White Number Four On Stained Wood

4 Reasons You Might Need A Surety Bond

why do I need a surety bond

Most people never hear the term ‘surety bond’ until they are told they need one. Bonds, in a business context, are a guarantee for your customers that you will follow through with your obligations.

You can learn more about how surety bonds work.

A good rule of thumb is that if you are told you need a bond, you most likely do.

Here are the top four reasons you would need a surety bond.

Read More
Elderly Woman Sitting On Bed Looking Out Window

What Is A Patient Trust Bond And What Care Facilities Need One

what is a patient trust bond

Moving a loved one into a care home can be a difficult, but needed decision. Family members want to ensure they are choosing the best care facility possible for their loved one. This is especially important when the care facility will be offering assitance when it comes to funds.

Care facilities can show they are law-abiding and trustworthy by purchasing a Patient Trust Bond for their facility.

Family members can ensure their loved one has a recourse of mismanged funds by choosing a facility that holds a Patient Trust Bond.

Read More
Debt Free Just Ahead Green Road Sign

Can I Get A Surety Bond If I Have No Credit?

can I get a surety bond if I have no credit?

Having no credit means you do not have any credit history with one of the three nationwide credit reporting companies. Often, this means you haven’t taken any steps to establish your credit, such as opening a credit card account or taking out a bank loan.

Those with no credit are often called “credit invisible”.

While credit invisible individuals can take steps to establish credit, you might be on a tight timeline. Here’s what it means for surety bond if you have no credit.

Read More

How To Get A Maine Dealer License In 5 Easy Steps

maine dealer license


Are you ready to be a motor vehicle dealer in Maine? The Maine Bureau of Motor Vehicles (BMV) handles all auto dealer license requests.

You are legally allowed to sell up to 5 vehicles in a calendar year as long as those vehicles are titled in your name and used primarily for personal, family, or household use. It is illegal to flip any car for a profit that is not registered in your name.

Not sure if you need to get licensed? Check out this post on selling cars without a license.

 

Read More
California Farm Labor Contractor Watering Plants

California Farm Labor Contractor Bond

california farm labor contractor

Whether you are helping manage the labor needs of a small or large farm in California, you have responsibilities and duties as a farm labor contractor. You need to ensure your employees are working diligently while still being safe, and you need to make sure your employees are paid their wages on time.

To ensure these responsibilities are met, the state of California Department of Industrial Relations requires all California farm labor contractors to hold a California Farm Labor Contractor Bond.

If you are unsure if you need to get licensed and bonded, check out the Rules and Regulations for FLCs.

Read More
Two Architects Going Over Plans

How To Get a Nevada Contractor’s License

how to get a nevada contractors license

The Nevada State Contractors Board requires all contractors to have a license before they begin working in the state. This is to protect consumers from being victimized by unscrupulous individuals or companies.

Nevada does have limited reciprocal agreements with the state of Arizona, California, and Utah.  More information.

Here is a step-by-step guide on how you can get your Nevada Contractors License so you can be compliant and prepared.

 

Want to see how much a Contractor License Bond would cost you? Get a FREE Contractor License Bond Quote.

Read More
Woman Holding Elderly Mans Hands

What Is An Administrator Bond?

what is an administrator bond

An Administrator is a person appointed by a probate court when an individual dies leaving an estate but no will. An Administrator is appointed to oversee the deceased’s assets.

Managing an estate is hard, detail-oriented work. When you’re managing an estate on behalf of someone else, you need to ensure that you are both accurate and ethical.

To help ensure assets are handling properly, the court may require you to secure an Administrator Bond.

Read More
Back To Top