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What is a License and Permit Bond?
A license and permit bond is a form of insurance that protects consumers from harm by guaranteeing businesses will adhere to laws enforced by federal, state, or local government agencies. License bonds are specific to one industry in order to protect the consumer against any potential damages they may incur due to fraudulent practices carried out by the business being bonded. While many industries require licenses and permits before doing business with you, it's important for every American citizen to make sure their employer has been granted these basic requirements prior to beginning work at all times.
Do you need a license or permit bond?
Swiftbonds is the best place to get your Wheatland, IL – License and Permit Bond. We offer bonds for all types of licenses, permits, and other related services in Wheatland, IL. Contact us today!
You want to be sure that when you’re working with someone who needs a license or permit bond, they have the funds necessary to cover it if something goes wrong. That’s why we make sure that our clients are financially stable before issuing them one of our bonds. Get in touch with us today for more information about how we can help you out!
Fill out this form on our website now and get started on getting your License and Permit Bond!
How does a License and Permit Bond work?
Getting a License and Permit Bond 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. Read a Illinois Credit Services Organization ($100,000) Bond.
How much does a License and Permit Bond cost?
License and Permit Bond 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. Need a Wheaton, IL – Contractor's License ($10,000) Bond.
Can I get a License and Permit Bond 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. Here's a Illinois Consumer Installment Loan Bond.
How to get your License and Permit Bond?
Would you like to know the first step in getting your License and Permit Bond? 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 Illinois Consumer Deposit Security Act (Landlord and Tenant Security Deposit) Bond.