What is a License Bond?

25 Mar

A license bond is one of several different types of commercial bonds needed for a business to engage in certain types of business practices. Bonds of this type may be required before a local municipality or a state or federal … Read More »

What is Bail

7 Mar

The surety is an agreement whereby someone guarantees a commitment and thereby undertakes towards a creditor to comply with that undertaking if the debtor does not himself comply with it (art. 2011 Dutch Civil Code). The guarantee is a consensual, … Read More »

Types of Deposit Bonds

3 Mar

  Types of bonds that we grant In general, our clients are in the construction, works and supply sectors; They are both national and foreign contractors that need to take hold before governmental entities, and to which we offer different … Read More »

How to Administer a Bail Policy?

28 Feb

When a Bond Policy is involved and a breach of contract is presented by credit, the beneficiary of the same has the right to issue the corresponding “claim”. In addition to immediately notifying the Surety company, it is necessary to … Read More »