COLLECTION AGENCY BOND
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Collection Agency Bonds in all states.
What is a Collection Agency Bond?
A Collection Agency Bond is a type of license bond that guarantees that the collection agency will follow the laws in place regarding the collection of debts. States require this bond in order to obtain a license.
Collection Agency bond amounts and effective dates vary by state.
What are the underwriting guidelines?
Collection Agency Bonds are underwritten on the following criteria:
- Bond Amount
- Corporate and/or Personal Credit History
- Corporate and/or Personal Net Worth
- Obligee Obligation
- Length of Time in Business
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Collection Agency Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Collection Agency Bond?
To apply for a Collection Agency Bond, simply click here to complete our application. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?