$250 is your GOOD CREDIT PRICE for a Ohio Auction Firm Bond.
If you are engaged in the operation of an auction firm in Ohio you are required under Chapter 4707 of the State of Ohio Revised Code to file an Ohio Auction Firm Bond as a condition of licensure.
Bonds Express offers an Ohio Auction Firm Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Ohio Auction Firm Bond holds you accountable for your business decisions.
By possessing an Ohio Auction Firm Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.