The more complete the information is, the more positive response we will receive from the bonding company.
Following is a list of information necessary to set up a
bond line:
This application includes:
PERSONAL FINANCIAL STATEMENT
All owners must provide a personal financial statement.
Work on Hand
Please provide a breakdown of current jobs, bonded and unbonded.
BUSINESS FINANCIAL STATEMENTS
Provide a copy of the company's fiscal year-end financial statements for the last three years. An independent accounting firm must prepare these statements. If the most recent year-end statement is older than six months, please include an interim statement.
RESUMES
Please provide on all owners and key employees.
REFERENCES
If you have any, please include letters of reference from suppliers and previous jobs
BANK INFORMATION
Evidence of borrowing capacity and/or lines of credit.
CURRENT CERTIFICATE OF INSURANCE
A BROCHURE ON YOUR COMPANY, IF AVAILABLE
Please note that these forms are for your convenience. If any of the requested items are on another format, that is acceptable.
Thank You