Construction Bond serving over 100 different types of businesses across the nation.
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Bonding is an important part of business operations. Construction companies can benefit from bonding and save cash along the way. With the help of ConstructionBond, all construction companies will have access to the bonding and insurance services needed to be successful. Traditionally, when a construction company takes on a job of significant size, they will need to put some type of collateral up, such as cash or property, to guarantee the other party that they are going to complete the job. If the construction company do not follow through with their side of things, the collateral is lost. With a bond, construction companies have the option of providing collateral, instead of their cash that they need to pay for labour and materials.
With the help of ConstructionBond’s Insurance Brokers, every construction companies can have a bond in place that will act as a guarantee and satisfy the needs of the bonding requirements for the hiring party. This allows every company to have cash flow on hand, that can be used for the job, helping them to complete the project.
Setting up an agreement with a bond provider as a back up for the jobs you complete is simple. At ConstructionBond, after you setup a facility with a surety, you start bidding on job exclusive jobs. We also offer electronic bonds known as E-Bonding. You then take the document to the job to provide your bond collateral.
The process is simple , efficient and allows every company to continue to work on projects, having a bond option in-hand to act as collateral as needed.
About ConstructionBond: As a Canadian broker site, ConstructionBond connects business owners, construction companies and contractors with quality surety bond providers across Canada. The company works with public and private insurance and surety companies to provide the best bond packages to over 100 types of businesses in the country.
Contact Info:
Name: Kristen Chow
Email: Bonds@ConstructionBond.ca
Organization: ConstructionBond
Address: 15 Allstate Parkway Markham Ontario, Canada, L3R 5B4
Phone: 1-888-480-7677
For more information, please visit http://www.constructionbond.ca/
Source: MarketersMedia
Release ID: 405490
