Payment Bond Alternative

Midwest Title & Escrow pioneered one of the first federal programs for contractors required to post a payment bond. This program initially was implemented with the EPA and has proven to be both administratively and economically productive for all parties.

Such programs have earned Midwest Title & Escrow a reputation for efficient and secure handling of transactions involving large sums of money, and they can be tailored to your needs.

Midwest Title & Escrow reviews and signs off on all invoices. This approval allows the government office to proceed with payment to the contractor.

Fees are predicated on a per account receivable invoice basis. All invoices are submitted to our office for review and verification—a process that is accomplished within a few hours of receipt of the invoices. We then submit our certification to the federal agency for payment.

Call us for details; factoring can be a cost-effective alternative to bonding for many industries.