Surety Bonds Have Become an Essential Instrument for Real Estate Developers

At a time when many lenders require comprehensive guarantees covering all facets of a real estate project before considering financing, engaging the expertise of surety bond professionals has become a critical step in bringing a project to completion.

In a recent article in Prestige magazine, Julie Bédard, Vice-President, Strategic Positioning and Business Relations for the province of Quebec and Patrick Lambert, Team Lead and Client Executive – Construction, Surety at BFL CANADA, outline the support provided by bond professionals and explain why their involvement is particularly recommended for projects requiring bonding.