Michael Anthony
Waterloo, IA (USA)
Role(s):
Founder/Owner/Principal
First Priority Cash Bonds
Find More Startups
Startup
Location:
Waterloo
Industry:
Legal
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
Unlike surety bonds where we charge 10% to post a bond, with cash bonds we charge a fee of 30 to 40%. We are basically taking the same risk, but making 3 to 4 times. It's necessary for use to raise capital so that we can be competitive in Iowa where judges are setting "cash only" bonds.