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What is an Arkansas Commercial Contractor's License Bond ($10,000)?
The Contractors Licensing Board requires contractors to furnish a $10,000 bond for any work performed in the State of Arkansas. The bond guarantees that all rules and regulations will be followed during performance with penalties up to double damages if they are not complied with.
Swiftbonds is a company that provides bonds to people in need of them.
We provide bonds for many different purposes, including Commercial Contractor's License Bond and more. If you're interested in a bond, we can help!
We want to make sure you get the best service possible when it comes to your bond needs. That's why we offer competitive rates and fast turnaround times on all our services. Give us a call today!
Give us a call at (913) 214-8344 or fill out our contact form online now!
Why is the Arkansas Commercial Contractor's License Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Read a Arkansas Mortgage Broker $150,000 Bond.
How does an Arkansas Commercial Contractor's License Bond work?
Getting an Arkansas Commercial Contractor's License Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Get a Arkansas Mortgage Broker $200,000 Bond.
How much does an Arkansas Commercial Contractor's License Bond cost?
Arkansas Commercial Contractor's License Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get an Arkansas Commercial Contractor's License Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Here's a Arkansas Mortgage Banker $100,000 Bond.
How to get your Arkansas Commercial Contractor's License Bond?
Would you like to know the first step in getting your Arkansas Commercial Contractor's License Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Need a Arkansas Mortgage Banker $150,000 Bond.