Think of us as an extension of your business:
At Loxme Group, we don’t just provide surety bonds—we become an extension of your business, working alongside you to ensure success. Your goals are our goals, and we are fully invested in your growth.
Who We Are - Our Mission: We are the vehicle that will take your business to the next level!
At Loxme Group, our mission is to provide tailored surety bond solutions that foster growth, financial stability, and long-term success for contractors in NYC and the tri-state area. We are committed to guiding our clients through the complexities of bonding, helping them secure larger projects, and building a stronger foundation for their business.
We understand the challenges of public work bidding and work to streamline the bonding process, ensuring you have the financial support and strategic guidance to compete and succeed.
Whether you’re securing your first bond or expanding your capacity, Loxme Group is your trusted partner in navigating the surety bond process.
Why Loxme Group? When others can't get it done, WE CAN!
Bonding is critical to your success—make sure you have the best on your side.
With 30 years of underwriting experience, we have the expertise to prequalify and negotiate the best terms for you.
Unmatched Industry Relationships
- We are appointed with 15 A-rated, T-listed direct markets and hold power of attorney for each, giving you more options and creating competition to secure the best terms.
- We leverage our network of top CPAs, lawyers, bankers, and engineers to provide additional support when needed.
Expert Guidance
- We work closely with contractors to strengthen their financial position and secure the best bonding terms.
- We provide detailed financial analysis and can work directly with your accountant to ensure you’re bond-ready.
- Our free monthly newsletters and expert panel webinar series keeps you informed on industry trends and strategies
Growth-Focused Solutions
- Our team fuels your growth by securing and supporting your bonds better than anyone—because we know how to win.
- We assist in securing larger bank lines of credit and increasing your bond capacity.
- For extra support when needed: We are an authorized SBA agent and can also qualify you for the NYS Bonding Assistance Program.
Speed & Efficiency
- Quick response times so you never miss a bid opportunity.
- Access to several specialty bond markets and fast bond programs to accommodate unique needs.
Your Trusted Partner in Bonding:
We are committed to acting in your best interests, delivering unmatched personalized service with the responsiveness and expertise you deserve. Guided by a strict code of ethics, we make decisions that align with your long-term success, giving you a trusted partner who understands your business as well as you do.
Lori Fay is the founder and president of Loxme Group Inc., bringing decades of expertise and a relentless commitment to her clients' success. A Buffalo, NY native, Lori graduated from the University of Buffalo before moving to New York City in 1994 to pursue a career in surety.
She began as an underwriter, spending over a decade at three major surety companies before discovering her true passion—working directly with clients on the agency side. With deep underwriting knowledge and industry insight, she leads her team in helping contractors secure the bonds they need to grow and thrive.
Industry Leadership & Advocacy
As a certified WBE, she actively supports firms entering the public sector market, teaching workshops and serving as a mentor for:
- NYS DOT BEP, MTA, and NYC SCA mentor programs
- Has taught bond readiness workshops for Regional Alliance, SBA, SBS, and SOBRO and as well as many others.
- Mentor Coach at Columbia University for the CU Grow Program since 2017
- Serves on the Board of the National Association of Minority contractors (NAMC)
Her industry contributions have earned her recognition, including being named a WBC Outstanding Woman of the Year in 2009 and 2012.
Beyond the Industry
Lori is passionate about travel, loves animals, philanthropy, and global education initiatives. She was previously involved in BuildOn/Run2BuildSchools, a project dedicated to building schools in underserved communities. She has personally volunteered to construct schools in Nepal (2016) and Senegal (2017).
Support this incredible cause: Run2BuildSchools
Behind the Name:
In 2016, Lori traveled to a small village in Nepal as a volunteer with Run2BuildSchools/BuildOn to help construct a school. As part of a local tradition, the villagers honored each volunteer with a local name—Lori was given Laxmi (also known as Lakshmi).
For a week, she embraced this name, unaware of its significance. It wasn’t until she returned—after days without internet—that she discovered its meaning. In Hindu culture, Laxmi represents prosperity, success, and good fortune—a name that perfectly aligned with her mission and passion. It was fate.
While the spelling of the name is changed slightly to Loxme, (to be more phonetically kind), it still holds the same meaning.
Notice the lotus flower in the logo!
