quogueelectric Senior Member Location new york Aug 27, 2007 #1 What is the guidelines that bonding companys use to give you a better or worse rate???
B bill j Member Location Montana Aug 27, 2007 #2 The first thing they asked me when I called is my credit score. If it was in the 700's I would get a very good bonding rate.
The first thing they asked me when I called is my credit score. If it was in the 700's I would get a very good bonding rate.
mdshunk Senior Member Location Right here. Aug 27, 2007 #3 I think that's one of those secrets, sorta like how they figure your personal FICO score. I know your Duns score, time in the biz, business assets, and the current business climate all play a role. (I assume you're talking about performance bond?)
I think that's one of those secrets, sorta like how they figure your personal FICO score. I know your Duns score, time in the biz, business assets, and the current business climate all play a role. (I assume you're talking about performance bond?)
I ITO Senior Member Location Texas Aug 28, 2007 #4 LOL... yeah its a secrete. They also look at assets, liquid cash, years in business, personal assets, D&B rating, track record ect ect ect....
LOL... yeah its a secrete. They also look at assets, liquid cash, years in business, personal assets, D&B rating, track record ect ect ect....