SureTec's Prequalification Services team provides a rigorous, independent evaluation of a subcontractor's financials and operations to help contractors make informed subcontractor decisions.
Know Where Your Risk Lies.
Whether you are a general contractor, developer or owner, prequalification has become a crucial risk assessment tool. Many risks are not within our control - such as economic downturns or weather - but subcontractor risk is something than can be managed if vetted properly. SureTec offers the most thorough and comprehensive risk assessment process in the industry.
Critical information presented in a logical, methodical manner.
All reserach is consolidiated into a report containing:
- Company history and breakdown of ownership
- Information regarding banking and surety relationships
- Largest completed projects and general contractor references
- Detailed financial analysis
- Legal research on the Company and owners
- A “Letter Grade” of A through D with suggested limits on a single and aggregate basis
SureTec's Prequalification Services is a valuable asset to your team.
The staff performing the prequalification reports includes individuals with Master’s degrees, Finance degrees as well as previous surety underwriting experience. We have a strong background in construction accounting and we have the experience to analyze each statement individually. There is no document processing software used, which means we're able to discern the true financial condition of a company.
Typical turnaround time for a report is 24-48 hours; however, if there is a rush situation we can usually have a report processed the same day. We pride ourselves on establishing open communications with all our clients and develop strong relationships with the risk managers.
Senior Credit Analyst/ Pre-Qual Services
Direct: (972) 265-8313
Main: (469) 241-1488
Toll Free: (888) 716-2663