Our completion bond agency has many special underwriting programs for non-standard bonds and even with bad personal and business credit. In house underwriting authority for bad credit license and permit bonds. We also have special underwriting for non-standard larger completion bond up to $150,000.000.00 plus. We have many instant issue license bonds that may not require credit.
Completion bond are surety bonds which a contractor submits to a bank or other creditor that has disbursed a loan to finance a project. A completion bond ensures that a creditor still receives principal and interest on a loan even if the project itself fails to reach completion.