Ask the Surety Pro

Ask the Surety Pro

Ask The Surety Pro – Joe Catania Shares How Small Businesses Can Improve Their Financial Presentation & Expand Their Bonding Capacity

Apr 25 2025

Small business contractors can prove their financial strength to surety companies-even without the deep reserves of larger firms. In today’s episode of Ask The Surety Pro (1:09), Co-Founder & CEO Joe Catania shares key steps small businesses can take to improve their financial presentation and expand their bonding capacity.
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Ask The Surety Pro – Chris Ruck Shares How Personal Assets Can Impact Your Bonding Capacity

Apr 21 2025

Did you know a contractor’s personal assets can help increase bonding capacity? By serving as a backstop to company liabilities, personal assets reinforce financial strength in the eyes of a surety. In today’s episode of Ask The Surety Pro (0:53), our Vice President, Chris Ruck, shares how personal assets can positively impact a contractor’s ability…
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Ask The Surety Pro – Tony DeMartino On What Sets High-Performing Construction Companies Apart

Apr 9 2025

A successful construction company owner typically possesses a strong mix of business acumen, leadership skills, financial discipline, and industry expertise. In today’s episode of Ask The Surety Pro (1:07), Tony DeMartino, Surety Bond Producer, breaks down the key qualities that set high-performing construction company owners apart. Click to watch!
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Ask The Surety Pro – Rich Anderson Breaks Down How Sureties View Underbillings as a Red Flag

Apr 2 2025

A contract underbilling late in a project can mask cost overruns or unaccounted expenses. In today’s episode of Ask The Surety Pro (2:03), our Co-Founder, Rich Anderson, breaks down how sureties view underbillings as a potential red flag-especially as a project nears completion. Click to watch!
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Ask The Surety Pro – Joe Catania Shares the Costly Risk of Winning Bids Without Bonds

Mar 26 2025

Winning a bid at a lower price but failing to secure the required bonds can result in lost opportunities, damaged credibility, and sunk costs. In today’s Ask The Surety Pro (0:58), Co-Founder & CEO Joe Catania highlights the risks contractors face when they can’t provide performance and payment bonds after winning a bid.
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Ask The Surety Pro – Chris Ruck Shares How Advance Prequalification Enables Contractors to Obtain Bonds Quickly

Mar 20 2025

The surety bond prequalification process helps contractors bid competitively, secure larger projects, and build credibility with project owners. In the latest episode of Ask The Surety Pro (1:14), our Vice President, Chris Ruck, shares how advance prequalification enables contractors to obtain bonds quickly and seize new opportunities. Click to watch!
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Ask The Surety Pro – Rich Anderson on When a CPA-Audited Financial Statement Becomes Necessary

Mar 14 2025

Thinking about upgrading to a CPA-audited financial statement? In today’s episode of Ask The Surety Pro (1:50), our Co-Founder, Rich Anderson, breaks down when a CPA-audited financial statement becomes necessary for surety bonding and how it can help small and medium-sized businesses improve bonding capacity, build financial credibility, and access larger opportunities.
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Ask The Surety Pro – Tony DeMartino Explains How Surety Brokers Assess Project-Specific Risks

Mar 6 2025

A professional surety broker’s expertise goes beyond securing bonds-they serve as trusted advisors, analyzing project risks from financial, contractual, and operational perspectives. In today’s episode of Ask The Surety Pro (1:31), Tony DeMartino, Surety Bond Producer, explains how proactive surety brokers help contractors assess and mitigate project-specific risks to ensure smarter, more strategic decision-making.
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