Janitorial Surety Bonds
Get a janitorial bond in 10 minutes or less
Surety bonds are a promise by a surety company to pay a first party if a second party fails to meet its obligations.
Three parties are involved in a bond:
This is the second party who must make good on an obligation. This is the cleaning business owner.
This is the first party who needs a guarantee that the principal will perform. This person is the client receiving cleaning services.
This is the entity who is the issuer of the surety bond guaranteeing that the principal (cleaning business owner) will meet its obligation. This is known as the bond company.
Starting at $134 per year - Protect your cleaning business with a surety bond. This requires the bond company to pay a set amount of money to your client if you, the business owner, fail to perform a contractual obligation. This helps you compete for contracts by reassuring your clients they will receive the service promised or protected in the event of a theft.