Ohio Pawnbroker Surety Bond
Ohio Pawnbroker Surety Bond
We write $10,000 Pawnbroker bonds in Ohio.
Our GOOD CREDIT price is $100.
Click for a No Obligation Quote
Ohio Pawnbroker surety bonds are required by the Ohio Department of Commerce, Division of Financial Institutions. The Ohio Pawnbroker bond is also known as a Precious Metal Dealer bond. The required bond amount is $10,000. Ohio Revised Code, Section 4728.03, requires each applicant to have a business net worth of at least $10,000. If the applicant does not meet the Ohio Revised Code, then a $10,000 surety bond must be posted.
If your application is approved, and once the bond is issued, we will sign the bond and shall attach the agents authority, as well as the last financial statement of the surety company.
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.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Ohio Department of Commerce, Division of Financial Institutions
Bond Amount - $10,000
Bond Premium - $100
Renewal Document - None.