Surety-Backed Letters of Credit: A New Solution for Contractors
When construction companies and homebuilders embark on a project, they are confronted with a myriad of risks that can profoundly impact timelines, budgets, and overall
Evergreen Surety is a full-service bonding agency that helps increase your firm’s profitability. Our client-centric approach means you get fast response times and deep bonding expertise to create continuous revenue streams for your company.
We’re an independent agency licensed throughout the United States that not only offers the lowest rates, but also brings innovative thinking to help you grow your business.
Bonding agents are a key variable in determining the profitability of your business. Here are the most common issues firms have with their bonding agent and the difference you’ll get from working with Evergreen Surety.
Too often firms get handed off to a processor and can have a hard time getting in touch with their bonding agent. At Evergreen Surety, you get a dedicated single point of contact who will help you obtain bonds as well as guide you through the number of issues that arise as you’re growing your business.
Obtaining bonds or processing paperwork requires speed and promptness. We pride ourselves on exceedingly fast response times and effective communication. Phone, email, text, video call, or in person – we accommodate whatever medium is best for you.
Other agents often overlook several avenues that can increase your firm’s bonding capacity. We create a customized plan to help you fully achieve your potential.
While some agents settle for a “good enough” rate, we aggressively and strategically market your account to a wide range of carriers to produce the results you deserve.
We conduct benchmarking and establishment of thresholds to overcome objections from surety underwriters. Our goal is to help our clients plan for and achieve both current and future financial goals.
Evergreen Surety are experts in surety bonds with the knowledge and resources to get the best outcomes to efficiently achieve your business goals.
I’ve worked with Tom Patton for years, and he always goes above and beyond with his service. His communication with underwriters, customer advocacy, and proactive and timely service are the best in the industry. We are lucky to have a great professional partner like Tom.
Wade M.
CFO, National waterproofing and vapor mitigation specialty subcontractor
When construction companies and homebuilders embark on a project, they are confronted with a myriad of risks that can profoundly impact timelines, budgets, and overall
Have you applied for a surety bond but been declined by a surety carrier? Consider teaming up with a surety bond agent participating in the
Proper accounting and financial reporting are essential for contractors who are moving beyond their first year or two of being in business. If you currently have a construction surety bond program that isn’t meeting your needs, you can improve it through better accounting and reporting practices. We can help you achieve this and secure the best surety terms and conditions for your business.
Dive deep into the costs of construction surety bonds. We’ll look at what affects their prices, the various types, and how to keep costs low. This guide is great for all contractors, new or experienced. Knowing these costs is key for planning and managing projects.
As a general contractor, have you ever wondered how surety bonds can benefit your business and protect you from financial risks? Are you familiar with the different types of surety bonds required for your contractor license? Understanding surety bonds is crucial for general contractors in the construction industry, as they play a vital role in building trust with clients and ensuring project completion.
Did you know that the role of the obligee in a surety bond is crucial for ensuring the successful completion of projects? Without the obligee’s involvement, the entire bonding process would be at risk. In this article, we will explore the significance of the obligee in a surety bond and their essential responsibilities.
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