Understanding Credits & Its Impacts on Surety Bonds

Postponed

Online Event


About the Event

Understanding Credits & Its Impacts on Surety Bonds

Thursday,  March 11, 2021 at 10am CST | 11am EST

As you prepare for this upcoming construction season during the COVID-19 crisis, we want to equip you with the tools and resources.

We will discuss how to fix and maintain a healthy credit score, along with its impacts on surety bonds – tailoring it to construction/transportation. The workshop will be packed with information and questions are encouraged. 

Some topics we will discuss will be:

Credit : 

  • Understanding credit and its impacts with COVID-19
  • Additional programs for those not working / impacted by COVID-19
  • Credit relief tips
  • How to manage debt
  • Loan requirements

Bonding : 

  • How credit plays a role in bonding
  • If my credit took a risk because of COVID-19
  • Bonding considerations during COVID-19
  • Increasing your bonding capacity
Location

Online Event

Date and Time

Postponed

Cancelled

Organizer

USDOT Great Lakes Region Small Business Transportation Resource Center

USDOT Great Lakes Region Small Business Transportation Resource Center 

SBTRC Services and Programs

SBTRCs provide an array of technical assistance to build the capacity of Small and Disadvantaged Businesses, making the businesses more competitive when bidding on DOT procurement opportunities and federally-funded contracts. Services include the following: 

  • Business Analyses
  • Market Research and Procurement Assistance
  • General Management & Technical Assistance
  • Business Counseling & Coaching
  • Regional Planning Committees
  • Liaison between Prime Contractors and Sub-Contractors
  • Outreach/Conference Participation
  • Capital Access and Surety Bond Assistance
  • Women & Girls In Transportation Initiative (WITI)

The Illinois Hispanic Chamber of Commerce (IHCC) is a grantee of the U.S. Department of Transportation and hosts the Great Lakes Small Business Transportation Resource Center (SBTRC). The Great Lakes Region SBTRC serves the states of Ohio, Illinois, Indiana, Michigan, Minnesota, and Wisconsin.

Organizer

USDOT Great Lakes Region Small Business Transportation Resource Center

USDOT Great Lakes Region Small Business Transportation Resource Center 

SBTRC Services and Programs

SBTRCs provide an array of technical assistance to build the capacity of Small and Disadvantaged Businesses, making the businesses more competitive when bidding on DOT procurement opportunities and federally-funded contracts. Services include the following: 

  • Business Analyses
  • Market Research and Procurement Assistance
  • General Management & Technical Assistance
  • Business Counseling & Coaching
  • Regional Planning Committees
  • Liaison between Prime Contractors and Sub-Contractors
  • Outreach/Conference Participation
  • Capital Access and Surety Bond Assistance
  • Women & Girls In Transportation Initiative (WITI)

The Illinois Hispanic Chamber of Commerce (IHCC) is a grantee of the U.S. Department of Transportation and hosts the Great Lakes Small Business Transportation Resource Center (SBTRC). The Great Lakes Region SBTRC serves the states of Ohio, Illinois, Indiana, Michigan, Minnesota, and Wisconsin.