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What is a Maintenance Bond?
As traditional bonds, maintenance bonds are purchased by contractors to protect the owner of a completed construction project. However they differ in that these types of surety bond ensure against defects and faults which could arise during warranty period for a specified time frame. Maintenance Bonds often require on state or public construction projects but less so private jobs as well.
What is a Guarantee Bond?
Guaranteed bonds are a type of debt security that offer secondary guarantees. They can be backed by a bond insurance company, a fund or group entity, a government authority, or the corporate parents of subsidiaries and joint ventures issuing bonds. If you're looking for stability in your investment portfolio without sacrificing return potentials, guaranteed bonds may be just what you need!
Do you need a bond for your company?
Swiftbonds is a leading provider of surety bonds. We offer the best rates, fastest service, and most professional customer service in the industry. Our goal is to make sure that we are always there when you need us.
If you’re looking for an easy way to get bonded quickly, call or email us today! We can help with any type of bonding requirement – from construction site safety to general liability insurance. You can even apply online! It only takes minutes and it's completely free.
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Why is the Genesee County, MI – Maintenance and Guarantee 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 Genesee, MI – Sanitary Sewer or Water Lines Fidelity and Performance ($10,000) Bond.
How does a Genesee County, MI – Maintenance and Guarantee Bond work?
Getting a Genesee County, MI – Maintenance and Guarantee 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. Have a Genesee County, MI – Soil Erosion Bond.
How much does a Genesee County, MI – Maintenance and Guarantee Bond cost?
Genesee County, MI – Maintenance and Guarantee 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 a Genesee County, MI – Maintenance and Guarantee 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. Get a Genesee County, MI – Soil & Sedimentation Permit Bond.
How to get your Genesee County, MI – Maintenance and Guarantee Bond?
Would you like to know the first step in getting your Genesee County, MI – Maintenance and Guarantee 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. See a Genesee County, MI – Sewage Disposal Contractors License Bond.