Ask Your Surety Pro – The One Financial Habit That Does the Most to Grow Your Bonding Capacity

If you own a construction company and want to increase your bonding capacity, one financial habit matters most: consistently taking profitable work.

In this episode of Ask The Surety Pro, Joe Catania, CEO and Co-Founder of Anderson & Catania, explains why profitability is essential to building a stronger surety bond program. Growing revenue is important, but profitable projects generate the earnings that strengthen working capital and net worth, two key measures surety underwriters evaluate.

The takeaway: focus on profitable work by establishing clear standards for overhead and profit margins on every project.

⏱ Watch time: 1:03