Information on contractor license bonds for a wide range of client types. Articles for applicants with good or bad credit. If you are a contractor in need of a license bond, you will want to read through our archives.
Deciding to get a new certification or license is exciting! Pursuing a license could mean you’re exploring a new profession or looking to advance in your current career. Many industries require some type of certification before you can start working.
A contractor license bond is a legally binding contract that protects your clients and the public and is usually required to obtain a contractor license. It gives your clients and the public the ability to place a claim for financial compensation if you don’t fulfill the terms of your bond. This is …
Whether you’ve grown multiple businesses or are starting to build your first one, odds are your inbox has been flooded with a number of business contracts. Small business owners depend on these contracts for the success of their company. With that said, business contracts are legally binding and …
The CSLB (Contractors State License Board) is in charge of regulating the construction industry in California, and protects consumers by ensuring contractors follow all rules pertaining to the health, safety and general welfare of the public. The CSLB was founded in 1929, and now licenses close to …
What Changed for Virginia Contractors? A new bill was enacted in April of 2017 that allows certain contractors in Virginia to post a surety bond as an option to get licensed. How Does the New Bond Requirement Work? The bill named SB 1113 allows Class A and Class B contractors the option of …
Surety bonds can be a puzzling subject to many people. Then again, there are a few simple distinctions that can help you greatly when you start operating as a contractor and need to obtain specific bonds for specific purposes. Let’s tackle contractor license bonds.