Ask the Surety Pro
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 ...
Is it easier to qualify for IRS COVID-19 Employee Retention Credits (ERCs) for tax year 2020 or 2021?
https://www.youtube.com/watch?v=FMhnuxoMlN8 Craig Brogan, CPA, an outside contributor to AC Surety discusses how contractors can determine if they’re eligible to receive a significant ...
Can Construction Companies Still Apply for an IRS Employee Retention Credit (ERC) In 2022?
Craig Brogan, CPA, Principal at Brogan and Company, LLC, discusses how contractors may be eligible for up to $7000 per employee in credits ...
Accounts Receivable Collections-Real Stories from Real Contractors!
Anderson & Catania Co-Founder, Richard Anderson, offers another inspiring AR collection story from the front lines! We love helping our contractor clients ...