Bond program is flexible and fast. If your bond request does not fit within the “standard box”, we will do our best to find a way to write your bond!
Benefits of using the SBA Surety Bond Guarantee Program.
Using the SBA Surety Bond Guarantee Program for contracts under $400,000 allows you to win more, better paying jobs. Some of the benefits that we can offer you are:
- Offers bonding for small contractors or new contractors who have less working capital than the amount typically required by a surety
- Allows contractors to secure a larger bonding line
- Can reduce the need for funds control or collateral
- No financial statement requirements
- Online system has been streamlined for quick approvals
If you would like to begin the process please let us know! Fill out the form below and an agent will be in contact with you within 24 hours!