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Washington Collection Agencies are required under the Revised Code of Washington section 19.16 to file a Washington Collection Agency Bond as a condition of licensure.
Bonds Express offers a Washington Collection Agency 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 Washington Collection Agency Bond holds you accountable for your business decisions.
By possessing a Washington Collection Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.