Commercial Surety Bonds are an all-encompassing term used to describe License, Permit and Miscellaneous surety bonds. Each provides a distinct guarantee related to the particular bond type.
License bonds are required of many businesses that provide professional services like Contractors License Bonds or Insurance Broker Bonds. The bond ensures that the professional has been properly qualified to perform the licensed business and that they have agreed to comply with the underlying state, city, county or municipality’s laws, statutes, regulations or ordinances. Permit bonds allow businesses and individuals to perform a certain task that requires a permit authorizing them to perform the task.
Miscellaneous bonds are for all other bond types that fall under the commercial bond term that are not otherwise classified, like Sales Tax Bonds and Utility Deposit Guarantee Bonds. They provide a guarantee that the bonded party will pay their obligation accordingly. Our bond library is constantly growing, so if you don’t see your bond type, let us know. Whether you need a Motor Vehicle Dealer Bond or a Mortgage Broker Bond, take the first step to getting your bond by completing our online application, most bonds can be issued the same day.
You can also search for your needed bond on our surety bonds by state page or by searching by bond type. Continue On To Comercial Surety Bonds.