Surety Briefs
file claim surety bond 1200x480

Disputes are a matter of fact sometime during the lifetime of a construction company. It’s probably more likely for contractors who travel, entertain complex projects, deal with numerous private owners, architects, etc.

letter of credit risks surety support systems 1200x480

Let’s be honest. There are occasions when construction parties aren’t required to obtain bonds and an LOC (letter of credit) might seem like a good option. The process of an LOC is simple: It is a promise by the issuer to pay the beneficiary on behalf of the applicant.

Think you know everything about the benefit of bonds? Here are a few other services they provide that you might not know about:

1. Weed out the underqualified partners: The underwriting or prequalification process weeds out unreliable contractors and subcontractors and ensures only qualified companies receive the contract awards.

2. Give the project owner much-needed insight: The underwriting or prequalification process allows the project owner to determine who is bondable and who is not. If a contractor is not able to get bonded, there is usually a good reason why, and project owners should be cautious.

SBA surety support services 1000x480

A Small Business Administration proposal to streamline two key loan programs is getting largely positive feedback from lenders and will help contractors looking for loans. If you are a contractor in the need of a loan, consider the SBA.

Contact Us

About Us

For Over 40 Years Surety Support Services Inc. has provided surety-only services to contractors, insurance agents, brokers, and all types of businesses – large and small – with their bond needs. You can be assured that we will make every effort to provide the bonds required.

NASBP Member Logo

Our Address

Surety Support Services, LLC.
7255 West 98th Terrace, Suite 170,
Overland Park, KS 66212
PO Box 12368, Overland Park, KS 66282