You will pay anywhere from 1-15% of your total surety bond cost. How can you get closer to the 1% rate?
Choosing the right surety bond company is one of the best things you can do to lower your surety bond cost, but there are many things you can do on your own.
Short on time? Read about the 12 influences of Surety Bond cost.
So you are starting a new business and you need to get licensed and bonded, but your credit isn’t that great. For individuals with bad credit, surety bond costs can increase dramatically, and fast.
If you are applying for a business license, you may be required by your state government to obtain a surety bond to guarantee you will operate your business in compliance with state regulations.
If you have good credit and need to obtain a surety bond, you’ll have an easier time. In short, your credit score affects how much you’ll have to pay for your bond.
Here’s what you should know about your credit score and your surety bond rate.
An auto dealer bond protects customers from fraud or misrepresentation during a business transaction. If a car dealer does not follow rules and regulations, someone can make a claim on your bond.
Not sure if you need to get licensed? Check out this post on selling cars without a license.
Surety bond cost is influenced by many factors. Some factors can be controlled, while others cannot. Here are the top influences of surety bond cost and what you can do about them.
Surety bond costs can vary widely from bond to bond. Some bonds are as inexpensive as the 4-year Kentucky Notary Bond which you can get for $30. That is literally 2 cents a day spread over the lifetime of the…
There are four clear-cut expenses that you will incur if you chose to obtain a Washington Contractors License. Some of the expenses (like WA Contractor Bonds) will vary depending on the specific license you pursue. Here is a run-down of the expenses that you can expect to incur as you get your WA Contracting Business up and running…
Short on time? Check out our Contractor’s License FAQ page.
How much does a Conservatorship Bond cost? Conservatorship can be costly because there are fees that are incurred before conservatorship is actually established by the court, and also ongoing fees that continue during conservatorship.
Want more information? View our FREE “Everything You Need To Know About Conservatorship Bonds.”