Select CFMA South Jersey Event Tickets Here (Please Note: You can choose to pay by credit card, check or at the door after ticket option is chosen).
Banking and Surety relationships are the pillars of successful contractors.
Cash is king. When you need a bond for a contract, it’s just that; you need the bond. Both industries offer credit based on substantial upfront underwriting and an ongoing flow of information in order to address routine and circumstantial needs. Capital expenditures. Spikes in cash needs for the busy months or slow pay. Capital expenditures. Securing bonds for the largest single project you want to pursue or the largest backlog you have ever carried.
As 2019 ends and 2020 begins, what are our current market conditions and how are they affecting our banks and surety companies? Revenue Recognition? The new lease accounting standard? There is talk of preparing for a downturn. How will our banks and surety companies respond?
Attendees can expect the following takeaways;
- What information requirements am I expected to meet?
- What information are my underwriters keying on?
- How do requirements change as our company grows?
- Insight into current market conditions for banking and surety industries
6:00 – 7:00 Dinner & Beverages
Sarah Hudak, M&T Bank – Vice President, Senior Credit Officer
Jerome Baier, M&T Bank – Vice President, Business Banking
Nicholas Giorgio, Nationwide Surety – Director, Mid-Atlantic Contract Surety
Gary Kohan, M&T Insurance Agency, Inc. – Vice President, Surety