Holiday Schedule: July 4th
06/30/2008
Bryant Surety Bonds will be closed on Thursday, July 3rd for Independence Day Weekend; we will return on Monday, July 5th. We hope you all have a safe and pleasant holiday. While we are closed, please explore our website for information on surety bonds, and when you are ready, use our free online application. We look forward [...]
Operational Announcement: Bryant Surety Bonds Closed Friday 3/21/08
03/20/2008
Bryant Surety Bonds, Inc will be closed on Friday March 21, 2008.
Please explore our website to learn all about the Surety Industry, along with surety bond information by business type.
Also be sure to fill out an surety bond application, it is easy to do as everything can be completed online, and instant quotes are available.
Black Friday Update
11/25/2007
Though not directly related to the surety bond industry, we though we would post a quick snapshot of what happened on black Friday. This day every year tends to give a quick view of the american economy and how comfortable consumers are to spend money. A good black friday, and therefore a good [...]
Formerly known as the Interstate Commerce Commission bond, or ICC Bond, the Freight Broker bond is required to legally operate as a transportation broker. These bonds are also commonly known as BMC-84, and property broker surety bonds. The ICC also allows brokers to submit a BMC-85 trust fund in place of a bond. Bryant Surety Bonds, Inc only recommends submitting the BMC-85 trust fund if they do not qualify for a BMC-84 freight broker bond.
Due to a high amount of bond claims over the last several years, these bonds are considered high risk and most sureties require 100% collateral. Due to several well-established relationships in the surety industry; Bryant Surety Bonds can place these bonds with no collateral.
For those with questionable credit, and do not qualify for the standard market, a high-risk surety bond market exists for freight brokers. This program charges higher rates then the standard market.
