The Surety Bond Experts™
75 Port City Landing | Suite 130
Mt Pleasant SC 29464
(866) 372-0827
75 Port City Landing | Suite 130
Mt Pleasant SC 29464
(866) 372-0827
The Florida Construction Industry Licensing Board mandates the Florida Contractor License Bond for contractors with a credit score below 660 to ensure compliance with state regulations and protect consumers.
In Florida, for a Contractor License Bond with a credit score below 660, additional qualifications may include providing financial statements, proof of work experience, and possibly a higher bond amount or a co-signer to mitigate the perceived risk.
The cost of a Florida Contractor License Bond for individuals with a credit score below 660 typically varies, but it generally ranges from 1% to 10% of the total bond amount, depending on the specific credit situation and the surety provider.
With 48-hour underwriting, applicants with a credit score below 660 can secure approval for the Florida Contractor License Bond, with the bond’s duration clearly stated on the bond document.
To secure your Florida Contractor License Bond with a credit score under 660, take advantage of our 48-hour underwriting approval process by applying now.
The obligee for the Florida Contractor License Bond (Credit Score < 660) is the Florida Department of Business and Professional Regulation. You can find comprehensive information about their requirements for the bond on their official website. Here is the link:
From Palmetto Surety Corporation, your trusted partner for all surety bond needs!
Get your surety bond quickly with our streamlined approval process.
We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.
Get your surety bond quickly with our streamlined approval process.
We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.
Request a Quote: Click the “Apply Now” link to get started. For most bonds, you’ll see the price immediately on the application. If your bond requires a credit check or underwriting, you’ll receive an instant quote after completing our quick and easy application.
Approval Process: Many surety bonds are available for instant issue, with approval granted immediately after your online payment. For bonds that require underwriting, our team will review your application and provide fast approval—typically within hours, not days.
Receive Your Surety Bond: Once approved, you’ll receive your bond via email in PDF format. After signing the required documents through DocuSign and completing the online payment, your bond is ready to go!
Get started with our fast and easy application process. Submit your details, and you'll be approved in minutes.
At Palmetto Surety Corporation, most of our bonds are issued instantly, meaning you’ll receive immediate approval. For bonds that require manual review and underwriting (based on credit score), we typically provide approval within minutes of submitting your application, and no later than 24 hours.
When it's time to renew your bond, you will receive a notice from the surety bond company prior to the surety bond's expiration date. To extend your bond for another term, simply provide any updated information and pay the renewal premium. Be sure to renew on time to avoid any gaps in coverage, as this could result in non-compliance with the surety bond's regulations.
