| |
The Goldleaf Bond Guaranty FundSM
Goldleaf Financial uses the Goldleaf
Bond Guaranty FundSM to provide certainty
to the surety industry and help reliable contractors expand their
bonding limits.
Goldleaf Financial understands the surety industry. It knows that
most surety companies look for readily available equity in
a contractor's financial statement before agreeing to issue a bond
on the contractor's behalf. Goldleaf Financial recognizes the necessity
of the surety industry's requirements. Surety companies need to
secure themselves against the possibility of claims being made against
the surety bonds they write.
At the same time, Goldleaf Financial knows that many reliable
contractors are refused bonds each year, due to the surety industry's
net worth requirements. Although many of these contractors are capable
of performing larger, bonded projects and have an excellent history
of timely payments on prior projects, they may not have retained
a great deal of cash in their companies or placed a high priority
on paying down the debt their companies are carrying. In other words,
in spite of their reliability, the bond applications made by these
contractors do not reveal immediately available assets to secure
the surety company against the possibility of a claim.
It was in response to these industry challenges that Goldleaf Financial
first developed its Goldleaf Bond Guaranty Fund SM.
Goldleaf Financial utilizes the massive asset base of the Goldleaf
Bond Guaranty Fund SM to secure individual Goldleaf Bond GuarantiesSM;
limited commitments of immediately available collateral that are
provided to surety companies on behalf of qualifying contractors.
The unmatched financial strength of these Goldleaf Bond GuarantiesSM
assures the surety companies that Goldleaf Financial will respond
to the bond obligations of the contractor.
Click Here to Request
More Information About Other Products & Services Offered by
Goldleaf Financial.
Click
here to contact a
member of Goldleaf's management team
Copyright © 2002-2005 Goldleaf Financial, Ltd.
All Rights Reserved.
|
