Have a surety bond requirement that doesn’t fit into the standard categories?
We specialize in custom surety bond solutions for contractors facing complex, non-standard, or hard-to-place bonding situations. With over 100 years of combined experience and the strategic support of legal counsel, we structure bond programs that align with your business goals and increase your bonding capacity.
Custom Surety Bond Solutions for Mid-Market Contractors
The right bonding solution adapts to your company’s strengths and growth objectives. We work as your strategic partner to build contractor bonding solutions that support long-term growth and larger project opportunities.
Here are a few examples of custom bonding solutions for mid-market contractors:
- Phased bonding for multiyear projects: We structure bonding programs to align with each phase of a long-term project. With a step-by-step plan, your bonding capacity can grow alongside your work.
- Leveraging specialized assets: Our surety agents can strategically highlight your unique strengths — whether that’s specialized equipment or market expertise. We showcase these assets to secure better terms and a higher bonding capacity.
- Graduated programs for growth: We design graduated bonding programs for scaling contractors. By anticipating your needs, these programs provide a clear path from your current capacity toward your growth targets.
How Do We Increase Bonding Capacity?
We’ve helped hundreds of contractors increase their capacity for larger projects.
Let’s say a mid-market contractor with a $5 million bonding limit is being passed over for larger bids. Despite their strong field and financial performance, their bonding limits keep them from winning high-value contracts.
Here’s our strategy:
- First, our team singles out overlooked strengths in their financial operations and project portfolio. We provide strategic guidance to strengthen their presentation to surety markets.
- With our help, the contractor highlights their unique expertise in complex renovations. Then, we identify bonding partners suited to their growth needs.
- After increasing their bonding limit to over $10 million, the contracting company wins a major institutional contract.
- The result is that this substantial increase in bonding capacity unlocks larger contracts and growth opportunities.
We Specialize in Complex Project Types
Our customized bond solutions are ideal for contractors in demanding sectors, such as:
- Heavy civil construction: Civil projects often call for specialized underwriting expertise. We offer bonding support for infrastructure projects, sitework, and utility installations.
- Commercial construction: From office buildings and retail centers to large residential complexes, we build bonding programs around the distinct needs of commercial projects.
- Institutional construction: Schools, hospitals, and government buildings come with strict code requirements. We create bonding programs that target project-specific compliance needs.
Why Trust Us for Your Bond Solutions?
With over a century of combined experience and industry-specific knowledge, our team creates custom bonding around your unique situation. Our relationships with over 40 surety markets allow us to find the right bonding partner for your needs.
We review each case with expert legal counsel to prepare your bonding program from every angle. As your strategic partner, we can help you develop a plan that positions you for long-term growth.
Customize Your Bonding Program With Surety Bond Professionals
Together, we can make your unique strengths stand out. Let’s build a bonding program that reflects your true business value.
Ready to discuss your bonding needs? Call us at (781) 679-1294 or request your complimentary bonding review to get started.