Premium financing allows SuretyBonds.com clients to break up what is typically one large upfront premium payment into smaller, more manageable payments. Qualified applicants might be eligible for financing if they cannot afford to pay their surety bond premium in full.
If a SuretyBonds.com client qualifies for premium financing, our team will provide a financing packet. The ACH agreement is a formal document required to ensure subsequent financing payments are made on time. By signing an ACH agreement, the client authorizes the premium finance company to automatically withdraw funds for each monthly installment from their bank account.
Correctly completed financing paperwork must be returned to SuretyBonds.com in full before we can process the premium down payment and issue the associated surety bond.
If you have further questions about premium financing, call 1 (800) 308-4358 or email customercare@suretybonds.com, and one of our friendly representatives will be happy to help.