Surety Bond Guarantees

Objective

To guarantee surety bonds issued by Treasury listed surety companies for small businesses unable to obtain a bond under reasonable terms without an SBA guarantee. The guarantees range up to 90% and cover direct losses and expenses incurred by an SBA-approved participating surety should the small business default on the contract.

Who Can Apply

• Small Business Person

Guarantees are limited to those surety companies holding certificates of authority from the Secretary of the Treasury as an acceptable surety for bonds on Federal contracts. Specific criteria apply to the Prior Approval and PSB Sureties.

Who Benefits

• Small Business Person

For most contracts, a small business is eligible for bond guarantees issued by the surety bond program if it qualifies as a small business under Code of Federal Regulations Subpart 121, Size Eligibility Provisions and Standards. To learn more, visit www.sba.gov/size-standards.

Assistance Types

• Indemnity/Insurance (non-loan)

Program Contact

suretybonds@sba.gov
202-401-8275