What you should know before getting a bond
Manage episode 319899147 series 3314227
Many newer contractors find the process of obtaining their first bond intimidating. This week we're walking you through what you need to know to get bonds and go after the projects that will help your company grow.
Topics we cover include:
- How your bond agent will work with you to get approved, even if your financials aren't perfect
- The main factors bond underwriters consider when deciding whether to approve a bond application
- How working with a construction-specific CPA can help you get bonds
- What can help you get approved when you're just starting out
LINKS
Visit contractorsuccessforum.com/bonds to grab the free downloads mentioned on the show:
- Sample Contractors Questionnaire
- Sample Bank Reference Letter
- Sample Personal Financial Statement
- Sample Resume
Visit the episode page at contractorsuccessforum.com/bonds for more details and a transcript of the show.
Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe
Find all episodes and related links at ContractorSuccessForum.com.
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Rob Williams, Profit Strategist | IronGateESS.com
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | McWins.com
Join the Profit First for Construction community!
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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