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Collection Agency Surety Bond

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Collection Agency Surety Bond

What is a Collection Agency Surety Bond?

A Collection Agency Surety Bond ensures that monies collected by the bonded collection agency are handled appropriately according to the rules and regulations governing collection agencies within the state requesting it.

What is the current market for a Collection Agency Surety Bond?

Collection Agency Surety Bonds are widely written by multiple surety bond markets.  The bond amount for the Collection Agency Surety Bond varies dependent on the state requesting the bond.  Terms of approval and premium are largely determined by the financial condition of the collection agency's corporate and/or personal net worth and experience.

How do I apply for a Collection Agency Surety Bond?

  1. Start by filling out our Collection Agency Surety Bond Application by clicking here;
  2. Attach a copy of the most recent corporate financials and past two fiscal year end statements; and
  3. Email or fax the information to submissions@dblsurety.com or 888.204.8716.

Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.

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By Bart Leek

 
 
 
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DBL Surety, LLC 1500 Beville Rd. Ste. 606 #311 FL 32114
Ph: 386.316.2547 | Fax: 888.204.8716