A Pawnbroker license bond is required for people who engage in the business of lending money on a deposit or on a pledge of personal property against a security written evidence. Without an adequate license, no person can carry on the pawnbroker business. To obtain the pawnbroker license the pawnbroker must obtain a bond called a pawnbroker license bond, pass a background check and pay the appropriate state licensing fees. Only after obtaining the license, the pawnbroker can start the business by lending loans on pledge or purchasing of personal property on condition that it will be sold with in a stipulated time or on goods, wares or merchandise. This bond Guarantees the compliance with respect to laws and regulations to govern the operation of pawnbrokerâ€™s business. This pawnbroker license is for the benefit of pledger for the pledged property. When the property pledged is not available for redemption due to the negligence of the pawnbrokers, this pawnbroker license will protect him.
The price you'll pay for your Pawnbroker License 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 Pawnbroker License 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.
The application process for a Pawnbroker License 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 Pawnbroker License Bond Application process.