Putting together a surety program can range from a simple project to a complex undertaking, depending on the variables involved. The key is to be able to identify the specific variables, steps, and level of complexity upfront, so the proper approach can be taken from the outset.
The more complex and potentially difficult your situation, the more you need to make sure you have a very experienced surety broker helping you put the plan together.
Each company and its surety situation is a unique set of circumstances, and thus a tailored plan must be devised to properly approach the surety market in order to get the desired results.
This often involves pulling together varied pieces of material information, while also completing a detailed narrative report to explain the business case in an effective manner.
Contact me to discuss surety in more detail.