Do you want to win more bids and increase your revenue year after year? Call Surety Bond Professionals (781-559-0568) today and get access to the best surety programs on the market!
When it comes to solar power performance bonds, you must partner with a surety agency that has extensive experience in the industry! Surety Bond Professionals has a vast network of underwriters and bond companies, giving you access to more surety programs and payment terms. Moreover, they have a quick and easy application process with minimal paperwork!
Their application process increases your chances of securing contracts for commercial and industrial solar projects. For added convenience, Surety Bond Professionals allows you to begin your application online by filling out a form on their website.
Start your application today at https://www.suretybondprofessionals.com
As to the necessity of solar performance bonds and what ultimately determines the amount, the Surety Bond Professionals website states, “Any solar contractor can be required to purchase a performance bond as a condition for being awarded a contract. As the obligee, the project owner establishes the required bond amount, which typically is at least equal to the total project cost.”
Some of the details that you need to submit include information about the project you are bidding for, financial documents, and a complete rundown of projects you have completed in the past. The premium rate given to you depends on how good your credit history is, and for smaller companies, that may include your personal credit score. If the underwriters find that you have good credit, you can be eligible for a rate of 1-3% of the bond amount.
About the Agency
Surety Bond Professionals has access to over 25 surety markets and matches you with bonding companies suitable for your size, financial situation, and expertise. With 30 years in the business, they use a proprietary process that allows them to find the right surety programs for you.
“Surety Bond Professionals make the bonding process easy. They do it right the first time, which saves us time and money and allows us to secure the size jobs we want. The team is accessible, flexible, and easy to work with,” a satisfied client said.
With them, you are not just a number but a part of the agency's "business family." They set you up for success and allow you to be fully part of the process! A team member will even sit down with you to discuss the pros and cons of each program to ensure that you make the best decisions for your company. They guide you every step of the way and help you maintain a good relationship with the bond company.
Visit https://www.suretybondprofessionals.com to get started!
