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Commercial bonds are surety bonds that have no relation to construction contracts or legal problems. Instead, they reinforce permit and license regulations. Insurance companies consider them to be low-risk and therefore, individuals are easily able to qualify for them. Commercial bonds ensure that businesses are abiding to the laws of their region. Consumers are also more reassured supporting businesses who have these bonds. Government agencies require businesses to obtain commercial bonds before they give them a business license depending on their industry.
As surety experts in business over 23 years, The ProSure Group has issued thousands of commercial bonds and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace, no matter your credit or financial situation!
There are thousands of different surety bonds required throughout the United States. The ProSure Group helps you find the right surety bond quicker & easier by searching individual states where the surety bond is required - at the municipality, city or state level.
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Before certain businesses obtain a license, they must purchase a license bond which make sure their business is adhering to the local, state and federal laws which protects their customers.
Certain states require a permit bond which make sure their business is adhering to the local, state and federal laws which protects their customers.
Depending on the state you live in, your company may be forced to file for a tax bond which guarantees you are paying the appropriate taxes.
Companies that use large amounts of energy must purchase utility bonds for their utility companies to confirm they will pay their bill completely and on time.
A bonded title serves as proof of ownership of a vehicle and allows the owner to proceed with transactions like: Buying insurance and registering a vehicle.
Additional Bonds that may not fall into the other categories.
Fidelity bonds protect businesses from employees who attempt to steal from your company or any of your customers.