Mechanic Group launches surety bond for security industry

SSN Staff  - 
Saturday, April 1, 2006

PEARL RIVER, N.Y.--The Mechanic Group, an insurance program manager servicing the security industry, has a new Bid, Performance, and Payment Bond Program exclusively for small and mid-sized companies. Capacity of up to $2,000,000 is available for those who qualify, which entails personally guaranteeing the surety credit line and delivering two years of audited financial statements.