Bonds

Express Surety Services

We Offer Great Number of Bonds

Real Estate Agent Bond

A Real Estate Broker bond guarantees faithful accounting for monies or properties turned over to an agent/broker in connection with a real estate deal. It guarantees that monies or properties that exchange hands will be properly accounted for during a real estate transaction.

Mortgage Broker Bond

Mortgage Broker Bonds guarantee that licensed Mortgage Brokers comply with state licensing laws for the application, qualification, and placement of mortgages for the general public.

Retail Services & Professional License Bond

A Retail Service & Professional License Bond is required to be in place by a company or seasoned professional that is opening a business regulated by the local, state, or federal government. These bonds will vary by the type of profession and the nature of what a company is doing.

Business Consulting

Successful experience of experts in structuring investment projects, developing and implementing.

Project Management

We are working in the format of an outsourcing project office. We assume operational coordination.

Seller of Travel Bond

A Seller of Travel Bond is a bond that is required of licensed Travel Agents that sell travel, airfare, or vacation packages to the general public and/or corporations. In order to become a travel agency, Travel Agents must adhere to the state's guidelines for operating a travel agency as a condition of their license.

Airline Reporting Commission Bond

An Airline Reporting Commission Bond aka ARC Bond is a bond that is required of Accredited Travel Agents that sell standalone airfare or travel vacation packages that include airfare. In order to become an Accredited Travel Agency, agents must adhere to ARC guidelines at all times and have become approved, with authorization to issue ARC Traffic Documents, on behalf of an airline or railway carrier.

Conservatorship Bond

A Conservatorship Court Bond is required of a guardian or fiduciary who handles funds on behalf of another person that can no longer handle financial matters on their own. The person could be elderly, incapacitated, or a minor. The bond ensures that the court-appointed conservator handles all of the fiduciary affairs of the person to whom they are assigned.

FINANCIAL GUARANTEE BONDS

Financial Guarantee bond guarantees payments on a financial obligation.

Financial guarantee bond guarantee that the financial obligation of the bonded party will be satisfied. With financial guarantee bonds, the surety is essentially providing a potentially quicker path of recourse if the party with the obligation to pay does not do so satisfactory. When a claim is placed on a financial guarantee bond, the surety would then be responsible to make payment to satisfy their responsibility to the bond. After a surety pays a claim on a bond, the surety then attempts to recoup the loss from the bonded business or individual. A surety bond works more like a credit line rather than an insurance policy. Even if a surety pays out on a claim, the bonded business or individual is ultimately responsible for the amount paid out by the surety.

How To Qualify For A Financial Guarantee Bond

Being that a financial guarantee bond guarantees a person’s or business’s payment to an obligation, the qualification process for a financial guarantee bond is often based on credit and financial standing. Depending on the specific type and amount of the requested bond, a business and/or personal financial analysis may be required to get a quote for these types of bonds. Financial statements are not always required so it is best to speak with an agent to determine exactly what is needed.

QUESTIONS AND ANSWERS

How does an Airline Reporting Commission Bond Work?

This type of Surety Bond guarantees that the ARC Accredited Travel Agent supplies airfare or rail fare to the clients while agreeing to pay the actual provider their portion of the fees due to them. It also guarantees that the Accredited Travel Agent will utilize the required forms and systems by the Airline Reporting Commission. The agent will also conform to all rules and guidelines of the Agent Reporting Agreement.