Goldleaf Surety began operations in Montevideo, Minnesota on April 1, 1998. Over the past 15 years, Goldleaf Surety has evolved into one of the most respected names in the surety industry due to our unique ability to understand the financial issues impacting the contractor and their bond program. Today, Goldleaf Surety is a well respected, experienced, surety specialist capable of putting together surety bond programs for just about any company. We are licensed in all 50 states and do … [Read more...]
Archives for June 2013
What is My Underwriter Talking About When She Refers to the “Four C’s”?
The first C refers to Capital. The surety underwriter analyzes the company’s financial position as represented by its financial statements. A company’s financial statements show its current state, including its working capital, its debt to equity ratio, and how profitable it is. The second C is Capacity. The surety underwriter needs to be comfortable in a company’s ability to perform the bonded project. For this C, the surety company will look at non-financial information such as resumes of … [Read more...]