$450 is your GOOD CREDIT PRICE for a Florida Collection Agency Bond.
Those engaged in commercial collection agency services in the State of Florida are required by the Florida Office of Financial Regulation to execute a Florida Collection Agency Bond in the amount of $50,000 to ensure compliance with Chapter 559, Part V of the Florida Statutes.
Bonds Express offers a Florida Collection Agency Bond with a 99% approval rate.
Bonds Express offers a Florida Collection Agency 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 Florida Collection Agency Bond holds you accountable for your business decisions.
By possessing a Florida Collection Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.