On smaller bid, performance and payment bonds, you can help your insured get the bonds they need with just a one-page application through Goldleaf Surety's Short Cut Bond program, which offers sureties that entertain up to a $500,000 single and aggregate program.
Goldleaf works with a variety of sureties under the Short Cut Bond program, and each of them has its own unique underwriting requirements. So even if one surety is unable or unwilling to entertain a particular risk, Goldleaf can find another way. Because Goldleaf has access to several surety markets with similar programs, the Big "I" Markets partner may be able to assist your insured even if they've been denied based on personal credit scores or type of work.
Overall, Goldleaf has access to more than two dozen surety markets, ranging from standard markets to those with commercial expertise to specialty markets. This wide breadth of options enables Goldleaf to get creative when it comes to helping your insured obtain the bonding support they need.
Finally, Goldleaf's staff will do a good job helping clients migrate out of these programs to get expanded surety lines of credit, rather than allowing contractors to get "trapped" in small programs where they don't receive the surety counsel necessary to help them grow.
For more information on Goldleaf's Short Cut Bond Program or about helping your clients with their bond needs, log in to Big "I" Markets or email Big "I" Markets staff and an underwriter will contact you.