Your Bonding Company Relationship
Ask The Surety Pro – Joe Catania Explains If You Should Introduce Your Bonding Agent to Your Banker
Surety brokers and commercial bankers often interact, especially when they serve mutual clients in the construction industry. Their collaboration typically revolves around supporting contractors, ensuring they have the financial resources required to undertake projects. Watch the latest episode (1:46) of Ask The Surety Pro, where Joe Catania, our Co-Founder & President, shares how AC works together with commercial bankers to help contractors succeed in the marketplace.
#commercialconstruction #govcon #solarconstruciton #bonding #primecontracts #subcontracts #Federal #banking #lineofcredit
Read MoreAsk The Surety Pro – Chris Ruck Shares How AC Works Together to Help Contractors Succeed in the Marketplace
Facing surety underwriting roadblocks on long-term contracts? Concerns like financial stability, performance challenges, cost escalation, and market uncertainty often come up. In the latest episode of “Ask The Surety Pro,” Joe Catania, CEO & Co-Founder of Anderson & Catania, shares how he helped a contractor secure a five-year contract and the revenue stream that came with it. Don’t miss this success story!
Read MoreAsk The Surety Pro – Rich Anderson Shares Key Aspects of a Surety Win
In the surety industry, a “win” for a customer (typically a contractor, developer, or other business needing a surety bond) can take various forms, depending on the specific context of the bond and the customer’s needs. Watch the latest episode of Ask The Surety Pro, where Rich Anderson, Co-Founder of Anderson & Catania, shares some key aspects of what a surety underwriting win might look like.
Read MoreAsk The Surety Pro – Joe Catania on How Independent Ownership Leads to the Best Bonding Solutions
Surety brokers can play a supportive role in helping surety underwriters de-risk construction takeoffs, especially when contractors seek bonds for significantly larger projects. Watch the latest episode of Ask The Surety Pro, where Rich Anderson, Co-Founder of Anderson & Catania, explains how to frame a takeoff to increase the likelihood of bond approval.
Read MoreAsk The Surety Pro – Why Working With a Specialized Surety Bond Only Agency Can Make All the Difference for your Contracting Business
Curious about why working with a specialized surety bond only agency can make all the difference for your contracting business?
Watch the latest episode of “Ask The Surety Pro,” where Chris Ruck, our Vice President, dives into how our exclusive focus on surety bonds—like contract, commercial, court, and fidelity bonds—enables us to build strong, supportive relationships with underwriters. Learn how this specialization benefits you directly, ensuring better terms, personalized service, and expert advice.
Read MoreAsk The Surety Pro – How a Solid Financial Team Enhances Your Credibility with Surety Bond Companies
A construction-savvy banker, accountant, and attorney can significantly help build surety bond capacity. Watch the latest episode of Ask The Surety Pro, where Joe Catania, CEO & Co-Founder of Anderson & Catania, explains how these outside professionals provide a solid financial and legal foundation that enhances your credibility and capacity with surety bond companies. #militaryconstruction #civilconstruction #federalcontracts #financialstatements #suretyunderwriting #bonding #CPA #attorney #banker
Read MoreHow Do Bonding Companies Determine Whether a Contractor Is of “Good Character”?
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…
Read MoreWhy Do I Need to Sign a General Indemnity Agreement to Obtain Bonding?
Joe Catania, President of Anderson & Catania Surety Services, explains the importance of the general indemnity agreement in securing bonding. What Is Meant by Stating That Surety Credit Is Unsecured Credit While Banking Is Secured Credit? The surety credit relationship is unsecured credit. The General Indemnity Agreement (GIA) is the only document that ties the…
Read MoreHow Should I Describe the Talent of My Key Employees to a Surety Company?
Donzaleigh Powell, a surety consultant at Anderson & Catania Surety Services, LLC, offers tips on how to best highlight the skills of your contractors to a surety company. (video transcript) We suggest maintaining updated resumes and bios of your key employees. As you look to grow evaluate your team. Does someone have experience with the…
Read MoreCan My Passion for the Construction Industry Help Me Secure a Surety Bond?
Donzaleigh Powell, surety consultant at Anderson & Catania Surety Services, LLC, emphasizes the important role passion and relationship-building play in a construction company securing a surety bond. (video transcript) Telling your personal story is an important part of building a supportive surety relationship. Bonding is not just about your company’s balance sheet, although that’s important.…
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