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How to Increase Your Surety Bond Credit
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You got that dream job, but it needs be bonded. Can you get it bonded? Are you over your bonding capacity? Is there anything you can do to increase your bonding credit? Find out this week.
Topics we cover in this episode include:
- Draft and interim financial statements
- Cash, character, and capacity
- How to get bonding credit as a new contractor
- Bonds and personal collateral
- Start your relationship with a bonding company before you need a bond
LINKS
Visit the episode page at https://carpentercpas.com/capacity for more details and a transcript of the show.
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FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
Chapters
1. 142 - How to Increase Your Surety Bond Credit (00:00:00)
2. Draft and interim financial statements (00:00:51)
3. Cash, character, and capacity (00:02:27)
4. How to get bonding credit as a new contractor (00:04:16)
5. Bonds and personal collateral (00:07:49)
6. Start your relationship with a bonding company before you need a bond (00:10:00)
190 episodes
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