Thank you for giving Florida Surety Bonds the opportunity to consider your company for bonding.
Surety is a credit relationship; as a result, applying for a bond is similar to applying for a bank loan. Below are some forms for you to get set up for bonding. If you have any of this already prepared for another source, or on your computer, we’re happy to accept that. Additional information may be required after the underwriter’s review.
Please send any of the information below as available. You will be contacted by a surety professional shortly after your file is received. We would be happy to arrange a visit with an agent to discuss bonding, or even help collect your underwriting information.
Print and fax or save and email to a bonding professional.
*doc file requires Microsoft Word.
*pdf requires Acrobat Reader which can be downloaded for free here
You will not be able to save an electronic copy of the pdf version.
Please fax or mail back the form to your bonding professional.
 |
A Contractor Profile. Don’t worry about addresses for suppliers if you have their phone and/or fax. If you have references already prepared for marketing purposes, feel free to skip that section and attach your own. Please note: Clean company and personal credit is important to the underwriting process; the surety will order current credit reports.
A copy of your trade license and current certificate of insurance.
Last three fiscal year-end corporate financial statements from your CPA and a current balance sheet & income statement, if available. Please include current company and personal bank statements to verify cash, and agings of receivables to accompany the interim update.
|
 |
A current personal financial statement on anyone holding more than 10% of the stock. If you’ve got one recently prepared for the bank for a line or loan, by all means send that.
|
 |
A current work in process schedule, including bonded and un-bonded jobs that are in progress, $50,000 or more. If interim financial statement is available, the work on hand schedule should be prepared as of the same date. |
| |
Resumes on key personnel and owners, evidence of borrowing capacity and/or bank lines of credit, and any letters of recommendation you may have on file from satisfied customers, subcontractors or design professionals are helpful. The more information you provide, the sooner a decision can be made. |
|
