Goldleaf's Account Specialists can provide counsel to agents and their contractors with surety considerations needed to grow the company and improve its surety support.
The chart below can be used to identify the various levels of financial statements that can be submitted with a bond application and at what point a company should consider engaging a certified public account (CPA). Goldleaf has developed the chart as a guide only. It represents standards used in the surety industry generally, but it is not intended to represent strict standards or rules that must be followed in every case or by every company:
In fact, Goldleaf Surety specializes in helping clients work around these standards in a variety of industries in special circumstances or where companies need surety support but do not have the qualifying level of financial statements. Goldleaf's expertise often enables it to respond in situations that numerous surety companies have declined.
For more information on bonds or for help with your clients' bond needs, log in to Big “I" Markets or email Big “I" Markets staff.