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What is a Saugerties, NY-Contractor License Bond?
Different types of construction contractors in New York need to obtain a contractor license bond, or else they'll be unable to work legally. License bonds are an indicator of your company's trustworthiness and act as insurance for the client if any fraudulent actions occur during project completion.
Are you looking for a contractor license bond?
Swiftbonds is the leading provider of contractor license bond in Saugerties, NY. We offer fast and easy bonding services to contractors who need it most. Our company has been providing this for years and we are proud to say that we have never had an unsatisfied customer!
If you're looking for a reliable contractor license bond, then look no further than Swiftbonds. We will get your application processed quickly so that you can start working on your next project right away! Fill out our online form today to see how much time and money you could save with us by your side.
Why is the Contractor 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. Get a Sullivan County, NY-Precious Metal and Gem Dealer ($2,000) Bond.
How does a Contractor License Bond work?
Getting a Contractor 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. Read a Suffolk County, NY-Septic Industry Bond.
How much does a Contractor License Bond cost?
Contractor 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 a Contractor 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 Suffolk County, NY-Precious Metals Dealer Bond.
How to get your Contractor License Bond?
Would you like to know the first step in getting your Contractor 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 Smithtown, NY-Township Solicitor Bond.