Getting a payment and performance bond should not be hard. At Junno Surety, we can authorize most of them in about five minutes. No giant stack of papers. No waiting for weeks. If you have decent credit, you can be bonded up to $2,000,000 today.
- Time to authorize
- About 5 minutes
- Max on credit alone
- $2,000,000
- Financial statements needed
- None under $2,000,000
- Rate
- As low as 0.8% of the contract price
- Bid bond
- Free when we write your P&P bond
- Bigger jobs
- Any size, with financials
What is a payment and performance bond?
A payment and performance bond is a promise on your job. The performance part promises you will finish the work the right way. The payment part promises you will pay the workers and suppliers under you. If you do not, the bond helps cover it. Many public jobs and larger projects require one before you can start.
Why people think it is hard
For years, getting bonded felt like a big test. Agents asked for tax returns, financial statements, and forms you did not have time to fill out. Then you waited days or even weeks just to hear back. No wonder so many contractors dread it.
How Junno makes it easy
We fixed the slow part. For most contractors, we only need a little information about you and the job, plus a soft credit check. A soft check does not hurt your credit score. In about five minutes, we can authorize your payment and performance bond up to $2,000,000. No financial statements needed under that amount.
So easy a 5th grader could do it
Here is the whole thing in three steps:
- Tell us about your business and your job.
- We run a quick, soft credit check.
- You get authorized, usually in about five minutes.
That is it. No homework. No waiting by the phone.
How much does it cost?
Rates start as low as 0.8% of the contract price. So a $100,000 job could cost around $800 to bond. And when we write your payment and performance bond, your bid bond is free. Many agencies charge for both. We do not.
What if my job is bigger than $2,000,000?
No problem. We write bonds of any size. For jobs over $2,000,000, we just add financial statements to your file. It takes a little more, but we still keep it simple and walk you through it.
Get bonded today
Do not let paperwork slow down your bid. Start now and you could be authorized in about five minutes. Prefer to talk? Call us anytime at (762) 499-0237.
Junno can authorize your payment and performance bond in about five minutes, up to $2,000,000 on credit alone. Get bonded now → or call (762) 499-0237.
Frequently asked questions
How fast can I get a payment and performance bond?
For most contractors, about five minutes. We use a quick, soft credit check and do not need financial statements under $2,000,000.
Do I need financial statements?
Not for bonds up to $2,000,000. We can approve those on good credit alone. Larger bonds need financials.
What is the most I can get on credit alone?
Up to $2,000,000. Above that, we write any size with financials.
Is the bid bond really free?
Yes. When we write your payment and performance bond, your bid bond is included at no extra charge.
Will the credit check hurt my score?
No. It is a soft check, which does not affect your credit score.