What Do Construction Bankers Look for When Reviewing A Working Capital Line of Credit Loan Application?

Bryan LePage, Vice President and Relationship Manager at M&T Bank, is an outside contributor to AC Surety. Today Bryan discusses the construction line of credit evaluation process in 2023. Are you a commercial or government-sector construction company considering the options for a credit facility in 2023? There are great opportunities for construction companies to get…

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Will Minimizing Company Taxes Impact My Bonding Capacity?

Will Minimizing Company Taxes Impact My Bonding Capacity

Richard G. Anderson, CEO of Anderson & Catania Surety Services LLC, discusses the delicate balance between tax obligation and financial retention strategies as it relates to a contractor’s bonding capacity and the role of the surety in finding that balance. Which year-end tax deferral strategies are commonly used by construction companies? Year-end tax deferral strategies…

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How Do I Obtain a Bond for a Project 4X Larger Than Any Project I’ve Ever Completed?

How Do I Obtain a Bond for a Project 4X Larger Than Any Project I’ve Ever Completed

Partnering with a surety services firm that has extensive experience in the bond marketplace can provide contractors greater flexibility. Richard G. Anderson, CEO of Anderson & Catania Surety Services LLC, emphasizes how Anderson & Catania builds relationships that expand opportunities. Is there a general rule that sureties apply to determine a contractors’ single project surety…

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How is Anderson & Catania Surety Services Differentiated from Other Surety Brokers/Insurance Agents?

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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