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California Finance Lender or Broker Bond

California Finance Lender or Broker Bond

www.suretybondsdirect.com/surety-bond/finance-lender-or-broker-bond/ca

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Who Requires the Finance Lender or Broker Bond and Why Is It Needed?

Tablet. Finance Lender or Broker Bond for businesses engaged brokering commercial loans.

California Finance Lenders and Brokers are required to furnish a surety bond for the benefit of the Commissioner of Business Oversight of the State of California to ensure faithful compliance with California Financial Code Section 22112. The surety bond is mandated for those licensed to engage in business under and pursuant to the provisions of the California Finance Lenders Law, and is required under the provisions of the California Finance Lenders Law.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your California Finance Lender or Broker Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The bond guarantees that the principal, and all agents and employees representing the principal comply with the provisions of the California Finance Lenders Law and of all rules and regulations lawfully made by the Commissioner of Business Oversight. Under the terms of the surety bond, the bonded principal must also apply all funds received, perform all obligations and undertakings, pay to the Commissioner of Business Oversight of the State of California and to any person or persons, all moneys which become due or owing the State or to any such person or persons.




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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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