A financially entity, typically an insurance company, which assumes the risk of a surety bond obligee by guaranteeing payment on the bond in the event of a default or a failure of the obligee to perform its contracted services. Bonding arrangements are often sought by owners and contractors in the construction industry. Also called a surety company.
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Merchants Bonding Company specializes in contract and commercial surety bonds, with an “A” (Excellent) rating from A.M. Best for 54 consecutive years.
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Bonding and Insurance for Contractors and Small Businesses.
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It they are bonded the person who was ripped off has recourse with the bonding company for damages. Bonding companies do not bond shady ...
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Bail Bond Services in Memphis, TN and Nationwide.