In the market for a Boston license bond? Jurisco is here to help. Surety bonds may not immediately come to mind when thinking of writing a business plan or meeting Massachusetts business license requirements. They may not be what’s talked about in Boston coffee shops, but license surety bonds still play important roles for the state.
In general, a surety bond is a form of protection ensuring the bondholder’s action. For instance, in a court of law, an appeal bond is used to cover a judgment during the appeal process, so neither the plaintiff nor the defendant is in jeopardy of delayed justice.
The state of Massachusetts can require a business to secure a surety bond if they believe it is in the public’s best interest. This applies to a wide range of businesses, from health clubs to mortgage brokers. A Boston license bond works as a safeguard for the public should a business misuse its position. A mortgage broker who accepts payment for property and doesn’t distribute the funds properly can cause a family to lose a home, for example. That’s why the state of Massachusetts suggests making sure the broker is properly bonded before making a deal.
If the state of Massachusetts requires a surety bond and a business has not met that requirement, they face immediate closure as well as fines and penalties.
There are a variety of Boston license surety bonds and Jurisco will make sure you have the right one for you. A person opening up a gym doesn’t need to worry about a yacht surety bond. They need a health club bond. Every Boston client gets to work with a Massachusetts surety bond expert who understands their needs and situation.
Jurisco is a recognized nationwide surety bond provider and can secure a Boston license bond with same day service. Being experts in the field, our bond professionals are ready to work as fast as necessary. Jurisco aims to help clients meet their needs and exceed their expectations.
Need a license surety bond quickly in Boston? Jurisco is who to trust.
Surety bonds are designed to be the most cost effective solution. A surety bond can cover a six figure amount and only require a small percentage to be paid up front. The state does not want its licensing procedure to hinder the economy so they choose surety bonds because they are affordable. Only having to pay one to two percent of the total value of the bond allows businesses of all sizes to grow and prosper in the state.
Have questions about Boston license bonds? Contact Jurisco to learn how we can help secure Boston surety bonds today.