My Credit Score Has taken a Hit During the Pandemic. How Do Poor Credit Scores Impact Access to Bonding?
Donzaleigh Powell of Anderson & Catania Surety Services offers some encouraging advice to those whose credit has been hit hard by the pandemic, or who may have low credit scores in general. What personal credit scores are considered acceptable to surety companies? We don’t always get an exact score range, but generally, FICO scores 650…
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How is a Surety Broker Different from a Commercial Insurance Broker?
Brent Headley, Surety Account Executive at Anderson & Catania Surety Services LLC, discusses how surety brokers differ from commercial insurance brokers. What do you find most satisfying about your contractor relationships? “I’ve become good friends with many of my clients,” Brent says. “As with any friend, you want to see them be successful and be…
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Why Are Personal Guarantees Required for Surety Bonds?
Joe Catania, President of Anderson & Catania Surety Services, discusses the reason why owners of construction or contractor companies must sign a personal guarantee with a surety company. What does it mean to offer a personal guarantee to a surety company? The owners of the company sign with a personal guarantee, so in addition to…
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Anderson & Catania Surety Services Welcomes Donzaleigh Powell
Meet Donzaleigh Powell! From Nashville, Tennessee, she joins Anderson & Catania Surety Services, bringing her longstanding relationships with subcontractors, prime contractors, project owners, and construction industry decision-makers to the team. Joseph Catania: Hello! I’m Joe Catania, president of Anderson & Catania Surety Services and on behalf of our company we’d like to welcome Donzaleigh Powell, coming…
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What is the Main Factor That Determines My Bond Rates?
Brent Headley, Surety Account Executive at Anderson & Catania Surety Services LLC, discusses what impacts surety rates, including the primary factor that determines your bond rates. Has COVID-19 changed the way sureties evaluate working capital? In 2020, COVID-19 is not changing the way sureties look at working capital, according to Brent. “The federal government stimulus…
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How is Anderson & Catania Surety Services Differentiated from Other Surety Brokers/Insurance Agents?
Richard G. Anderson, CEO of Anderson & Catania Surety Services LLC, explains how the firm distinguishes itself from other bond service companies while helping its national and international clients. How many surety companies does A&C represent? We represent 38 sureties. How many years of experience do the surety professionals at A&C bring to their customers?…
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How Do I Use My Banking Relationship to Grow My Bonding Capacity?
Brent Headley of Anderson & Catania Surety Services explains how relationships with building contractors are built on trust and how a good banking relationship can help establish that trust. Are bankers friendly to construction companies? “Interestingly, I have found the banks can sometimes not appreciate the important relationship that their client has with their surety…
Continue Reading Working Capital | By edayadmin |
Growth Strategy Trends Within the Construction Industry
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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