About half of the bonds we sell can be issued for a flat premium without a credit check or any other underwriting to determine pricing. If you need a bond in this category, no credit review will be required, which means your personal financial situation won't affect your bond request in any way. Due to the risk associated with certain bonds, however, some degree of underwriting will be required to assess the applicant's qualifications to support the obligation and determine pricing.
When underwritten applicants have low credit scores or other financial issues, additional consideration and verification might be needed before the request can be approved. We work with a number of markets willing to underwrite applications for applicants who have financial issues - even if you've already been denied elsewhere.
Some of our markets offer financing to break down surety bond premiums into smaller, more manageable payments. Financing can be especially helpful for new or small business owners who might not have the funding to pay their entire premium upfront. Not all carriers offer financing for all bond types, but we're always happy to determine if premium financing might be a good option for you.
You can search for your surety bond online 24/7 if you're ready to submit your new bond request now. If you have additional questions at this time, call 1 (800) 308-4358 or email firstname.lastname@example.org, and one of our friendly representatives will be happy to help.