What Our Clients Have To Say?
“Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette! ”
“Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you! ”
“We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan! ”
In simplest terms, a surety bond is a three-party guarantee. What exactly is being guaranteed will vary by bond type. Some bonds guarantee compliance with a government license, whereas others can guarantee performance of a construction contract. Read ahead for a more in depth explanation.
The cost of getting bonded can vary depending on a number of factors such as personal credit and financial strength of an applicant, as well as the risk associated with a type of bond. The only way to determine your exact costs is to apply for a free quote. Read our section on bond prices for estimated costs.
Lance Surety offers a variety of exclusive programs designed to get applicants approved who have less than perfect credit, weak financial records, or those who lack credit history. If you have bad credit and need to get bonded, we can help!
As of October 2013, the FMCSA increased the bond requirement for all freight brokers and forwarders to $75,000. Fortunately, Lance Surety offers the lowest rates in the industry for BMC-84 bonds, with no collateral required! Get approved in just minutes by applying for a free quote.