Instant Contract Bonds: RAP for Credit-Only Contract Bonds
In today’s competitive construction and development markets, quick access to surety bonds can be the deciding factor in winning and executing projects. Merchants Bonding Company’s Rapid Access Program (RAP) is designed to meet the industry's need for speed, offering both instant, credit-only contract bond solutions that keep projects moving and contractors focused on building success.
What is the Rapid Access Program?
The RAP program provides automated approvals based on personal or business credit, offering a completely financials-free application process for qualified contractors, subcontractors, and developers. Using Merchants’ award-winning Hub platform, contractors can secure instant approval surety bonds with decisions delivered in just seconds.
RAP covers a range of essential bonds including performance bonds, payment bonds, and bid bonds, helping construction professionals meet project and legal requirements with minimal delay. The online application leverages electronic bond signatures, allowing for seamless completion of bond transactions anytime, anywhere.
Bond Sizes Available Through RAP
Merchants Bonding Company’s RAP program is designed for small to mid-sized contractors and developers. Bond sizes available under the program include:
This means that contractors seeking a single instant contract bond for projects up to $1 million can move forward without needing to submit financial statements. Similarly, developers requiring multiple smaller bonds for various projects can qualify for an aggregate limit up to $1.5 million through the RAP program.
For subdivision projects, RAP can facilitate subdivision bonds and developer surety bonds, offering municipalities assurance that public improvements will be completed as promised.
Designed for Contractors, Subcontractors, and Developers
The RAP program is ideal for companies in need of contractor bonding solutions that are fast, flexible, and easy to manage. It is particularly beneficial for newer contractors or growing firms that may not yet have extensive financial history but maintain strong credit profiles. RAP also makes securing subcontractor bonds more accessible, ensuring that smaller firms can participate in larger projects without financial barriers.
Whether you are a general contractor bidding on your first major public works job, a developer securing permits for a new subdivision, or a subcontractor providing specialized services, RAP offers the flexibility to quickly obtain the bonds you need.
The Power of a Streamlined Surety Process
At its core, RAP is about eliminating obstacles and saving time. Through a streamlined surety process, agency partners can create accounts, approve bonds, and deliver needed guarantees without extensive back-and-forth or document gathering. Merchants’ system even supports rush requests and provides an agency line of credit to accommodate urgent bonding needs.
If an account eventually grows beyond RAP’s single or aggregate limits, Merchants’ underwriting team steps in with customized support, helping contractors transition smoothly to standard or larger bond programs without interrupting their project schedules.
Customer Satisfaction That Speaks for Itself
The RAP program has earned a 98% satisfaction rate among users, with agents and contractors frequently praising it as “crazy fast” and “the easiest credit only bond program on the market.” Contractors appreciate that they can move forward with project commitments without waiting weeks for traditional underwriting reviews.
By offering instant approval and financials-free underwriting, RAP enables contractors to stay competitive, meet bid deadlines, and focus on their business growth rather than paperwork.
Get Started Today
If you are looking for an instant contract bond solution or a better way to manage your bonding needs, Merchants Bonding Company’s Rapid Access Program offers the speed, reliability, and simplicity you need. Whether you are securing a performance bond for a key project, a payment bond for a subcontract agreement, or a subdivision bond for a development plan, RAP is built to meet your needs.