Bondex provides solutions in surety. We have assisted businesses in obtaining millions of surety bond credit in a difficult economic environment. Our experienced staff finds creative solutions in surety when most operations just find a way to say "No." The company was formed to provide small to mid-size construction companies with surety bond availability in a difficult marketplace.
Through our unique approach to underwriting we are able to respond in an efficient and expedient manner so that bonds are executed quickly and satisfactorily. Our underwriting team focuses on analyzing your request, and assisting you in obtaining the surety credit that your business needs. Complete an application, along with the necessary information, and we will contact you to assist you with the process, if you need help.
It's that simple. We provide competitive rates on miscellaneous commercial bonds (contractor license bonds, motor vehicle dealer bonds, sales and use tax bonds, utility bonds and more).
Through our unique approach to underwriting we are able to respond in an efficient and expedient manner so that bonds are executed quickly and satisfactorily. Our underwriting team focuses on analyzing your request, and assisting you in obtaining the surety credit that your business needs. Complete an application, along with the necessary information, and we will contact you to assist you with the process, if you need help.
It's that simple. We provide competitive rates on miscellaneous commercial bonds (contractor license bonds, motor vehicle dealer bonds, sales and use tax bonds, utility bonds and more).
Services
A surety bond is a three-party agreement among the contractor (obligor), the surety bond company, and the owner (obligee).
Surety bonds used in construction are called contract surety bonds.
We basically write three types of contract surety bonds: Bid bonds, performance bonds, and payment bonds.
We will also underwrite select types of commercial surety bonds, such as License & Permit Bonds, Union Bonds, and Subdivision Bonds.
No, surety bonding is like bank credit, not like insurance.
The surety company's primary obligation is not to lend a contractor money, but to use its financial resources to support the contractor's commitment to completing their contracted jobs.
Surety bonds used in construction are called contract surety bonds.
We basically write three types of contract surety bonds: Bid bonds, performance bonds, and payment bonds.
We will also underwrite select types of commercial surety bonds, such as License & Permit Bonds, Union Bonds, and Subdivision Bonds.
No, surety bonding is like bank credit, not like insurance.
The surety company's primary obligation is not to lend a contractor money, but to use its financial resources to support the contractor's commitment to completing their contracted jobs.
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