Surety Bonds with the SBA
Posted by Rick on Mar 30, 2009
Surety bonds for contractors written though the SBA’s program has now increased from a $2,000,000 limit to $5,000,000 limit. The SBA has also increased the surety bond size for Federal jobs up to $10,000,000
The SBA wil back surety companies that are pratestpating in the SBA programs for 70% to 90% of a loss that might occure.
