Contracting Readiness: SBA Surety Bond Guarantee Program
SBA
Surety bonds help small businesses win contracts by providing the customer with a guarantee that the work will be completed. Many public and private contracts require surety bonds, which are offered by surety companies. SBA guarantees surety bonds for certain surety companies, which allows the companies to offer surety bonds to small businesses that might not meet the criteria for other sureties.
Learn about the SBA’s Surety Bond Guarantee Program and how it can help your business with assistance in obtaining federal contracts, and the procedures to apply for the program.