Contract Bonds
Ask Your Surety Pro – Why Your Surety Wants Your Subcontractors to Be Bonded
Requiring key subcontractors to carry performance and payment bonds is one of the most effective risk management strategies available to prime contractors. But the benefits go beyond risk transfer. In this episode of Ask The Surety Pro, Joe Catania, CEO and Co-Founder of Anderson & Catania, explains why sureties require subcontractor bond-backs, how subcontractor bonds…
Read MoreAsk Your Surety Pro – How Much Debt Is Too Much for a Surety Underwriter?
Debt is a normal part of running and growing a construction company. But at what point does leverage start to affect your bonding capacity? In this episode of Ask The Surety Pro, Chris Ruck, Vice President at Anderson & Catania, explains how surety underwriters evaluate contractor debt, what financial factors they weigh, and when leverage…
Read MoreThe Five Most-Read Ask The Surety Pro Posts of Q2 2026
Every week, Ask The Surety Pro tackles the real questions contractors are asking about their bond programs. Not theory. Real guidance on the financial decisions, balance sheet realities, and relationship dynamics that shape how much bonding capacity a contractor can access and how fast they can grow. Q2 2026 is in the books, and a…
Read MoreAsk Your Surety Pro – Why Anderson & Catania Is Gaining Referral Momentum in New York and New Jersey
Something meaningful is happening for Anderson & Catania in the New York and New Jersey construction markets. Established contractors are referring other construction company owners to our team, and the source of those referrals tells an important story. In this episode of Ask The Surety Pro, Tony DeMartino, Surety Bond Producer at Anderson & Catania,…
Read MoreAsk Your Surety Pro – When Does Profit Fade Become a Concern for Your Surety Underwriter?
The most effective thing a contractor can do about profit fade is address it before it becomes a pattern. That means reviewing job cost reports consistently throughout each project, not just at close. It means having honest conversations with your surety broker before underwriting season rather than during it. And it means treating your WIP…
Read MoreThe Five Most-Read Ask The Surety Pro Posts of Q1 2026
The Ask The Surety Pro video series exists for one reason: to give contractors the surety bond knowledge they need to make better decisions, strengthen their financial positioning, and compete more effectively for the work they want. In Q1 2026, the series covered topics that matter to contractors at every stage of growth, from understanding…
Read MoreSBA 7(a) Loans vs. Conventional Loans: What Small Contractors Need to Know Before Choosing
When a small construction company is looking for financing, one of the first decisions to make is whether to pursue a conventional bank loan or an SBA 7(a) loan. On the surface the two options may seem similar. In practice, the way each one evaluates your business is fundamentally different, and understanding that difference can…
Read MoreAsk Your Surety Pro – Why Sureties Want to See a Business Line of Credit, Even If You Rarely Use It
Some construction company owners are surprised to learn that surety companies often want to see a business line of credit in place, even if it is rarely used. The reason has less to do with whether you draw on it and more to do with what it represents to an underwriter. In this episode of…
Read MoreHow Construction Companies Can Use an SBA 7(a) Loan to Buy a Warehouse or Commercial Property
For construction companies looking to purchase a warehouse, yard, or other commercial property, conventional bank financing is not always a straightforward path. Debt service coverage requirements, loan-to-value thresholds, and the irregular cash flow patterns common in construction can make it difficult to fit neatly into a conventional underwriting box. The SBA 7(a) loan program offers…
Read MoreAsk Your Surety Pro – Can a CPA Compilation Statement Help Grow Your Bonding Capacity?
For small contractors relying on internally prepared financial statements, upgrading to a CPA compilation report can be an important first step toward qualifying for larger bonding programs. But the value of that compilation depends heavily on how it is prepared and what supporting schedules the CPA firm includes. In this episode of Ask The Surety…
Read More