Everything You Need To Know About Getting Bonded With Bad Credit
Bad credit can happen for a number of reasons and in most cases can cause a lot of damage to businesses.
When it comes to surety bonds, poor credit is not the end of the world. Contractors may end up paying a higher premium on their bonds if their credit is poor or they are considered “high risk”. Strong business relationships and business decisions will help contractors receive bonds through hard times. Here are some tips on what to expect when getting bonded with poor credit.