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Bonds

Bonds represent a unique funding opportunity for small business owners. Any bond offering made by your small business should be carefully reviewed by an attorney. The topics in this article will acquaint you with the types of bonds that are generally available.

  • Surety Bonds

    A surety bond is an instrument that is signed by the Principal (or Contractor) and the Surety Company in order to protect the interests of the Obligee (the buyer, or party issuing the contract) in the event the Principal defaults on the contract. ...
  • Tax-Exempt Bonds
    Tax-exempt, industrial-revenue bond (IRB) programs are attractive financing options for small manufacturers looking to expand operations and upgrade facilities. What is a Tax-Exempt Bond? Tax-exempt bonds are debt securities ...

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