Business Service Bond
What is a Business Service Bond?
A Business Service Bond is a type of Commercial bond that protects businesses from financial loss due to employee dishonesty, theft, or property damage.
Provides a safety net for businesses and their clients in case of employee misconduct.
Enhances trust between businesses and clients, and can be a competitive advantage for service providers.
Applicant’s personal or business information, credit history, and bond amount.
Varies based on bond amount and credit history, typically starts around $100 annually.
