Required by state and local agencies before you can legally operate your business.
Whether you're licensing a dealership, a contracting business or a broker operation, your agency almost certainly requires a surety bond on file. We carry the widest range of license and permit bond forms in the country, matched exactly to your state's paperwork.
Sample pricing shown for reference — your rate depends on bond amount, state and credit.
Most cities and states won't issue your license without proof of an active bond on file.
The bond guarantees your customers and the public are protected if you violate licensing rules.
Nearly all license bonds renew yearly — we'll send reminders before yours expires.
Unlike a bank guarantee, a surety bond doesn't tie up your cash or credit line.
It's a bond required by a state or local government agency before they'll issue you a business license. It guarantees you'll follow the laws and regulations tied to that license.
Most license and permit bonds under $200,000 are approved same-day, with no credit check required for many bond types.
For some bonds, yes. For many license and permit bonds we offer a flat rate regardless of credit.
The surety investigates and, if valid, pays the claim up to the bond amount — then you're responsible for reimbursing the surety.