FastBond

FastBond

Quick...Easy...Flexible

Secure your bid and performance bonds in minutes!

Designed for small and emerging contractors, the underwriting of our FastBond program is primarily credit based. This allows for quick processing of the bond with little underwriting information.

Two Easy Options to get Your FastBond

1. Download and complete the application, then email the application to your branch underwriter. 
2. Complete the application online.

Old Republic Surety's FastBond program targets fast turn projects for all construction trades, so long term obligations such as service contracts are underwritten outside of the program. In addition to credit history, our underwriting relies heavily on the agent’s knowledge and recommendation of the contractor.

  • Up to $1MM with an application and adequate credit score
  • Up to $2MM single or aggregate with financial information
  • New streamlined, easy to use application
  • DocuSign electronic signatures accepted for FastBond Indemnity Agreement
  • Licensed in all 50 states
  • Flexible approach
  • All construction trades considered
  • Immediate response
  • Rate is $20-$30/M of contract amount
  • Will consider site improvement bonds up to $250k

One box does not fit all

If you think the contracted project is too big, don’t let that send you looking somewhere else. Just give us a call! With selected additional underwriting information, we will do our best to fulfill your needs within FastBond parameters. We want your business and will try to make it happen for you!

We’ll grow with your contractor

As your client’s business grows, whether you need a bid bond or performance bond, the FastBond program can grow with them! We are ready and willing to advise your customer on the steps necessary to graduate to the next level. We take a consultative approach and are eager to walk them through the basics of what is needed to qualify for a standard bond program!

Related: "The ABCs of Surety Bonds: What’s the difference between surety bonds and insurance?"

Performance Bonds

Performance Bonds

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What is a maintenance bonds


Maintenance Bonds

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Payment Bonds

 

Payment Bonds

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Bid Bonds

 

Bid Bonds

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Recent Blog Articles

Blog Charity Year in Review 2024 Read the post
Blog Medicare Surety Bonds: Essential Compliance Read the post
Blog The Little Black Bond Book: A Tool for Navigating the Surety Industry Read the post

Resources

RESOURCES

FAQ: Contract Bonds

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RESOURCES

Contract Bond Terminology

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Old Republic Surety has been, by far, the easiest surety company we’ve worked with. They’ve been wonderful. Old Republic is very responsive and always gets back to us quickly.
Cindy Brickley
President
Brickley Construction / Portage, PA

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