Ask Your Surety Pro – Will Outside Investors in Your Construction Company Be Required to Indemnify Your Surety?
Bringing outside investors into your construction company can provide the capital needed to grow. But it also raises an important surety question: will those investors be required to personally indemnify the surety?
In this episode of Ask The Surety Pro, Chris Ruck, Vice President at Anderson & Catania, explains why personal indemnity is not always required for outside investors, when a waiver may be achievable, and how a capital retention agreement can be a key negotiating tool in that conversation.
If outside investment is part of your growth strategy, this episode is worth understanding before the deal closes.
⏱ Watch time: 1:13