Michigan Sales Finance Company Bond

Michigan Sales Finance Company Bond

We write $20,000 Sales Finance Company Bonds in the state of Michigan.
Our GOOD CREDIT price is 1% of the bond amount.

Click for a No Obligation Quote

Michigan Sales Finance Company Bonds are required by the Michigan Department of Insurance & Financial Services. The required bond amount is $20,000. Each additional branch office will require another $10,000 Bond.

Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.

We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.

We find the best possible price for your surety bond given your particular qualifications.

Follow this link if you would like to visit the state of Michigan website for the Sales Finance Company Bond requirement.

Additional information about this corporate surety bond requirement is as follows:

Obligee - Michigan Department of Insurance & Financial Services
Bond Amount - $20,000.00 (Each additional branch requires another $10,000 Bond)
Bond Premium - Varies
Renewal Document - None.

Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

I am an ...

Most Obligee's require that the name on the Bond EXACTLY match your license or license application.
Type of Entity
Has the business or any of the owners been involved in:

If there are documents that you would like to upload for our review, please upload them below

By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties