NYC SBS Bonding Svcs Webinar: Strategies To Increase Your Bonding Capacity

Tue Mar 25 2025 at 10:00 am to 11:00 am UTC-04:00

Online | Online

NYC Department of Small Business Services
Publisher/HostNYC Department of Small Business Services
NYC SBS Bonding Svcs Webinar: Strategies To Increase Your Bonding Capacity
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Construction M/WBEs - this webinar will cover essential strategies to strengthen your financial position for surety bond qualification.
About this Event

Construction M/WBEs looking to grow their business, through City project work or other, are invited to our free NYC Department of Small Business Services (SBS) Bonding Services webinar series that will provide information about surety bonds, how to position your construction business to secure bonding, and what surety companies look for in a good bond candidate.


WEBINAR: STRATEGIES TO INCREASE YOUR M/WBE CONSTRUCTION FIRM'S BONDING CAPACITY

Your bonding capacity is a reflection of your financial strength, financial reporting, management team strength and how it is presented to a surety bonding company. The first thing you need to do is to find a bonding agent who specializes in providing bonds to smaller NYC M/WBE contractors. This webinar will provide essential strategies and important tips on how to strengthen your financial and working capital position; how to present your financial statement to maximize your bonding capacity; the key indicators surety companies are looking for in good bond candidates; how to accurately report your job schedules; and financial assistance tools available to expand your bonding program.


Who should attend - M/WBE construction and trade firms:

  • interested in working on City projects
  • already doing commercial work
  • seeking surety bonds in order to do larger projects

NOTE: This webinar will be conducted virtually. A separate email will be sent to the email address you provide on this registration site, containing the webinar info and access link.


The NYC Department of Small Business Services offers this free webinar through its . More in-depth consultations are available to explore this and related bond topics and concerns further, at no charge. Schedule a one-on-one consultation appointment for this topic or assistance with applying for a bond through our webpage: .


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