When a contractor takes on a new project, they generally need a bond. If they have good credit, a strong financial record, and aren’t taking on many projects, they are often eligible for a bond in the standard market.
If they don’t qualify for a bond in the standard market, they must get a bond through the non-standard market.
But there aren’t many sureties or agencies out there that bond in the non-standard market— the agents that do are able to stand out amongst the competition and expand their business opportunities.
So in case that’s something you’re interested in, we created this infographic to answer some of the questions you might have about bonding in the non-standard market. We hope it helps!
And if you’ve still got some unanswered questions afterwards, get in touch. We’d be happy to answer them.