Part of the Wholesale Supply Agreement with World Fuel Services, Inc. includes the posting of a surety bond. This surety bond guarantees payment for resale of fuel. If payment is not made in a timely manner, or any of the terms of the Supply Agreement are violated, World Fuel Services can file a claim on the bond for reimbursement. The amount of the surety bond varies and is based on the amount of fuel being provided, per the wholesale supply agreement. The surety can cancel the bond at any time by providing written notice to World Fuel Services Inc. 30 days prior to the effective cancelation date.
Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.