Need a Bid Bond from a Reputable financial institution?
Bonds & surety are in place to protect you as the employer against non-performance on the part of the contractor. The risk of non-performance is regarded in terms of quality of work, completion of work, and the time in which completion occurs. In case of your debtor defaulting payment, we will mitigate the matter and insure that your financial setback does not affect your business.
Requirements for Qualification of Bid Bonds
OnTime Lending is the go-to financial resource for every personal and small business loan—helping you face your challenges, achieve your financial goals, and grow businesses as big as your aspirations.
Requirements
- I.D and PIN Copy for at least 2 Directors
- Certificate of Incorporation
- Submit duly signed Guarantee Counter Indemnity form when collecting the Bid Bond
- Certified 6 Months Bank Statement
- Post Dated cheques
How's this Beneficial?
- They provide financial undertaking when awarded a contract.
- Competitive Commission Rates
“OnTime Lending has been a key partner in our success, and an invaluable asset for the growth and future of our company.”
Director CMK