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 [...]
A motor vehicle dealer bond (also called auto dealer bond, used car dealer bond, or dealer bonds) guarantees payment of taxes, judgments, and compliance with law. This bond must be obtained prior to licensure and the amount of the bond varies from state to state.
The surety bond industry as a whole has become much more conservative in recent years when reviewing motor vehicle dealer bonds; lower rates are still available for those who qualify, but those with lower credit scores, or no credit, will be placed in a high-risk market.
We are able to place high-risk MVD bonds through our bad credit surety bond program. This program applies to both those with poor credit, and to those who have no credit history. Surety companies are risk adverse, assuming zero loss in the bonds they write, it is for this reason that those with no credit cannot be placed in the standard market.
