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Introduction
From our perspective, running an employee leasing company in New Hampshire means taking responsibility for people and payroll. Whether you’re providing HR support, tax filing, or workers’ compensation administration, your clients depend on you to manage their workforce with accuracy and compliance. That’s why the state requires the New Hampshire – Employee Leasing ($100,000) Bond before any license is issued.
This bond protects client businesses and the public from losses caused by fraud, unpaid taxes, or mishandled employee benefits. It guarantees that your leasing company will follow all laws outlined under New Hampshire RSA 277-B, which regulates employee leasing practices. If your company fails to remit payroll taxes or benefits—or ceases operations without meeting obligations—clients can file claims against the bond.
The $100,000 bond amount reflects the significant financial trust placed in leasing firms that act as employers of record for hundreds or thousands of workers. Without it, the New Hampshire Department of Labor will not allow you to operate or renew your leasing license.
Why This Bond Creates Confusion
We’ve noticed that many business owners think the New Hampshire – Employee Leasing ($100,000) Bond is like liability insurance or only applies in rare circumstances. Some assume the state will not enforce it if they have clean records or long-standing clients. Others confuse it with bonds for different sectors—such as the New Hampshire – Money Transmitter ($100,000) Bond – NMLS, which covers digital financial transactions, or the New Hampshire – Game Operator Employer Bond, which is specific to gaming and amusement industries.
The truth is, the Employee Leasing Bond is mandatory for all leasing companies operating within the state. It applies whether you’re a new firm or a well-established provider. It’s not designed to protect your business—it protects your clients from financial harm caused by noncompliance, errors, or failure to fulfill obligations.
There’s also confusion about bond renewal and calculation. The bond must remain active as long as you’re licensed, and it may need to be adjusted based on your company’s gross payroll. Letting it lapse, underestimating the required amount, or submitting outdated documentation can stall your license renewal or trigger enforcement action.
How Swiftbonds Helps Leasing Companies
Based on our experience, Swiftbonds helps employee leasing companies in New Hampshire meet bonding requirements quickly and correctly. We work with both new and renewing licensees, helping them understand how to apply for and file the New Hampshire – Employee Leasing ($100,000) Bond with the Department of Labor.
Our experts walk you through every step—calculating the appropriate bond amount, submitting the surety application, and providing documentation in the exact format accepted by the state. Premiums are determined based on your financial background, business size, and credit standing.
Swiftbonds also helps clients manage bonds across multiple sectors. If your company also facilitates digital payment processing, we can assist with the New Hampshire – Money Transmitter ($100,000) Bond – NMLS. Or, if you own venues with amusement machines or gaming operations, we provide support for the New Hampshire – Game Operator Employer Bond as well.
Steps To Get The Bond
What we’ve discovered is that most leasing companies benefit from a simple process that’s easy to follow:
- Confirm Your Bond Obligation – Contact the New Hampshire Department of Labor to verify the required bond amount, which is typically set at $100,000 for new licensees.
- Apply With Swiftbonds – Complete a short application with company details, payroll figures, and financial disclosures.
- Get Your Premium And Approval – Bond premiums are typically 1% to 5% of the total amount. Your credit score and business history affect the final cost.
- Receive And Submit Your Bond – Swiftbonds issues the bond and provides the official certificate to include in your licensing packet.
- Renew Annually Or As Required – Keep the bond current throughout your license term. Failing to renew the bond may result in suspension or fines.
Why Timely Bonding Is Important
We’ve found that companies who wait too long to obtain the New Hampshire – Employee Leasing ($100,000) Bond often face licensing delays or temporary shutdowns. The Department of Labor will not process or renew a leasing license without the bond on file. Missing this step can interrupt services to clients and create administrative burdens that hurt your bottom line.
Swiftbonds helps avoid these issues by offering quick turnarounds and renewal reminders. If your firm also operates in financial or recreational industries, we coordinate compliance across your licenses, including the New Hampshire – Money Transmitter ($100,000) Bond – NMLS and the New Hampshire – Game Operator Employer Bond, so your operations stay active and complaint.
What Can Go Wrong Without The Bond
In our observation, failing to meet bonding requirements opens the door to serious risks:
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Suspension or denial of your employee leasing license
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Fines or citations from the Department of Labor
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Legal disputes with clients for missed wages or benefits
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Financial loss for clients and their employees
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Loss of credibility and difficulty gaining future business
The bond functions as both a legal requirement and a reputation safeguard. Operating without it exposes your company to penalties and client distrust.
Why Bonding Enhances Trust
We’ve learned that leasing companies that maintain current bonds gain greater trust from clients, regulators, and payroll partners. When your company holds a New Hampshire – Employee Leasing ($100,000) Bond, you demonstrate financial integrity, operational stability, and a commitment to protecting your clients’ interests.
Swiftbonds ensures that your business is not only bonded but also properly supported. Whether you need help filing in multiple sectors—like digital funds or amusement gaming—we simplify bonding for complex companies. That includes filing the New Hampshire – Money Transmitter ($100,000) Bond – NMLS or the New Hampshire – Game Operator Employer Bond.
New Hampshire Bond Law Compliance
In addition to labor-related surety requirements, businesses operating in New Hampshire’s construction or public service sectors must follow the New Hampshire Little Miller Act (RSA 447:16–18). This statute mandates that public works contractors provide:
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A Performance Bond to guarantee project completion
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A Payment Bond to protect laborers and suppliers from nonpayment
Compliance for employee leasing companies is overseen by:
These agencies provide the official forms, rules, and licensing requirements necessary to operate as a leasing firm in the state.
Conclusion
We’ve come to appreciate that compliance and client trust are the cornerstones of success in employee leasing. The New Hampshire – Employee Leasing ($100,000) Bond serves as a public guarantee that your business will fulfill its payroll and employment obligations in good faith.
Swiftbonds works with New Hampshire leasing firms to deliver that assurance—fast, affordably, and with expert guidance. Whether you’re applying for the first time or renewing your license, or even branching into new markets that require the New Hampshire – Game Operator Employer Bond or the New Hampshire – Money Transmitter ($100,000) Bond – NMLS, Swiftbonds is the trusted guide that helps you stay compliant and competitive.
Frequently Asked Questions
What does the New Hampshire – Employee Leasing ($100,000) Bond protect against?
We’ve often noticed that companies are unsure who the bond protects. It safeguards client businesses and their employees from losses if a leasing company fails to meet legal obligations related to payroll, taxes, or benefits.
Who needs to obtain this bond in New Hampshire?
We’ve often noticed confusion among HR providers. Any company operating as an employee leasing firm under RSA 277-B must obtain this $100,000 bond to receive or renew a license.
How much does the Employee Leasing Bond cost?
We’ve often noticed uncertainty about pricing. The premium is based on your credit score and business financials and typically ranges from 1% to 5% of the $100,000 bond amount.
Is this bond different from the Money Transmitter Bond or Game Operator Employer Bond?
We’ve often noticed mix-ups across industries. Yes, the New Hampshire – Employee Leasing ($100,000) Bond is for labor firms. The New Hampshire – Money Transmitter ($100,000) Bond – NMLS applies to financial institutions, while the New Hampshire – Game Operator Employer Bond covers amusement and gaming operations.
What happens if the bond expires or is canceled?
We’ve often noticed missed renewal dates cause disruptions. If your bond lapses, your license may be suspended, and your company could face enforcement action or contract loss. Always renew on time to avoid penalties.