Tennessee Industrial Loan and Thrift Surety Bond

Tennessee Industrial Loan and Thrift (TILT) companies  engaging in the business of making loans and imposing interest and loan charges authorized by the TN Industrial Loan and Thrift Act, including persons engaged in business as endorsement companies, must file for registration with the Tennessee Department of Financial Institutions.  Registrants must post and maintain an Industrial Loan and Thrift Surety Bond to guarantee compliance and payment provisions with the act.

Bond amounts required for TILT Lenders/Servicers :

Amount Originated Surety Bond Amount Required Base Rate Preferred Rate Account Rate
Less than $10,000,000 $100,000.00 $1,500 $1,050 $750
$10,000,000 - $49,999,999   $200,000.00 $3,000 $2,100 $1,500
$50,000,000 or more  $300,000.00 $4,500 $3,150 $2,250

Bond amounts required for TILT Brokers:

Amount Originated Surety Bond Amount Required Base Rate Preferred Rate Account Rate
Less than $10,000,000 $45,000.00 $675 $473 $338
$10,000,000 - $49,999,999   $90,000.00 $1,350 $945 $675
$50,000,000 or more  $135,000.00 $2,205 $1418 $1,013

If you are a TILT  Lender and Broker, select a bond amount from the Lenders requirements.

All Tennessee Industrial Loan and Thrift License Surety Bonds must be replaced or renewed by the statutory expiration date of June 30 of each year.

Get started now!  Follow the link below to apply for your Tennessee Industrial Loan and Thrift Surety Bond 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 Tennessee Industrial Loan and Thrift Surety Bond??

  • 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.

*all rates are subject to underwriting qualification