A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Union Fringe Benefit Bond holds you accountable for your business decisions.
By possessing a Union Fringe Benefit Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.
Get Your Surety Bond Price in 24 Hours or Less!
The bonding process is simple and fast. Most License and Permit Bonds receive approval within 1 hour during normal business hours (Monday–Friday, 9am–5pm EST). In nearly every case, completing our quick surety bond application is all that’s needed to receive your bond quote within 24 hours.
If additional details are required to process your request, our bond specialists will contact you within the same 24-hour period. Applicants with credit issues may experience slightly longer approval times, but we work to deliver the fastest possible turnaround.
Why Choose Our Surety Bond Process?
- Free Bond Quotes – We never charge application fees.
- Lowest Bond Rates – Your bond cost is calculated based on the details you provide. A complete application helps secure the most competitive bond price.
- Fast Bond Approvals – Most customers receive an approval the same day.
What Factors Affect Surety Bond Approval?
Just like loan approvals, surety bond approvals and pricing depend on several key factors, including:
- Personal credit history and financial stability of the applicant(s)
- Any liens, judgments, or bankruptcies
- Business history and time in operation
- The required bond amount and specific bond type
Providing accurate, complete information in your application improves your chance of receiving the lowest surety bond cost and the fastest approval.
Start the process today and see how easy it is to get your surety bond quote online.
