Surety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Arizona HVAC license bond needs. Learn how to get an HVAC license in Arizona, below.
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Tennessee HVAC license bond needs. Learn how to get an HVAC license in Tennessee, below.
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your North Carolina HVAC license bond needs. Learn how to get an HVAC license in North Carolina, below.
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your trucking broker license bond needs. Learn how to get a trucking broker’s license in Texas, below.
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Minnesota collection agency license bond needs. Learn how to get a collection agency license in Minnesota, below. What Collection Agency Licenses Are Issued in Minnesota? The Minnesota Department of Commerce (MNDOC) requires all individuals and business entities operating as third-party debt collectors within the state to obtain a collection agency license. If you operate in more than one location as the same entity, each branch location, as well as the main office, must be licensed. What Are the Steps in the Licensing Process? In Minnesota, all collection agency license applications must be submitted online through the Pulse Portal. The application fee is currently $9.00 and the licensing fee is $1,000 for the main office and $500 for each branch. These must be paid through the portal as well. But certain supporting documents, along with a copy of the Pulse Portal confirmation page, must be sent directly to MNDOC via fax. These documents include: A Certificate of Assumed Name issued by the Minnesota Secretary...
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Arizona collection agency license bond needs. Learn how to get a collection agency license in Arizona, below. What Collection Agency Licenses Are Issued in Arizona? The Arizona Department of Financial Institutions (AZDFI) requires individuals and business entities engaged in third-party debt collection to be properly licensed. In a multi-office operation, the main office must be licensed before applying for branch office licenses, with one license per branch. While license applications can be submitted to AZDFI, the Department is encouraging collection agencies to apply for licensing through the Nationwide Mortgage Licensing System (NMLS), which is faster and more efficient. What Are the Steps in the Licensing Process? Our focus here is on the way the licensing process is executed through NMLS, not AZFDI. The NMLS New Application Checklist provides information about completing the appropriate online forms and uploading required supporting documents. You’ll also have to: Pay the application fee (currently $1,500) Pay the licensing fee (currently $150 to $600, depending on the month in...
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Oregon collection agency license bond needs. Learn how to get a collection agency license in Oregon, below. What Collection Agency Licenses Are Issued in Oregon? The Oregon Division of Financial Regulation (DFR) has jurisdiction over individuals and businesses operating as collection agencies throughout the state. It requires both home offices and branch locations to be properly licensed. License applications are submitted through and processed by the Nationwide Mortgage Licensing System (NMLS). What Are the Steps in the Licensing Process? You’ll find all of the necessary application materials on the Oregon NMLS page. There are separate forms for collection agency and branch licenses, and no branch license application can be submitted until the collection agency license has been approved. Prior to beginning the application process through NMLS, you must already have registered the business with the Secretary of State. You must also have certified copies of all business formation documents available to upload as part of your collection agency license application. The Oregon NMLS...
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Nebraska collection agency license bond needs. Learn how to get a collection agency license in Nebraska, below. What Collection Agency Licenses Are Issued in Nebraska? Every individual or business entity engaged in third-party debt collection in Nebraska must obtain a Nebraska collection agency license from the Licensing Board, which is part of the Nebraska Secretary of State’s office. What Are the Steps in the Licensing Process? The application for a collection agency license is available on the Secretary of State website. You’ll need to provide supporting documentation such as financial statements, business formation documents, personal references, and a list of the agency’s employees (solicitors and collectors) to be licensed. You’ll also need to purchase a Nebraska collection agency license bond in an amount that’s based on the number of solicitors and/or collectors working for the agency: Fewer than five requires an amount of $5,000 Five to fifteen requires an amount of $10,000 More than sixteen requires an amount of $15,000 The Board reviews...
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your North Carolina collection agency license bond needs. Learn how to get a collection agency license in North Carolina, below. What Collection Agency Licenses Are Issued in North Carolina? North Carolina’s Department of Insurance licenses collection agencies, including debt buyers who purchase consumer debts and collect them for a profit. What Are the Steps in the Licensing Process? All debt collector agency licenses are now processed through a system called Clarus, which recently replaced the North Carolina License Management System. You’ll need to take the following steps: Make sure you meet the eligibility requirements Complete the license application Obtain required supporting documents, Purchase a North Carolina collection agency license bond Pay the processing and licensing fees (currently totaling $1,048) Submit everything for approval Why is a North Carolina Debt Collection Agency License Bond Required? The amount of the North Carolina debt collector bond you’ll need to purchase depends on where your business is located. For North Carolina (domestic) debt collectors, the required bond amount...
Read moreSurety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your New York State collection agency license bond needs. Learn how to get a New York state collection agency license, below. What Collection Agency Licenses Are Issued in New York State? As of late 2020, New York now licenses collection agencies at the state level. The licensing requirement applies to everyone collecting consumer debt from residents of the state of New York. This includes attorneys and legal firms that collect consumer debt and those who purchase debt and collect it for a profit. Interestingly, the local collection agency licensing laws that were in place prior to the implementation of state-level licensing have not been repealed. So, if you operate as a debt collection agency based in New York City, Buffalo, or certain other municipalities, or if you collect debts from residents in those jurisdictions no matter where in the state your agency makes its home, you will still need to obtain a collection agency license in that jurisdiction as well. What Are the Steps...
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