Questions About Surety Bonds
If you're planning to start a small business, you may not be aware of some of the requirements involved in business operations. Many small companies are required to have a surety bond to either conduct business or to meet the requirements of a contract. Here are a few questions and answers about surety bonds to help you understand them better:
What does a surety bond do?
A surety bond establishes a financial agreement between three legal parties.