Commercial bonds, also known as business bonds, are a type of surety bond that serve to protect various parties in commercial transactions. These bonds are typically required to guarantee the performance of specific contractual obligations or financial responsibilities. Commercial bonds ensure that businesses adhere to the terms of their contracts, complete projects as agreed, and fulfill their financial obligations, providing confidence to clients and stakeholders.
Janitorial & Cleaning Bonds
Janitorial and cleaning bonds, also known as custodial or house cleaning bonds, are types of surety bonds that offer protection to clients by providing financial compensation in case of theft, property damage, or other acts of dishonesty or negligence by janitorial or cleaning service employees.
Financial Institution Bonds
Financial institution bonds, often referred to as bank bonds or fidelity bonds for financial institutions, are specialized insurance policies that protect banks and other financial entities from losses resulting from fraud, theft, or other dishonest acts committed by employees or third parties.
This is a $75,000 bond required by the FMCSA (Federal Motor Carrier Safety Administration) / ICC (Interstate Commerce Commission) to operate as a transportation broker. Learn More.
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