Payment and Performance Bonds for Contractors

To preface, we insure and bond a number of blue collar searchers. We've picked up deals post transaction because of our expertise in this space. One of the challenges when acquiring a blue collar company is the hidden surprise of Payment and Performance Bonds, especially after the balance sheet is turned upside down.

Your ability to gets bonds = your ability to expand/grow your top line revenue. In the bond world, "cash is king".

If you're business depends on Bonded work, do yourself a favor and build those cash reserves as quickly as possible. Do not purchase new assets/vehicles. Any good CPA will tell you the opposite to lower your tax burden. The key to sustained growth, is your bond program.