More Information About Contract Bonds from Ox Bonding
In today’s economic and credit environment, it is more critical than ever that surety providers give full consideration to the experience of the contractor and offer comprehensive programs that fit their needs. We have created the Contractor Credit Program (CCP) for small, mid-sized and emerging contractors who may not qualify for a bond with other sureties, or may need larger bonding lines than their current sureties are able to provide.
An Underwriting Team Who Knows Construction
At Ox Bonding our approach to risk management works to ensure that the contractor is able to “perform” the job. We have staffed our underwriting team with people from the construction industry, not the insurance industry. This makes them uniquely qualified to assess the applicant’s ability to perform the job, by looking carefully at the applicant’s experience and capacity related to the work being bonded.
Once enrolled you will have access to all of our other services and products:
- Requisition Cash Advances: We provide cash when you need it the most.
- Project Accounting: We provide project accounting services to ensure full payment and easier project closings.
- Discounted Payroll Services: We will provide you with access to the largest payroll provider in the world, complete with certified payroll reporting, at a fraction of the regular price.
- Client Contract Analysis: We provide contractors with a thorough review of their project contract by our team of seasoned construction industry professionals.