Ask the Surety Pro

Ask the Surety Pro

Ask The Surety Pro – Chris Ruck Explains How Surety Brokers Help Contractors Meet Bid Deadlines

Anderson & Catania - Ask The Surety Pro – Chris Ruck Explains How Surety Brokers Help Contractors Meet Bid Deadlines
Watch the latest episode of Ask The Surety Pro where Chris Ruck, Vice President of Anderson & Catania, explains the pivotal role ...

Ask The Surety Pro – New Developments at Anderson & Catania for May 2024

Anderson & Catania - Ask The Surety Pro – New Developments at Anderson & Catania for May 2024
Check out the latest episode of Ask The Surety Pro, where Joe Catania, CEO and Co-Founder of Anderson & Catania, reveals exciting ...

Is My Construction Company Too Large To Consider The SBA Surety Bond Guarantee (SBG) Program?

Anderson & Catania - Is My Construction Company Too Large To Consider The SBA Surety Bond Guarantee (SBG) Program?
https://youtu.be/QL5nJFA71ys How big is too big for the SBA SBG Program? Gross annual revenue or total employee headcount can impact your ability ...

My Company Has A Low Net Worth. Can I Still Obtain Surety Bonds?

Anderson & Catania - My Company Has A Low Net Worth. Can I Still Obtain Surety Bonds?
https://youtu.be/c7DlaqfITYY Can low net worth prevent contractors from getting bonded? Net worth and working capital are the two primary factors that traditional ...

Should I Notify My Surety Company If I Plan To Sell My Company?

Anderson & Catania - Should I Notify My Surety Company If I Plan To Sell My Company?
https://www.youtube.com/watch?v=7y1YYFWlGCk Is it time for you to cash out of your business through an acquisition? We’ve seen quite a few construction company ...

Is My Bank Line of Credit Counted As Working Capital In The Surety Bond Underwriting Process?

Anderson & Catania - Is My Bank Line of Credit Counted As Working Capital In The Surety Bond Underwriting Process?
https://www.youtube.com/watch?v=PeOeW410XkQ As a surety broker, we’re often asked about how having a commercial bank line of credit can help contractors grow their ...

Are You Seeing Increasingly Larger Bid Spreads In 2023?

Anderson & Catania - Are You Seeing Increasingly Larger Bid Spreads In 2023?
https://www.youtube.com/watch?v=nhAh8K2pCKQ If you answered yes to that question, you’re not alone. So why are we seeing larger bid spreads in the current ...

I currently have negative working capital, and I need to bid on new projects. Can I still obtain bid, performance, and payment bonds? 

Anderson & Catania - I currently have negative working capital, and I need to bid on new projects. Can I still obtain bid, performance, and payment bonds? 
https://www.youtube.com/watch?v=21AyIJPXj6k That’s a great question that we sometimes get from our clients. Sometimes contractors get overextended in the normal course of business, ...