N.J. Governor Chris Christie recently signed legislation intended to give small businesses a boost by helping them get funding.
Bernard Fleischer and Sons/BFBond.com supports this legislation to help minority owned businesses to be competitive and bid on State and Federal work. By offering programs of $250,000 and up for small businesses, we can help provide the confidence and bonding needed to be considered for such lucrative contracts.
The bill (S123) creates the Small Business Bonding Readiness Assistance Program within the state’s Economic Development Authority, which doles out millions in financing and billions in tax credits to businesses in the Garden State.
Christie signed the bill into law inside the African American Chamber of Commerce’s headquarters in Trenton. Bernard Fleischer and Sons/BFBond.com is committed to helping to give minorities “greater access” to programs like these to help rebuild cities like Trenton, NJ.
The services are designed to provide support and assistance to small businesses seeking surety bonding by providing a better understanding about what surety underwriters are taking into consideration during the bond application process which is often missing when small businesses seek to satisfy bonding requirements on larger projects.
Bid and Performance Contract bonds are often difficult to qualify for and costly for smaller businesses. Along with The Small Business Readiness Assistance Program, Bernard Fleischer and Sons/BFBond.com can help small and minority owned businesses navigate the process.
We can help you grow your knowledge even further and supply competitive bond premiums to enable your business to qualify for profitable government projects. Visit us at www.BFBond.com to learn more or call 1.800.921.1008 and speak to our informative bond underwriters.
T: 212 566-1881 ext.110