Bond Price Guidance
The SBNC recognise that interpreting and understanding Surety Bond Terms can be a taxing assignment.
The cost of a Surety Bond is massively variable dependent on a wide variety of factors, for example: Bond Value, Trading History, Financial Strength, Bonding History, Bond Beneficiary Intelligence amongst other components. Therefore, the range of terms receivable from the markets vary on a largely sliding scale.
In addition to any cost indicated, there are numerous additional factors for consideration when progressing with a Surety Bond and as such, we can provide feedback on full Bond Proposals including the Initial Price, Company Indemnity, Personal Guarantees, Rebates, Cash Collateral and Overrun Fees.