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X-WR-CALNAME:NWLA APEX | Government Contracting Assistance
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DTSTART;TZID=America/Chicago:20230228T120000
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SUMMARY:Surety Bond Basics for Government Contracting and More
DESCRIPTION:Register Here ( https://govology.com/product/surety-bond-basics-for-government-contracting-and-more/ ) Use code 20nwla23 to access this webinar for FREE\nIf your industry requires bonding, this webinar is for you. It will teach start-ups the challenges they will face in securing bonding for the first time and provide guidance to contractors who are not quite ready to produce financial statements.\nThe credit-based surety programs base approval on prior completion history and personal credit, thus posing a potential problem for companies whose owners’ credit scores are less than stellar. Hence, in this webinar, you will learn:\n\nHow the SBA bond program can help you if your personal credit score is 660 or lower; and\nWhy even a modest bank line of credit can provide additional bonding support.\n\nIn addition, you will also learn financial analysis basics and the importance of tracking your project using a Work In Progress schedule.\nSpecifically, this webinar will cover the following topics:\n1. Suretyship Law – Surety v. Insurance\n2. Credit-Based Programs – Why personal credit is so important\n3. SBA Bond Guaranty Program – Federally-backed bond program to help those whose credit score is relatively low\n4. Understanding working capital and net worth calculations\n5. Defining Work in Progress – Percentage of completion basics\n6. Types of financial statement preparation\nRegister Here ( https://govology.com/product/surety-bond-basics-for-government-contracting-and-more/ ) Use code 20nwla23 to access this webinar for FREE\n
URL:https://www.nwla-apex.org/events/surety-bond-basics-for-government-contracting-and-more/
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