{"id":215,"date":"2017-04-26T17:29:36","date_gmt":"2017-04-26T17:29:36","guid":{"rendered":"http:\/\/www.performancesuretybonds.com\/blog\/?p=215"},"modified":"2022-01-24T16:04:50","modified_gmt":"2022-01-24T16:04:50","slug":"issues-surety-bonds","status":"publish","type":"post","link":"https:\/\/www.performancesuretybonds.com\/blog\/issues-surety-bonds\/","title":{"rendered":"Who issues surety bonds?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-216\" src=\"https:\/\/www.performancesuretybonds.com\/blog\/wp-content\/uploads\/2017\/04\/photodune-1944728-bookkeeping-sales-ledger-xl-1-1024x683.jpg\" alt=\"Who Issues a Surety Bond?\" width=\"926\" height=\"617\" srcset=\"https:\/\/www.performancesuretybonds.com\/blog\/wp-content\/uploads\/2017\/04\/photodune-1944728-bookkeeping-sales-ledger-xl-1-1024x683.jpg 1024w, https:\/\/www.performancesuretybonds.com\/blog\/wp-content\/uploads\/2017\/04\/photodune-1944728-bookkeeping-sales-ledger-xl-1-300x200.jpg 300w, https:\/\/www.performancesuretybonds.com\/blog\/wp-content\/uploads\/2017\/04\/photodune-1944728-bookkeeping-sales-ledger-xl-1-768x512.jpg 768w, https:\/\/www.performancesuretybonds.com\/blog\/wp-content\/uploads\/2017\/04\/photodune-1944728-bookkeeping-sales-ledger-xl-1-1200x800.jpg 1200w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/p>\n<p>Businesses are often required to purchase surety bonds to operate. Surety bonds are <a href=\"https:\/\/www.performancesuretybonds.com\/surety-bond\/how-to\/get-a-surety-bond\/\" target=\"_blank\" rel=\"noopener noreferrer\">generally issued<\/a> by surety companies. However, it\u2019s common to apply for a surety bond through a broker or surety bonding agency.<\/p>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Surety bonding companies must be licensed and regulated by their state to issue a surety bond within that state. Bonding companies and brokers are also regulated by the state to ensure they adhere to all surety bond regulations.<\/p>\n<h2><span style=\"color: #333399;\"><strong>The surety bond issuing process<\/strong><\/span><\/h2>\n<p>The process of acquiring a surety bond is relatively simple if you choose an experienced bonding company. To issue a bond the surety agency will need a completed application, supporting documentation, and the premium payment upon approval. Surety bond premiums \/ fees are paid in advance to provide coverage for a period of time, generally one year. The cost of the bond will be calculated based on the bond amount, your credit history, and the businesses financial history. People with a good credit history will often pay a lower premium to have their bond issued.<\/p>\n<h2><span style=\"color: #333399;\"><strong>Applying for a surety bond<\/strong><\/span><\/h2>\n<p>It\u2019s important to choose an experienced bonding company to ensure that your application process is quick and easy. Using a bonding company can help you find the bond you need at an affordable price. Viking Bond Service can help your business acquire a surety bond quickly. Our knowledgeable staff is experienced at providing many types of businesses with bonds of all types. Whether your credit is good or bad, we can secure a surety bond to help your business move forward. Call or email our team today to discuss your surety bond needs. You can also use our <a href=\"https:\/\/www.performancesuretybonds.com\/standardapp\/\">online application form<\/a> to apply today. We generally approve all quote requests within 24 hours and work hard to get your surety bond issued quickly!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses are often required to purchase surety bonds to operate. Surety bonds are generally issued by surety companies. However, it\u2019s common to apply for a surety bond through a broker or surety bonding agency.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[26,15,16],"class_list":["post-215","post","type-post","status-publish","format-standard","hentry","category-blog","tag-issues-surety-bond","tag-performance-bonds","tag-surety-bond"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Who issues surety bonds? | Viking Bond Service, Inc.<\/title>\n<meta name=\"description\" content=\"Surety bonds are generally issued by surety companies, however, there are multiple ways to obtains surety bonds. 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