Ohio Precious Metal Dealer Surety Bond
We write $10,000 Precious Metal Dealer bonds in Ohio.
Our GOOD CREDIT price is $100.
Ohio Precious Metal Dealer Bonds are required by the Ohio Department of Commerce, Division of Financial Institutions. The Ohio Precious Metal Dealer bond is also known as an Ohio Pawnbroker bond. The required bond amount is $10,000. All of these licenses expire June 30th of each year. Ohio Revised Code, Section 4728.03, requires each applicant to have a business net worth of at least $10,000. If the applicant does not meet the Ohio Revised Code, then a $10,000 surety bond must be posted.
If your application is approved, and once the bond is issued, we will sign the bond and shall attach the agents authority, as well as the last financial statement of the surety company.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Ohio Department of Commerce, Division of Financial Institutions
Bond Amount - $10,000
Bond Premium - $100
Renewal Document - None.