Ask the Surety Pro

Ask the Surety Pro

Growth Strategy Trends Within the Construction Industry

Growth Strategy Trends Within the Construction Industry

Sep 3 2020

Senior Surety Bond Broker & Advisor at Anderson and Cantania Surety Services, Chris Smith, discusses growth strategy trends within the construction industry with Johanna Quintero on Episode 6 of Smartvine Podcast. (video transcript) Introduction: Welcome to the Smartvine Podcast where we bring together the art and science of building a better work culture by aligning your…
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How Important is it to Work with a CPA Who is Well Versed in Surety?

How Important is it to Work with a CPA Who is Well Versed in Surety

Aug 13 2020

Your financial statements are only as accurate as the accountant who prepares them. It’s important to work with a CPA who is construction-savvy and knowledgeable about construction accounting. What Interview Questions Can Be Used to Make Sure A CPA Is Construction-Savvy? Joseph Catania, President of Anderson & Catania Surety Services, LLC (jcatania@acsurety.com), suggests that you…
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How Do Surety Companies Evaluate a Contractor’s Working Capital?

How Do Surety Companies Evaluate a Contractor’s Working Capital

Jul 30 2020

Brent Headley of Anderson & Catania considers working capital to be one of the most important financial considerations in determining a contractor’s bonding program. How Much Working Capital is Needed to Support a Bonding Program? Working capital is the balance between a contracting company’s current assets minus its current liabilities. “Typically speaking, your standard surety…
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What Should Contractors Do to Make Sure a Meeting with a Surety Company Produces the Best Results?

What Should Contractors Do to Make Sure a Meeting with a Surety Company Produces the Best Results

Jul 8 2020

An underwriter wants to see your whole organization. The CPA presentation is important, but the underwriter truly wants to get to know your passion for the construction industry, talk about your experience, get to know your personnel and their experience, what job sizes you can handle, discuss positive references on completed contracts, and understand the…
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