What Surety Bond Associates does

Surety Bond Associates is a Pennsylvania-based, privately held surety bond agency founded in 2001 and headquartered at 45 E. City Ave, Bala Cynwyd. The firm operates as a full-service surety bond brokerage representing multiple surety carriers, with an explicit specialization in serving small, minority, women, disadvantaged (M/W/DBE) and veteran-owned construction contractors who face difficulty obtaining bonds through standard commercial channels. Its service portfolio spans five core bond categories (Contract, Commercial, Court, Trading Assistant, Fidelity) and a suite of Surety Support Services including consulting, Bonding Assistance Programs, SBA Surety Bond Guarantee Program access, Project Funds Control, Subcontractor Prequalification, and Surety Escrow.

The business model is commission-based: contract and commercial bonds are priced at 0.5%-3% of contract or bond amount, the SBA processing fee is 0.729% of contract price for guaranteed bonds, and the first-year premium is fully earned on bond issuance. Go-to-market combines direct online application and phone intake with structured municipal program partnerships: the firm serves as the named consultant for the NYC SBS Bond Readiness Program, the Philadelphia Rebuild Ready Business Support Program, and the New York State Surety Bond Assistance Program, and operates as an SBA Surety Bond Guarantee Program preferred agent.

Operationally the firm runs on a lean 1-10 employee base, led by President Ellen Neylan (25+ year surety industry veteran), with regional concentration in the Northeast US, primarily Pennsylvania, New York, New Jersey and the broader mid-Atlantic. Distribution is multi-channel: self-serve online applications and downloadable forms, direct phone/fax, email newsletters, SEO-driven FAQ content, and government program referrals. There is no disclosed external funding, no parent company, and no disclosed revenue, indicating an owner-operated niche consultancy rather than a venture-backed scale-up.

Name

Surety Bond Associates

Legal name

Surety Bond Associates LLC

Website

https://suretybondassociates.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Surety Bond Associates is a Pennsylvania-based surety bond agency that provides specialty surety bond products and bonding assistance programs for small, minority, women, disadvantaged, and veteran-owned construction contractors across the Northeast US.

Ownership category

akta.pro rank

Product category

Surety Bond Services

NAICS

Miscellaneous Intermediation (523910)

SIC

Surety Insurance (6351)

akta.pro primary industry

Surety & Bond Brokerage (FSAEADAI)

akta.pro secondary industry

Commercial Surety Bonds (FSAJAIAB)

Keywords

• Surety bond services
• Contract bonds
• Commercial bonds
• Bonding assistance
• SBA guarantee program

Headquarters

HQ city

Bala Cynwyd

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Surety Bond Commission: Surety Bond Associates operates as a surety bond agency earning commissions on bonds issued. The first year's premium is fully earned upon issuance of the bond. Subsequent renewal years may allow for pro-rated return on premium.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Surety Bond Associates is a full-service surety bond agency that provides specialty surety bond services and Bonding Assistance Programs to small, minority, women, and veteran-owned contractors. The company operates five core bond service categories (Contract Bonds, Commercial Bonds, Court Bonds, Trading Assistant Bonds, and Fidelity Bonds) supported by consulting, bonding assistance, SBA guarantee program access, project funds control, subcontractor prequalification, and surety escrow services.

Product overview

Surety Bond Associates is a full-service surety bond agency that provides specialty surety bond services to small, minority, women, and veteran-owned contractors. The company's portfolio consists of five core bond service categories (Contract Bonds, Commercial Bonds, Court Bonds, Trading Assistant Bonds, and Fidelity Bonds) supported by a comprehensive suite of Surety Support Services including Consulting, Bonding Assistance Programs, SBA Surety Bond Guarantee Program, Project Funds Control, Subcontractor Prequalification, and Surety Escrow. The company also operates specialized government contractor capacity-building programs including the NYC SBS Bond Readiness Program, Rebuild Ready Business Support Program, and New York State Surety Bond Assistance Program. All services are delivered through a combination of online application tools and personalized consulting.

Differentiator

Problem solved

Functional benefit

Products and services

• Contract Bonds Contract bonds including bid bonds, performance bonds, and payment bonds required for construction and service contracts, mandated by federal laws like the Miller Act and private agreements. Issued to contractors bidding on or executing public and private construction projects.
• Commercial Bonds Commercial surety bonds required by statute to support a business or professional license or permit, including auctioneer bonds, license bonds, permit bonds, tax bonds, and regulatory compliance bonds. Used by businesses across industries to meet licensing and regulatory requirements.
• Court Bonds Judicial, probate, and bankruptcy court bonds required to protect parties from loss resulting from court proceeding outcomes, including administrator, appeal, foreclosure, guardianship, and mechanic's lien bonds. Used by parties involved in court proceedings.
• Trading Assistant Bonds Surety bonds for eBay Trading Assistants and consignment brokers required by state laws and eBay to comply with licensing and bond regulations governing consignment sales.
• Fidelity Bonds

Quantifiable outcome

• 8 of 18 participants secured bonding prior to program completion

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• NYC Department of Small Business Services (SBS)coreStrategic or Co-development PartnerSurety Bond Associates serves as the consultant for NYC SBS Bond Readiness Program and Bonding Services Program. They deliver education, training, and one-on-one financial management guidance to participating M/WBE-certified construction firms to help them obtain surety bonds and increase bonding capacity for NYC construction projects.
• Philadelphia Rebuild InitiativecoreStrategic or Co-development PartnerSurety Bond Associates is the consultant for the Rebuild Ready Business Support Program and Emerging Vendors Program, helping Philadelphia M/WBE construction firms get certified, receive training, and access bonding and financing to work on Rebuild construction projects funded by Philadelphia Beverage Tax.
• Philadelphia Industrial Development Corporation (PIDC)minorStrategic or Co-development PartnerPIDC Contract Line of Credit Program provides Philadelphia-based small, minority, women, and disabled-owned businesses a line of credit to fund contract-related working capital. Surety Bond Associates refers clients and receives referrals from PIDC.
• US Small Business AdministrationcoreStrategic or Co-development PartnerSurety Bond Associates is a preferred agent participating in the SBA Surety Bond Guarantee Program, which guarantees bid, performance, and payment bonds for small contractors who cannot obtain bonds through regular commercial channels. SBA guarantee limits increased to $6.5 million.
• Commonwealth Insurance CompanyminorOthersFormer competitor whose liquidation in 2014 created opportunity for Surety Bond Associates to welcome displaced customers and replace their cancelled surety bonds.
• Connecticut Surety Bond Guarantee ProgramminorStrategic or Co-development PartnerProposed SB 736 would establish a state bond guarantee program to help small and minority contractors with bonding in Connecticut.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/suretybondassoc
• Facebookfacebook.com/suretybondassociates

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Surety Bond Associates