Most surety companies will not accept financial statements that are prepared on a Cash Basis, as it is not an accurate reflection of the company’s assets and liabilities (accounts receivable and accounts payable accounts).
Brought to you by your best carrier for Contract, Site and Subdivision Bonds:
FIA Surety / First Indemnity of America Insurance Company
2740 State Route 10 West, Suite 205
Morris Plains, NJ 07950-1258
Phone: 856-304-7348
FIA Surety: A Carrier Providing A Rated, T-listed bonds in all states!