Depository Bond | Surety Bond
Depository Bond ApplicationType of Bond
This Surety bond gives a guarantee of payment to the depositor in agreement to the terms and conditions of contract with the bank. The purpose of depository bonds is to protect the customer or municipality against the loss of its funds placed on deposit with the depository, and interest due thereon.Program
Program: Our agency currently has several specialty programs that can help you place your Depository Bond.
Depository Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Application
Our application process for a Depository Bond is easy. You can apply for the Depository Bond Application .
Find this bond for another stateObligee Information
An obligee is the entity that is requiring you to have the Depository.| State | Surety Bond type | Bond Amount | Obligee | More info |
|---|---|---|---|---|
| Florida | Deposit Bond | Florida Department Of Transportation Office Of Comptroller | Florida Deposit Bond | |
| License Permit | Depository Bond | License Permit Depository Bond |