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Surety Bonds Offer . . .
Protection for consumers and licensees.
Assurance that service-providers have passed a level of scrutiny.
Types of Businesses
Focusing on Commercial businesses.
Trust and Legitimacy
“Licensed and Bonded”
- Marketing/PR- Just like a testimonial- Someone has ‘approved’ you
For the Consumer . . .
Example: You Join a Health Club. You pay $350 for the year.
What happens if it goes out of business?- A surety bond can help.
Another Example from Nevada
State of Nevada bond on Loan Modifications.
Protect consumers from getting the ‘run around’.
Surety Bond Layer of Protection
Companies looking to do loan modifications now must prove their worth.
More Well-Known Industries
-Mortgage Brokers -Tax Collectors-Insurance Brokers -Notaries-Car Dealerships -Collection Agencies-Medical Providers -General Contractors-Travel Agents -and more . . . -Home Cleaners-Janitors
Our Takeaways
This is about Trust and Legitimacy.
Consumers are protected financially.
Someone has said ‘They’re a safe bet.’
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Produced by the SuretyBonds.com Education Center