California Pawnbroker License Surety Bonds

Pawnbrokers are businesses or individuals who lend money for a fee (interest) in exchange for personal property such as vehicles, jewelry or other valuable items left as security.  All Pawn Brokers are required to be licensed in order to transact business in the State of California.  All Pawnbrokers are also required to be licensed with the California State Board of Equalization, which may require a CA Surety Bond of Seller to secure their permit.  If the Pawnbroker is dealing in Motor Vehicles, , they will be required to post a CA Motor Vehicle Dealers License Surety Bond in accordance with the licensing parameters.  The Pawnbroker License Surety Bond is available through in all cities in the State of California that have a specific requirement.

In accordance with the provisions of Section 21303 of the CA Financial Code and as a condition precedent to the issuance or renewal of a pawnbroker's license the applicant shall file a two-year, nonrevokable surety bond with the State of California, in the sum of twenty thousand dollars ($20,000).  If the licensee is unable to prove they have the required $100,000 in liquid assets, they may post a second two-year, nonrevokable surety bond in the amount of one hundred thousand dollars ($100,000) to establish the required liquidity.

The bond(s) shall be for the benefit of pledgors of pledged property when the property is not available for redemption, due to the criminal negligence, criminal malfeasance, or other criminal conduct of the pawnbroker, and the pledgor has complied with the conditions precedent to redemption under the terms of the loan contract.

Get started now!  Follow the link below to apply for your California Pawnbroker License Surety Bonds and let our expert staff get the bond you need at the lowest possible price!  

We work fast so you can stay focused on your business - Satisfaction Guaranteed!

Need help with your California Pawnbroker License Surety Bonds??

  • Call us and let our staff walk you through the process - 800-737-4880
  • [EMAIL US] and request one of our staff to call you.

Get Your Bond Today.

It's fast and easy to get your bond.

Apply online for a quick decision. Call (800) 737-4880 to talk to our bond experts.

Apply Now