Brent Headley of Anderson & Catania Surety Services explains how relationships with building contractors are built on trust and how a good banking relationship can help establish that trust.
Senior Surety Bond Broker & Advisor at Anderson and Cantania Surety Services, Chris Smith, discusses growth strategy trends within the construction industry with Johanna Quintero on Episode 6 of Smartvine Podcast.
Your financial statements are only as accurate as the accountant who prepares them. It’s important to work with a CPA who is construction-savvy and knowledgeable about construction accounting.
Brent Headley of Anderson & Catania considers working capital to be one of the most important financial considerations in determining a contractor’s bonding program.
An underwriter wants to see your whole organization. The CPA presentation is important, but the underwriter truly wants to get to know your passion for the construction industry, talk about your experience, get to know your personnel and their experience, what job sizes you can handle, discuss positive references on completed contracts, and understand the quality of your credit relationships with your suppliers and other creditors. This type of information is all part of an underwriter feeling comfortable giving you surety support.