Goldleaf Surety and The National Day of Listening

While celebrating the Thanksgiving holiday with family, I came across an article about the National Day of Listening.  National Day of Listening is an unofficial holiday celebrated on the Friday after Thanksgiving Day.  It was launched in 2008 by StoryCorps, a non-profit organization, whose mission is to encourage Americans of all beliefs and backgrounds to record, preserve, and share the stories of their lives.  … [Read more...]

Year End Considerations and Solid Surety Programs

While a company’s year-end considerations are not a new blog topic for Goldleaf Surety (Surety Bonds & End of the Year Considerations-Part 1; Surety Bonds & End of the Year Considerations-Part 2; Surety-Oriented Considerations at Year-End; and Surety Program and Year End Considerations), it is a topic worth visiting this time of year.  How a company deals with its year-end planning can have a significant impact on its bonding program moving forward. For this reason, we feel it is … [Read more...]

Surety-Oriented Considerations at Year-End

With tax season upon us, many companies are dealing with their year-end planning issues.  And how a company deals with these issues can have an impact on their surety support for the upcoming year. In my December 2013 blog posts Surety Bonds & End of Year Considerations - Part 1 and Surety Bonds & End of Year Considerations - Part 2, we discussed in detail several year-end considerations that are vital to a company's future surety support.  Good advice from an attorney, banker or tax … [Read more...]

Upcoming Contractor’s Seminar

Goldleaf Surety Services will be hosting a Construction Seminar on Tuesday, March 10th. This seminar will be held at Embassy Suites & Courtyard, 12520 Westport Parkway, La Vista, Nebraska. The presenter will be Craig Martin. Craig is a partner in the law firm of Lamson Dugan and Murray, LLP in Omaha. He has a background in all aspects of construction law. He has experience in handling a wide variety of litigation in the commercial and business tort arena. His practice emphasizes … [Read more...]

What You Need to Know About Fund Control & Surety Bonds – Part 2

In my previous post we discussed what fund control is. This week we will look at some of the benefits of using fund control. How can fund control help a contractor? Fund control can help new or growing contractors get those jobs that may have previously been out of reach. In addition, it can also serve as a training mechanism for contractors who may not have the appropriate level of 'back room support' to handle all the paperwork on a project. It allows the contractor to concentrate more … [Read more...]

What You Need to Know About Fund Control and Surety Bonds – Part 1

We have all seen this scenario...a new or growing contractor with good character and strong technical abilities can't get a performance and payment bond because of their current financial picture, the bond size, or both. It's the old story - you can't get a loan unless you don't need the money! What is fund control? One tool used to help new or growing contractors get those jobs that were previously out of reach is the use of fund control in conjunction with a project. "Fund Control" means … [Read more...]

In Surety Relationships Matter

"Surety underwriting is the "art" of applying subjective thinking and analysis to the "science" of the facts and truths." (National Association of Surety Bond Producers, Commercial Surety Fundamentals). Goldleaf bond specialists, staff and management spent an enjoyable day of fishing and fun with representatives from one of our surety partners.  Opportunities such as these provide Goldleaf Surety the chance to get a better understanding of how the surety company's underwriters evaluate the … [Read more...]

Interview With a Contract Bond Underwriter – Meet Brenda Risa

This week I would like you to meet Goldleaf Vice President, Brenda Risa.  Brenda is married with three boys.  She likes to spend her time away from work at their lake place with her family, motorcycling with her husband, and scrap booking with friends.  She is also Board Chairperson for the Clarkfield Area Charter School.  Brenda grew up in Morris, Minnesota on a dairy farm.   One fact you may not know about Brenda – she was crowned Dairy Princess for Stevens and Traverse Counties in her junior … [Read more...]