SBA Bonds

Why Choose Construction Bonds, Inc.?

“CBI has a tremendous reputation of helping contractors grow their capacity through SBA’s Surety Bond Guarantee Program. They’re a long standing valued partner of the SBG program.”Peter C. Gibbs, Acting Director U.S. Small Business Administration Office of Surety Guarantees
The SBA Bond Guarantee Program assists small businesses in obtaining the bonds they need to participate on larger projects that require bonds. CBI works with the SBA program and helps many contractors get the bonds they might not have otherwise been able to obtain.

CBI is proud to be recognized for our work to help contractors with this program by receiving the first-ever Small Business Administration Surety Bond Producer of the Year.

Why Do I Need the SBA?

Use the following checklist as a guide for uploading forms:

  • Contractor Questionnaire
  • Corporate Financial Statements (3 years if applicable)
  • Interim Financial Statement
  • Personal Financial Statement for each owner
  • Work in Progress Schedule
  • Resumes, letters of recommendation, corporate documents
  • Bond Request Form with copy of solicitation or contract

These bonds are for small and emerging contractors who are working with the Small Business Administration (SBA). Here are some reasons you might consider an SBA bonding option:

  • Desire for an increased bond program (SBA can double/triple standard market bond capacity)

  • New firms and businesses less than 3 years old

  • Jobs 1.5-2X (or more) largest completed project

  • Lack of CPA prepared financial statement

  • Prior bankruptcy (over 1 year)

  • Credit issues

  • Recent losses

  • Insufficient financial presentation or limited financial resources

Bonds Up to $400,000

Please use the PDF form below to complete your application. If you have questions, please contact one of our bond representatives to assist you at 703.934.1000.

Bonds Up to $6,500,000

Please use the PDF form below to complete your application. If you have questions, please contact one of our bond representatives to assist you at 703.934.1000.

 
 
 

Contractor Questionnaire

Once you filled out the above forms, please print them out and upload them on the Contractor Questionnaire below.