How Surety & Fidelity Bonds Protect Your Business From Financial Loss
Starting up a business is great, but it is a gamble. You may lose money when a contract does not work, or when an employee messes up something. That’s where surety and fidelity bonds help. They act as a safety net for your business. They keep you safe from unexpected problems. In this blog, I’ll […]
Commercial Surety Bonds vs. Contract Bonds: What’s the Difference?
Have you ever gotten yourself involved in business red tape, building projects, or the hectic, busy, and never-on-time world of government paperwork? You have probably heard someone say “surety bond” at least once. The thing is, not all surety bonds play by the same rules. They actually split into two big camps: commercial surety bonds […]
Why License and Permit Bond Are Necessary for Every Business
Discover the importance of a license and permit bond for your business. Learn what they are, how much they cost, and how Can Do Surety Bonds can help protect you. Owning a business has a whole list of stuff you have to juggle. Ever stumbled across “license and permit bond” and thought, “What is this, […]
The State of Commercial Bonds Rates in 2025: Trends & Takeaways
Commercial bonds in 2025 are rising higher than expectations. The economy’s bouncing around, regulators keep tossing new rules into the mix, and suddenly, everyone and their grandma wants a bond. Whether you’re hustling as a contractor, running your own business, or just trying to keep your insurance game tight, you can’t afford to ignore where […]
How to Apply for a Commercial Bond in 2025: Step-by-Step for Small Businesses
Running a small business means you have a lot of responsibilities, mainly to protect your customers. It is very important to get the correct insurance and commercial surety bonds. They show clients that you are professional, dependable, and meet all necessary rules. At the same time, many small business owners don’t know where to start. […]
What’s the Difference Between a Court Bond and a Fiduciary Bond?
Court & fiduciary bonds are different. Both are types of surety bonds. But they serve different roles. You may need one if you’re in a legal or financial position of trust. A court bond is used in court cases. It protects others if you don’t follow court orders. A fiduciary bond is for those who […]
Licensed and Bonded Contractors
In the contracting business, you may hear words like licensing and bonds. But it is crucial to know the difference. Knowing these differences between licensed and bonded contractors is key. In this blog, let’s discuss what differentiates licensed from bonded contractors. We’ll also look at financial tools, including letters of credit vs surety bonds. What […]
How Freight Broker Bond Work: A Step-by-Step Guide for Brokers
Freight brokers link shippers with carriers to allow goods to move from one location to another throughout the national territory. Operating as a freight broker requires brokerage personnel to obtain their Motor Carrier (MC) number and to secure a Freight Broker Bond (BMC-84) as regulatory requirements from the Federal Motor Carrier Safety Administration (FMCSA). Freight […]
What Is a Contract Bond, and How Does It Work?
A contract bond is like a necessary evil that every construction person or bidder for large projects has to deal with at some time in life. But what really is a contract bond? In the simplest terms, a contract bond works like a guarantee that contractors will definitely carry out their work as promised. Should […]
Understanding Commercial Bonds: A Complete Guide for Business Owners
A commercial bond is simply the guarantee by the company that they will obey the law and do their job as promised. In the case that they do not live up to that promise, the bond protects customers and the government from anything that may happen due to wrongdoing on the part of the company. […]