In the competitive construction industry, obtaining a contractor surety bond is essential for securing projects and building trust with clients. However, traditional bonding processes can be time-consuming and require extensive financial documentation.
To address these challenges, Avla Accelerated is transforming the surety bond market by offering fast approvals up to $1.5 million, making it easier than ever for contractors to get bonded quickly and efficiently.
What Is Avla Accelerated?
Avla Accelerated is a credit-based bonding solution designed to simplify the approval process for contractors. Unlike traditional bonding methods that require financial statements, this innovative program focuses on creditworthiness and project experience.
With a flat 3% rate and a streamlined approval process, Avla Accelerated enables contractors and brokers to secure the bonds they need without unnecessary delays.
How to Get Bonded as a Contractor with Avla Accelerated
To qualify for Avla Accelerated, contractors must meet the following criteria:
- Personal credit score of 700+ (applies to all owners and spouses)
- Strong D&B report with a good payment history (no suits, liens, judgments, or factoring)
- At least two years in business
- Proven project experience
With these straightforward requirements, contractors can quickly obtain the surety bonds necessary to secure projects and comply with contract requirements.
Supporting Small and Minority-Owned Businesses
Avla is committed to helping small and minority-owned businesses overcome the barriers to securing surety bonds. By offering a fast, transparent, and highly competitive bonding solution, Avla Accelerated allows these businesses to access government and private contracts, expand their operations, and strengthen their financial standing.
"At Avla, we recognize that access to surety bonds is crucial for small and minority-owned businesses looking to compete in the market," said Andres Alamos, CEO at Avla. "With Avla Accelerated, we provide a simplified, credit-based solution that ensures contractors can secure the bonds they need without typical financial obstacles."
Industry experts have praised Avla Accelerated for its game-changing approach. L. Ray Pitts Jr., President of Pitts Birdsong, stated:
"Most tenured companies can best be described as caretakers, while Avla’s execs, underwriters, and staff are focused on driving a result, taking a total client view, not just financial ratios. It is an industry leader. Most credit-based programs will accommodate job sizes of $750K, some will consider $1M, but none go to $1.5M. When an Avla bond can be used, the underwriters and support staff do an excellent job working to find solutions."
Benefits for Surety Bond Brokers
Avla Accelerated is not only beneficial for contractors but also provides significant advantages for surety bond brokers, including:
- Flat 35% commission – One of the highest in the market
- No financials required – Making the approval process faster and simpler
- Bilingual service in English & Spanish – Ensuring accessibility for a diverse client base
For contractors needing surety bonds beyond $1.5M, Avla also offers full contract surety underwriting with a $2M single bond capacity and a $4M aggregate limit.
A Reliable and Strong Financial Partner
Avla Accelerated is backed by AM Best A- Rated and T-listed paper, ensuring the strength and reliability of every bond issued. With extensive experience in the surety bond market across multiple countries, Avla has a proven track record of innovation and financial stability.
About Avla
Avla is a financial insurance company operating in the United States, Chile, Peru, Mexico, and Brazil, specializing in surety bonds, trade credit, and P&C solutions. With a strong focus on supporting small businesses and minority-owned contractors, Avla is committed to providing innovative financial solutions that drive growth and opportunity.
Ready to Secure Your Surety Bond?
Apply now at www.avla.com/us/categorias/contract-bonds or contact: Javier Avila – javilac@avla.com – (346) 481 9148
