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License & Permit Bonds (other) - Collateral for Collection Agency Bond


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Old 12-12-2007, 12:58 PM
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Default Collateral for Collection Agency Bond

I need a Collection Agency Bond... will collateral be required?
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Old 12-12-2007, 01:15 PM
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Default Collection Agency Bond

Quote:
Originally Posted by Mother Bond
I need a Collection Agency Bond... will collateral be required?

It depends. How is your personal credit? If your credit is acceptable, and the bond language is acceptable, then you can likely get the bond without any collateral. The best way to determine what the premium will be and whether or not there is any collateral is to submit an application for a no-obligation quote. We do have a number of programs available that don't require collateral.
https://www.jwsuretybonds.com/collec...gency_bond.htm
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