Secure Your California Finance Lenders or Brokers Bond with A1SuretyBonds.com today, Instant Issue!

If you’re operating as a finance lender or broker in California, securing a California Financing Law License Surety Bond is a critical step in obtaining and maintaining your license. At A1SuretyBonds.com, we specialize in helping financial professionals meet state bonding requirements quickly and affordably, without any hidden fees.  Apply Now to secure your CA Finance Lender or Broker Bond - Instant Approval!

What Is the California Financing Law License Surety Bond?

The California Financing Law (CFL), governed under Financial Code § 22000 et seq., requires finance lenders, brokers, and certain other regulated entities to obtain a surety bond as a condition of licensure. This bond acts as a financial guarantee that your business will operate ethically and comply with the laws and regulations enforced by the California Department of Financial Protection and Innovation (DFPI).

Also referred to as a:

• Finance Lenders Law Bond

• Finance Lenders Bond

• Finance Brokers Bond

• Finance Lender or Broker Bond

This surety bond provides consumer protection by covering damages in case of violations such as fraudulent lending practices or breach of regulatory obligations.

Who Needs This Bond?

You are required to obtain this bond if your business is engaged in any of the following activities in California:

• Consumer lending

• Commercial lending

• Brokering loans

• Providing financing solutions to individuals or businesses

• Operating as an installment loan provider or payday lender

Whether you are applying for a new California Financing Law License or renewing an existing one to secure a better rate, this bond is mandatory under state law.

Statutory Requirements Under California Law

The California Financing Law and associated regulations lay out the compliance framework for licensees. Key legal references include:

• Financial Code, Division 9, § 22000 – 22780

• Title 10, California Code of Regulations, § 1404 et seq.

The law mandates that licensees:

• Operate with transparency and integrity in all lending transactions

• Maintain proper records and reporting

• Comply with fair lending standards and fee limitations

• Provide refunds or adjustments as required by law

Failure to comply can result in penalties, suspension of licensure, and claims against the bond.  California Financing Law - DFPI Overview

Bond Amount and Cost

Required Bond Amount

The minimum bond Amount required for the California Financing Law license is $25,000.  Depending on the amount of loans you will be processing in a given 1 year term, the state may determine that you need a higher amount based on volume.  All $25,0000 bond amounts are instantly approved at a $200 annual bond premium.  If you need a different bond amount, please give us a call at 800-737-4880 to discuss underwriting requirements.  These higher bond amounts are typically 1% to 3% for well-qualified applicants.

Factors That Affect Cost:

• Personal credit score

• Business financials

• Bond amount required by DFPI

• Industry experience

How to Apply for a California Finance Lenders Bond

At A1SuretyBonds.com, we've streamlined the application process to save you time and get your bond approved fast.

Application Checklist

• Complete our online application

• Receive an instant approval upon completion of the application

• Pay the $200 annual premium online

• Log Into your NMLS account and authorize "The Surety Syndicate LLC - 16849388" to manage your surety bonds.

• Once we receive authorization from NMLS, we will electronically file your bond for you to electronically sign in the NMLS system.

Why Choose A1SuretyBonds.com?

We specialize in bonding solutions for financial services professionals. Here’s why companies trust us:

• Fastest Quotes – Most bonds are instant issue, otherwise we provide quote/approval within 24 hours in most cases

• Competitive Rates – Access to top national surety markets to provide you with the best pricing

• Expert Service – Work with experienced bond agents who have been in the surety industry for multiple years

• Simple Process – We have taken the guess work out of the process of securing your required surety bond

• Nationwide Coverage – Licensed in all 50 states to meet the needs of our many clients.

Apply Today

Don’t let licensing delays hold back your business. Secure your California Finance Lender or Broker Bond today with A1SuretyBonds.com.  Apply Now to secure your CA Finance Lender or Broker Bond!