For small business contractors looking to secure larger projects, surety bonds are a critical requirement. A surety bond is a financial guarantee that ensures a contractor will fulfill their contractual obligations. Many government contracts and large private-sector projects require these bonds to protect customers from financial loss. However, securing a surety bond can be a challenge for small businesses due to stringent requirements, financial hurdles, and limited bonding capacity.

This webinar will provide step-by-step guidance on how to access SBA Surety Bonds—a powerful tool designed to help small businesses qualify for and obtain the bonding they need to compete for lucrative contracts.

You will learn:

• Why surety bonds are crucial for industries like construction and government contracting
• How the SBA Surety Bond Guarantee Program works and its benefits for small businesses
• The step-by-step process to obtain a surety bond and increase your bonding capacity
• Expert tips to overcome common barriers and streamline the application process
• Strategies to improve eligibility and maximize business opportunities

For more information about the webinar or to request the code, contact Lynda Gregory, at 907-786-7258 or email her at lmgregory@alaska.edu.