KOG Offers Express Construction Bonds up to $2 Million.
The KOG Express Bond Program offers the benefit of securing a construction bid bond, performance bond or payment bond up to $2 million with fewer underwriting requirements and a faster and more efficient application process.
Applicants are required to have been in business for at least a year, have a solid personal credit history and have never declared bankruptcy.
The contractor must demonstrate experience in the contract scope of work and show that the project can be completed in one year. Other restrictions that may affect eligibility include the presence of asbestos and hazardous materials on the construction site.
KOG can provide bid, performance & payment bonds for construction projects up to $2 million based on personal credit scores and limited financial documents. There is no requirement for the full underwriting package that a traditional surety relationship would require. Acceptance into these programs can be accomplished within 48 hours of receiving our two-page application.
SCHEDULE A PHONE CALL TO DISCUSS YOUR BOND REQUIREMENTS
OR CALL US TODAY AT (610) 399-4080