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If you operate a collection agency in the state of Indiana, it will be required for you to have an Indiana Collection Agency License Bond before you can be issued a license by the state.
Bonds Express offers an Indiana Collection Agency License Bond with a 100% 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 Indiana Collection Agency License Bond holds you accountable for your business decisions.
By possessing an Indiana Collection Agency License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.