Ask the Surety Pro
How do bonding companies evaluate job risk?
https://www.youtube.com/watch?v=LHDMfTP21eA Risk is a part of life, and that’s especially true in the contracting industry. So how do surety bond companies evaluate ...
The Anderson & Catania surety team welcomes Chris Ruck, the latest addition to our team of dedicated surety professionals.
https://www.youtube.com/watch?v=DREQEzwG4pU Anderson & Catania is proud to announce the latest highly experienced, highly respected surety professional to join our team. Chris Ruck ...
What special talents and qualities do you always expect to see in successful construction company owners and operators?
https://www.youtube.com/watch?v=gjSuIs0wFo8 In the surety services business, we often marvel at contractors who gain a high level of success in the ultra-competitive construction ...
Can contractors use the SBA’s Surety Bond Guarantee Program to bond a single project?
https://www.youtube.com/watch?v=0Y4oL3nyp9I Typically your surety services partner is going to look at your overall working capital when evaluating a surety bond, but that’s ...
When Do Underbillings Become a Concern for Bonding Companies?
https://www.youtube.com/watch?v=vQginOwesfE An underbilling can be caused by something as simple as missing a billing cycle or as significant as an omission on ...
What Do Construction Bankers Look for When Reviewing A Working Capital Line of Credit Loan Application?
https://www.youtube.com/watch?v=yDlQy87Bm5E&feature=youtu.be Bryan LePage, Vice President and Relationship Manager at M&T Bank, is an outside contributor to AC Surety. Today Bryan discusses the ...
Can an Owner or Shareholder Distribution Impact My Bonding Capacity?
https://www.youtube.com/watch?v=5LLiW-TP5I4 Construction company owners and shareholders often ask us about the impact of shareholder distributions on bonding capacity. And the answer may ...
Why is My Bonding Company Asking for a Continuity Plan?
https://www.youtube.com/watch?v=WjAEUwf4wp4 Surety bond companies need to know that projects will be completed in the event of an untimely death, extended absence, or ...