Hammer out the details

Being bonded can protect a contractor’s reputation, help win contracts, and demonstrate financial stability. If your contractor customers are looking to build their business, they might want to consider Old Republic Surety’s FastBond program. Grinnell Specialty is working with them to help quickly nail down your customers’ bid, payment, and performance bonds.

The program is credit-based, so the bond will be quickly processed with minimal underwriting information. It’s ideal for small and emerging contractors, and for shorter-duration projects for all construction trades.

  • Up to $1 million with credit-based underwriting
  • $1 million to $2 million single or aggregate with financial information (slightly over $2 million considered for FastBond with additional underwriting information)
  • Streamlined, easy-to-use application
  • Licensed in every state
  • Flexible approach
  • All construction trades considered
  • Streamlined, easy-to-use application
  • Immediate response
  • Rate is $20 per million; $30 per million on contract amount
  • Will consider site improvement bonds up to $250,000

To learn more about what the Grinnell Specialty Agency can do for your customers’ businesses, contact a Grinnell Specialty Agency broker.