Starting a business is exciting, and then a customer or the state asks for a bond. If you have no business credit yet, do not panic. New companies get bonded every day. Here is how.

Bonds care about you, not just the business

When your business is new, the bond company often looks at the owner's personal credit and background instead. So even with no business history, your personal record can carry the bond. Many small bonds approve on that alone.

Start with the easy bonds

Many bonds a new business needs are low risk and cheap. Service bonds, small license bonds, and notary bonds are often issued fast with little review. These are perfect for a new company building a track record.

Be ready with the basics

Have your business name, address, and license details ready. Know your bond amount, which is on your application. The smoother your information, the faster the yes. A clean, complete application makes a new business look organized and serious.

Build from here

Your first bond is a starting point. Pay on time, keep good records, and renew on schedule. Over a year or two, you build business credit and a bonding history. That opens the door to bigger bonds and better rates, like contract bonds for larger jobs.

We like new businesses

At Junno Surety, we work with new owners all the time. Tell us where you are starting, and we will find the right market for a brand new company. Everyone starts somewhere, and getting bonded is one of the first steps to looking like a real, trusted business.

Related guide: Read the Janitorial Service Bond guide.