California Loan Company | $5,000 Loan Company Surety Bond

Also known as: loan company bond

Type of Bond

A California loan company bond is a type of surety bond required by the California Department of Business Oversight for businesses that engage in lending activities. The bond serves as a financial guarantee that the loan company will comply with all applicable laws and regulations related to lending and will fulfill its obligations to borrowers. In the event of a violation or failure to meet these obligations, a claim can be made against the bond to provide financial compensation to affected parties. The bond amount varies based on the size and scope of the loan company's operations and may be used to cover costs related to damages, penalties, or other expenses resulting from the loan company's actions or inactions.


Program

The price you'll pay for your $5,000 Loan Company Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $5,000 Loan Company Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $5,000 Loan Company Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Loan Company Bond Application process.

The California Loan Company Bond amount is currently set at  $5,000.

Obligee Information

An obligee is the entity that is requiring you to have the Loan Company bond.

Obligee: State Of Wisconsin