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Maintenance Bonds vs. Performance Bonds – Comparing the Two

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Performance Bonds

Whether you are a construction contractor or a motor vehicle dealer, you might require a contract surety bond to operate in your industry. These types of bonds guarantee your customers that you will carry out the project according to the set guidelines. Also, if any problem does occur later on, you will be responsible to fix that.  

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How Surety Bonds Can Be a Great Tool for Entrepreneurs

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Bonds

As an entrepreneur looking to make a mark in the corporate world, you need to stay on top of your game. From obtaining your practice license to meeting Government’s regulations relevant to your industry, there are quite a few factors you need to take care of before you launch.  

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Answering Some Questions Regarding Car Dealer Bonds

dave
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Bonds

Motor vehicle dealer bond or car dealer bond is a type of bond that all auto dealers have to obtain before they can start their businesses. The goal of this type of bond is to provide protection to your customers. This means that in case of any fraudulent activities, such as selling faulty car parts or illegal license plate covers, the client will be protected.  

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Five Things Auto Dealers Should Know About Surety Bonds – Infographic

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Bonds

For Some, obtaining an auto dealer bond can be quite confusing!
Let's take a look at 5 crucial aspects of surety bonds that every auto dealer should know!
 

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Surety Bond GUARANTEE PROGRAM A Brief Overview – Infographic

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Surety Bond

BondPro, Inc. is an Oklahoma agent/broker licensed to issue bonds in California & across the USA. Its team of professionals has many years experience with the SBG program. To learn more about our service, visit: Thebondpro.com  

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How Small Businesses Can Benefit from Surety Bonds

dave
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Surety Bond

As a small business starting out in a competitive landscape, your initial goal is to make sure you start making profits as soon as possible. However, you also want to give your customers peace of mind—an assurance that they are doing business with a reliable source.  

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Clarifying Misconceptions Regarding Surety Bonds

dave
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Surety Bond

Whether you are a construction contractor or a real-estate agent, you know that there are quite a lot of hassles when obtaining permits, licenses or legal documents. On top of all this, there are surety bonds that have become a mandatory part of many operations. They not only make your customers trust you more, but also ensure that they do not suffer from any financial consequences.  

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Guardianship Bonds – The Caring Solution

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Bonds

If professional aspects are at the forefront of bonds, personal aspects are not far behind. Amongst the many areas of life which require underwriting services, a guardianship bond is one that protects families.  

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Assuring Operator Compliance With Oil Well Bonds

dave
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Bonds

What situation counts as inadequate in oil well operations? This matter can be quite ambiguous. Various states have their own laws and regulations regarding both oil and gas well operations, which means that the process of acquiring a surety bond needs more diligence.  

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Applying For A Surety Bond? Here Is What You Will Need

dave
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Surety Bond

One certain way for you to get the bonding process started and moving along quickly, is to be prepared to fulfill its requirements. Know this: Surety Bonds are not insurance; although issued by an insurance company, bonds are underwritten as a financial obligation. When you seek out the services of a surety bond agent, and prepare the documents they require, a part of your role in the process involves providing financial information from your business operations and personal financial statements from the business owner(s).  

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