Rapid Access Program

Instant Contract Surety Bonds

With Merchants Bonding Company's Rapid Access Program (RAP), qualifying contractors and developers are approved in seconds based on credit, and general indemnity agreements are expedited seamlessly with e-signatures.

Why Use RAP?

  • Qualifying accounts are approved in seconds based on credit
  • An effortless e-application allows agents to send the RAP application from the Merchants Bonding Company Hub directly to the client to collect the required information.
  • GIAs sent directly to indemnitors for electronic signature
  • Secure online account messaging and document sharing
  • Work with your primary underwriter on accounts that don't meet the program guidelines or if an account outgrows RAP

 

Contract Surety Bonds Construction Image

Rapid Access Program - Contractors

  • $750,000 Single Bond
  • $750,000 Total Open Bond Penalty
  • Credit Only Underwriting
  • Agency Line of Credit
  • General Contractors & Subcontractors
  • Bid, Performance, Payment
  • Exclusions Apply
Program Details

Rapid Access Program - Developers

  • $750,000 Single Bond
  • $750,000 Total Open Bond Penalty
  • Credit Only Underwriting
  • Commercial & Residential Developers
  • Subdivision, Completion, Public Improvement, Performance, Payment, Maintenance
  • Exclusions Apply
Program Details
 
Working with Merchants' RAP program is extremely easy, for both the agent and client. Most small contractor accounts need a quick turn around time, and that is exactly what RAP offers.

How Do I get a Surety Bond?

Surety bonds are issued by Merchants Bonding Company (Mutual) through insurance agents. Contact your local insurance agent or use our Find an Agent tool. They will guide you through the process, informing you of what documents and information are needed by the surety (Merchants Bonding Company (Mutual)) to underwrite your bond.