These types of surety bonds guarantee that any licensed loan companies comply with their respective state's rules and regulations governing such lenders. Ultimately they are designed to provide protection to any borrower from illegal or fraudulent activities by lenders.
Also referred to as Licensed Lender Bonds, Loan Broker Bonds and Supervised Lender Bonds.
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While we're always able to offer low rates to applicants with strong credit, Lance Surety Bond Associates has introduced a number of exclusive programs for those with less than perfect credit, to include Small Loan Company Bonds. We're able to offer some of the lowest rates in the industry for this bond type and many others!