We all want to do business with people and companies of good character, but getting to know a customer can take time. Our job as a surety services company is to establish surety bonding credit for our contractor clients.  And while the character of our clients is super-important, sometimes we don’t always see their true…

What you need to know about the SBA’s Surety Bond Guarantee Program, aka the SBG. The SBG program is highly beneficial as it enables contractors to obtain surety bonding for projects that would typically not be available to them. The SBG program is an excellent program for contractors and surety companies alike.  Find out why…

Surety companies will periodically need to see their construction company clients’ financial statements. Here’s what you need to know. Surety companies need to monitor the financial health of their clients for the duration of a bonded project. We always want to ensure your profitability first and help keep you out of any potential danger zones…

Risk is a part of life, and that’s especially true in the contracting industry. So how do surety bond companies evaluate project risk? Having aided our clients with surety services for more than thirty years, we have gained valuable insights from our contractor clients. One of the most significant insights we’ve gained pertains to how…

Anderson & Catania is proud to announce the latest highly experienced, highly respected surety professional to join our team.  Chris Ruck has over 30 years of surety industry experience serving commercial and government construction companies. He has worked extensively with surety companies and underwriters to service clients ranging in size from Global 1000 firms to…

In the surety services business, we often marvel at contractors who gain a high level of success in the ultra-competitive construction industry. We’ve been serving our construction company clients with their surety bonding needs for over three decades. And we never cease to be amazed at the qualities that construction company owner-operators demonstrate—day after day…

Typically your surety services partner is going to look at your overall working capital when evaluating a surety bond, but that’s not always the case. In the contracting business, we recognize that a contractor’s overall working capital can fluctuate based on the completion stages of different projects, payment cycles, and many other factors.    That’s why…

An underbilling can be caused by something as simple as missing a billing cycle or as significant as an omission on a project estimate, and a lot of things in between. But underbillings can become an issue that causes your bonding company to raise a red flag. So when does an underbilling become an issue…