How long will it take to get approved?
The time required for approval depends on the size and scope of the bond to some extent. Our FAST TRACK programs can take as little as 48 hours assuming the application was completed in full and the document was signed. Larger accounts generally take 1 to 3 weeks depending on the level of difficulty.
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How much will the bond cost?
The rate is determined for each client individually. The short – form programs are typically 3%. Bond programs greater than $250,000 have lower premiums but much more information is required for qualification. It is not uncommon for strong applicants with CPA prepared statements to get a rate under 2%.
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