About this Event
New to contract bonding? Posting collateral or using funds control? Paying more than 4% for your performance, payment or ancillary bond? Need higher bond limits?
If you answered yes to any of these questions then join us to learn how the SBA Surety Bond Guarantee Program (SBG) can help your business.
Small businesses in construction and other industries must often obtain contract surety bonds to qualify for contracts in the private sector, and for government contracts at the federal, state, or local level. But sometimes your business may be too new, or have credit issues, or you may not have the assets necessary to qualify for contract bonding. These are instances where the SBG program can help. The SBG program helps small businesses facing barriers to success by creating access and opportunity to qualify for contract bonding, increase bonding capacity, and grow your business.
What You Will Learn:
- Technical training (overview, eligibility requirements, application process, etc.)
- Insights on practical applications for the SBG program in government contracting
- Practical tips about SBA surety bond program from two SBA authorized bond agents
Guest experts include:
Karen Barbour, president of The Barbour Group, LLC Karen’s firm provides surety bonds, business insurance and risk analysis for commercial enterprises on a nationwide basis. She is the first surety professional to win the SBA award in Maryland and was inducted into the SBA Hall of Fame. She was recently appointed to the SBA’s SBDC National Advisory Board. A key factor contributing to Barbour’s success is her ability to draw on her experience as a surety underwriter and as a construction company owner to find new ways to meet the surety bonding needs of start-ups to Fortune 1000 firms on a nationwide basis.
Taylor Wilstead, president of Bonding Solutions, LLC Growing up in Arizona and with family in the surety industry, Taylor was practically “born into” surety. After pursuing a degree in business, Taylor jumped right into surety, working for Bonding Solutions since 2003. He started his career couriering bonds for the agency. Since that time, Taylor has assisted in the growth of the agency, stepped into an ownership role, and developed a successful platform for nationwide surety offerings. Aside from agency management, Taylor focuses and specializes in contract bonds and services hundreds of contractors and developers in the southwest and nationwide.