Contractor Success Forum

How to Increase Your Surety Bond Credit


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You got that dream job, but it needs be bonded. Can you get it bonded? Are you over your bonding capacity? Is there anything you can do to increase your bonding credit? Find out this week.

Topics we cover in this episode include:

  • Draft and interim financial statements
  • Cash, character, and capacity
  • How to get bonding credit as a new contractor
  • Bonds and personal collateral
  • Start your relationship with a bonding company before you need a bond

LINKS

Visit the episode page at https://carpentercpas.com/capacity for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

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Contractor Success ForumBy Contractor Success Forum

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