What are the Different Types of Commercial Bonds? from Manav Pietro's blog

Commercial bonds are mainly required by the companies and working professionals who need these surety bonds for different purposes such as legal issues, construction projects or other sorts of contractual work.

The infographic “Different Types of Commercial Bonds’ uploaded by suretegrity.com is specifically designed to impart the users a better understanding of Commercial bonds. It includes an overview of 7 most popular commercial bonds and how much do these bonds cost.

The first one in the list is ‘Agriculture & Citrus Surety Bonds’ which is meant for the individuals who buy and resell agricultural products. They are required to post a surety bond and canoe licensed with the Department of Agriculture. Likewise, ‘Auto Dealer Surety Bonds’ are for the people who want to get their vehicle dealer licensee and have to provide this bond as a guarantee.

The third one in the list is ‘Contractor’s License Surety Bonds’ which helps in guaranteeing the fact that the contractor will remain in compliance with all the applicable laws pertaining to their profession. You can also get to know more about these commercial bonds by visiting the below infographic.