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What is the California of Qualifying Individual Bond ($12,500)?

California Bond of Qualifying Individual Surety Bonds are required in addition to the California Contractor’s License. A bond is necessary for issuing an active license, reactivation of a license, and maintenance of an actively renewed one at $12,500.

Do you want to purchase a bond?

A California Qualifying Individual Bond is an investment that may be exempt from federal income tax. The bonds are issued by the State of California and have a fixed interest rate. You can buy them in increments of $1,000 up to $12,500.

If you’re interested in purchasing this bond, please contact us for more information. We will provide all the details about how it works and what your obligations are as an investor. We also offer free consultations so we can answer any questions you might have before making a decision on whether or not this is right for you.

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Why is the California of Qualifying Individual Bond ($12,500) required?

Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Read a California Pest Control Business Licensees Bond.

How does a California of Qualifying Individual Bond ($12,500) work?

California of Qualifying Individual Bond ($12,500) means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a California Third Party Logistics Provider $90,000 Bond.

How much does a California of Qualifying Individual Bond ($12,500) cost?

California of Qualifying Individual Bond ($12,500) is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.

Can I get a California of Qualifying Individual Bond ($12,500) with bad credit?

Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Have a California Seller of Travel Bond.

How to get your California of Qualifying Individual Bond ($12,500)?

Would you like to know the first step in getting your California of Qualifying Individual Bond ($12,500)? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Get a California Insurance Adjuster – Public ($20,000) Bond.