4 Factors Underwriters Consider When Issuing a Construction Bond
Levelset
AUGUST 16, 2022
Some contractors watch as their gross profit margins decrease when they take on larger jobs. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. Sureties calculate working capital more conservatively than other credit providers or banks. You will then add your under-billings to this total.
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