• broken image

    Your Source For Bonding:

    Reclamation / Commercial / Closure / Post Closure / Energy / Solar / Hazardous Waste Removal / Residential Waste Removal /

    Commercial or Financial Responsibility / Performance, Payment & Bid Bonds

  • broken image

    What are "Surety Bonds?"

    The term “Surety” dates back to Genesis in the Bible. The simple meaning is “one who becomes responsible for another”, today Surety is most closely associated with an Insurance related product whereby the massive balance sheet of an insurance company stands with you on a financial risk, so the insurance company becomes responsible for you.

     

    Insurance company backed surety products can aid your company by creating a superior credit profile to your customers or alleviating financial responsibility requirements that often require you to restrict or set aside hard assets.

  • What We Do:

    It’s a balancing act for leaders in fast moving, high stakes industries the challenge has always been moving fast to capitalize on new opportunities while mitigating risk to clients and investors. Surety bonds are critical in reducing and transferring risk by ensuring the client, investor, etc requesting the bond that your business will follow through on its obligations.

     

    Finding out if a Surety bond facility will benefit your operations won’t cost you anything but a few minutes of your time. At R&E Surety our broad understanding of the industry will allow us to quickly advise you if there is a bond solution that will work for you.

     

    Our services are ideal for companies:

    • Unable to bid or secure public or private sector contracts that require bonds.
    • Have letters of credit, restricted cash accounts, escrows, cash deposits or secured filings in place as financial responsibility assurance.
    • Have been unable to find surety support due to the type of risk.
    • Have general interest in discussing how surety bonds might be of value to your company.

    If any of these situations apply please call to discuss, we may be able to help you.

     

  • Expertise:

    R&E has over 20 years in the industry and offer bonds across a variety of markets and applications

    1

    Reclamation Bonds:

    Any bonds applying to coal and other mining operations.

    2

    Commercial Sector:

    Any bonds applying to hospitality, healthcare and educational institutions.

    3

    Energy or Solar:

    Any bonds applying to oil & gas or solar projects.

    4

    Hazardous Waste:

    Any bonds applying to hazardous waste removal.

    5

    Residential Waste:

    Any bonds applying residential waste removal.

    6

    Financial:

    Any bonds applying to commercial or financial responsibility bonds.

    7

    Performance, Payment & Risk:

    Any bonds applying performance, payment and bid bonds for construction risk.

    8

    Closure, Post Closure:

    Any bonds applying to landfills or waste operations.

  • Next Steps:

    If you would like help with any surety bond whatsoever simply fill out the attached short form and submit through the site or contact via phone 773-368-6392.

    Chicago, IL
    Monday through Friday:
    9:00 a.m. until 7:00 p.m. (EST)
    773-368-6392
    At R&E Surety our broad understanding of the industry will allow us to quickly advise you if there is a bond solution that will work for you.