Latest / Cash Flow Conversations with Fexingo: Working Capital, Receivables, and Small Business Finance
How a Landscaper Won Big Contracts With a Performance Bond
In this episode of Cash Flow Conversations, Lucas and Luna dig into a specific tool that small contractors often overlook: the performance bond. They tell the story of a mid-sized landscaping firm in Ohio that kept losing bids to larger competitors. The owner discovered that posting a performance bond — not just a bid bond — changed how clients saw his company. Lucas walks through how the bond worked, what it cost, and how the landscaper used the cash he would have tied up in retainage to fund new equipment. They also touch on the difference between performance bonds and other surety…
The skinny
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