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Description:
Bail Bond Companies who want to benefit from sharing some of their sub prime lending risk with outside unsecured lenders.
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Will Surety Companies Push Agents Into Bail Premium Fee Financing?
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This is a good question and I will tell you why. I was on the phone on
more than one occasion with more than one surety company when I heard
something very eye opening. All along we thought that our service only
benefited bail bond companies. After these conversations we realized
that our system is not just for helping agents reduce their lending... more »
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Why Are Bail Bond Companies Forced Into Sub Prime Lending?
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Very interesting question if you think about it. On the phone with a
large bail bond company I was told that many people just don't have
enough cash up front. If the bail bond companies did want to refuse to
take payments on their fees they would go out of business.
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