Frequently Asked Questions (FAQ)
Bond Amount ranges from $25,000.00 to $200,000.00 with bond amount under $50,000.00 instantly approved. Standard Rate is 1.000% per year; with a minimum premium of $100.00.
CALIFORNIA-FINANCE LENDER BOND
CALIFORNIA-FINANCE LENDER BOND
Underwriting Details
This bond is set at Category 5 – Auto Quote up to $50,000.00. System will instantly approve if the bond amount $50,000.00 and below that meets the set credit/ FICO requirements.
Bond Amount ranges from $25,000.00 to $200,000.00 with bond amount under $50,000.00 instantly approved.
Standard Rate is 1.000% per year; with a minimum premium of $100.00.
Standard / Default term is 1 year.
A multiyear discount is available at 25% on subsequent years.
A signed application is required.
Surety Bond Cost Breakdown — Get Approved and Pay Online in 2 Minutes. We are Surety bond producers and are business professionals who specialize in providing contract surety bonds to contractors. Everything You Need to Know About the Surety Underwriting Process, we will be more than happy to assist you call or text us now 731-333-3366
Execution Notes
Bond is electronically signed by the Surety Attorney in Fact.
Filing Method
Surety will file the bond on behalf of the principal direct with the obligee.