What do surety companies look for in a contractor? Learn how sureties evaluate contractors before issuing bonds, including the Three C's—character, capacity, and capital. This guide explains how financial statements, working capital, backlog, project experience, management, credit, profitability, banking relationships, and the specific construction project can affect bonding approval and a contractor's ability to qualify for larger bonds.

Learn how to get a contractor license in Washington with this complete step-by-step guide. Discover Washington L&I contractor registration requirements, general and specialty contractor classifications, the required $30,000 or $15,000 contractor bond, liability insurance, application process, fees, renewal requirements, and common mistakes to avoid when starting or operating a contracting business.

A contractor license bond may be required before you can obtain or maintain your contractor license. But what exactly is a contractor bond, how does it work, and how much does it cost? This guide explains everything contractors need to know about license bonds, including bond requirements, premiums, credit considerations, claims, renewals, and the difference between surety bonds and insurance. Learn how getting the right bond can help keep your construction business licensed