Build-up fund (BUF)
Bail bond build-up fund terms that work for agents
Your BUF is your money. Bobcat Surety offers some of the most agent-friendly build-up fund terms in North Carolina, explained clearly before you sign.
What is a build-up fund?
A build-up fund (BUF) is a reserve built from a portion of every bond you write. It protects you, the MGA and the carrier against forfeiture losses. Because it's funded by your premiums, its terms have a direct effect on your cash flow and your ability to grow.
Why agents switch to Bobcat for our BUF terms
Agents tell us our BUF terms are one of the biggest reasons they moved their business to Bobcat Surety. We built our terms around a simple idea: the agent's money should help the agent's business.
- Fair withholding: structured so you keep more cash to run and grow your agency
- Clear rules: you'll know exactly how losses are handled and how funds are released
- Transparency: regular statements so you always know your balance
- No surprises: we walk through every term with you before you sign
Exact terms depend on your experience and volume. The best way to learn more is to talk with us. Want to compare MGAs? Read What Is a Bail Bond Build-Up Fund? for the questions every agent should ask.
Ready to write with a better MGA?
Apply in about five minutes, or call and talk with our team today.