Lance Surety Bonds represents a vast network of A-rated, T-listed surety companies that write all types of bonds in Arkansas. Principals out of Arkansas that apply with us can rest assured that we’ll shop around to find them the lowest and most exclusive rates. With our in-house authority, we are able to offer instant online approvals for most applicants. And due to our special bad credit program, we can also bond applicants who have less-than-perfect credit.
Want to learn more about how to get bonded in Arkansas? The questions and answers section below will offer you all the information you need, such as Arkansas surety bond cost, and guide you through the process of getting bonded.
To apply for your Arkansas surety bond directly, simply search for your bond in the table below and proceed to your application. Applying and getting your free quote takes only a few minutes.
If you prefer to speak someone before applying or need assistance with your application, Lance Surety Bonds experts are here to help! Call us at (877) 514-5146 whenever you like! We know all about the bonding requirements in Arkansas and will gladly assist you in getting bonded!
Find Your Arkansas Surety Bond
|Contractor License Performance & Payment (Local) Bond||(City of Marion, AR) Contractor License Bond||City of Marion||Apply Now|
|Contractor License Performance & Payment (State) Bond||Contractor's Bonds||Contractors Licensing Board||Apply Now|
|Contractor License Third Party Liability Bond||Contractor License||Contractors Licensing Board||Apply Now|
|Collection Agency Bond||Collection Agency||State Board of Collection Agencies||Apply Now|
|Professional Fund Raisers Bond||Professional Fund Raisers Bond||Arkansas Attorney General||Apply Now|
|Insurance 3rd Party Administrator Bond||Third Party Administrator Bond||Arkansas Insurance Dept. License Division||Apply Now|
|Mortgage Broker (1st & 2nd Mortgages) Bond||Mortgage Broker or Mortgage Servicer Bond||Securities Dept||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Mortgage Banker||Securities Dept||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||New Motor Vehicle Dealer||Motor Vehicle Commission||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||New Motorcycle, ATV, Scooter, Utility Vehicle or L||Arkansas Motor Vehicle Commission||Apply Now|
|Auto & Mobile Home Dealers (Used Only, No New) Bond||Used Motor Vehicle Dealer||State Police - Special Services Section||Apply Now|
|Oil, Gas, Water or Mineral Wells or Leases Bond||Oil, Gas, Water or Mineral Wells or Leases Bond||Department of Environmental Quality||Apply Now|
|Sport Permits Bond||Combative Sports Bond||Arkansas Athletic Commission||Apply Now|
|Professional Licenses (All Other) Bond||Appraisal Management Company||Appraiser Licensing and Certification Board||Apply Now|
|Professional Licenses (All Other) Bond||Combative Sports||State of Arkansas Athletic Commission||Apply Now|
|Professional Licenses (All Other) Bond||Non-Participating Manufacturer or Importer||AK Attorney General Attn Tobacco Division||Apply Now|
|Professional Licenses (All Other) Bond||Fishing License & Equipment Consignment Bond||Arkansas Game and Fish Commission||Apply Now|
|Professional Licenses (All Other) Bond||Household Pest and Rodent Control Bond||Arkansas State Plant Board||Apply Now|
|Professional Licenses (All Other) Bond||Service Contract Provider Bond||Arkansas Insurance Department||Apply Now|
|Cigar/Cigarette & Tobacco Tax Bond||Coin Operated Cigaretter Machine Operators Bond||Tobacco Control Board||Apply Now|
|Fuel Tax (All Others, Sellers & Users) Bond||Motor Fuel Tax Bond||Motor Fuel Tax Section||Apply Now|
|Utility Deposit Bond||Paragould Light Water and Cable Utility Bond||PLWC||Apply Now|
|Utility Deposit Bond||Entergy Arkansas, Inc. Electric Service Bond||Entergy Arkansas, Inc.||Apply Now|
|Lottery Bond||Scholarship Lottery Bond||ARKANSAS SCHOLARSHIP LOTTERY||Apply Now|
|Telemarketing/Phone Solicitor Bond||Telephonic Seller||Office of the Attorney General||Apply Now|
Questions about Surety Bonds in Arkansas
How Much Does a Surety Bond Cost in Arkansas?
The type or Arkansas surety bond you apply for will directly determine the cost that you have to pay. All types of bond have different amounts and this amount is what sureties use to base their calculation of your premium on.
Here is how your Arkansas surety bond cost or premium is formed. First you choose your bond. All surety bonds have an amount. This amount stands for the coverage that sureties extend to bond obligees if there is a claim against the bond. Bond amounts can vary between as much as \$1000 and \$250,000 and more. Bond amounts are often determined by state governments, for license and permit bonds, or on a case-by-case basis for contract bonds. This is not the cost of your bond, though!
Your premium is a fraction or percentage of the total amount of your bond. Once you apply for a bond, sureties take a look at your personal credit score. They also consider other financial factors on some bonds but credit score is the most important one.
If you have a good credit score, sureties will typically set a rate between 1%-4% of the total amount that you will have to pay to obtain the bond. This is called a standard market rate and only applicants with good credit receive those rates.
On some bonds you may also be asked to provide further proof of your financial standing, which includes your business’s liquidity as well as personal or business financial statements. The better these are, the more likely you are to get a lower rate on your Arkansas surety bond.
How your rate is formed includes other factors as well. Consult our expert surety bond cost guide to learn more about these factors and how bond rates can vary over time. This will help you understand surety bonds much better!
Arkansas Bad Credit Surety Bonds Program
Often applicants who have a low credit score may be denied an Arkansas surety bond. Sureties are usually averse to underwriting bonds for such applicants because of the higher risk perceived in bonding them.
We have created our Bad Credit Surety Bonds program to offer applicants who may get turned down elsewhere the opportunity to get bonded. We have extensive bonding experience and are interested in helping businesses thrive and develop!
To get an Arkansas surety bond under our bad credit program you will need to pay a slightly higher premium, between 5%-15% of the total amount. This is necessary in order to mitigate the higher risk involved in underwriting bonds for applicants with a low credit score or other financial difficulties.
Regardless of the the type of bond you are applying for or the rate you get, you can rest assured that we will always look for the best and lowest rates to provide you with! And just because you receive a higher rate one time, doesn’t mean you can’t lower it over time. By improving your credit score you are sure to receive a better rate as soon as the next time you apply for an Arkansas surety bond!
How to Get Bonded in Arkansas
Applying for your Arkansas surety bond takes only a couple of minutes. Simply apply online through our website. Once you apply we will review your application and get back to you with a free quote on your personal surety bond. At this point it’s only a matter of clarifying certain details and your bond will be on its way to you.
Lance Surety Bonds has extensive experience with underwriting Arkansas surety bonds. We have underwritten bonds for many applicants both at standard market rates as well as under our bad credit program. We are dedicated to finding the best rates for our clients and work only with the best Arkansas sureties.
We are available to respond to any questions you may have at any time! Call us at (877) 514-5146 to speak to one of our surety bond experts! They know all about the requirements for getting bonded in Arkansas and will gladly provide you with all the information you need!
Types of Arkansas Surety Bonds
You are able to obtain three different types of Arkansas surety bonds, depending on your needs. These are Arkansas commercial bonds, Arkansas contract bonds and Arkansas court bonds.
License bonds are those bonds which businesses and individuals need to obtain whenever they are applying for a license in Arkansas. Which professions require a bond is typically determined by state governments though some, such as the freight broker bond or the auto dealer bond are required in all states.
License and permit bonds serve as a type of protection for the public and for the government of each state. They guarantee that licensed businesses will comply with state and federal regulations and will stick to best practices.
Contract bonds are those bonds which contractors in Arkansas need to obtain before they can begin work on construction projects. Prior to obtaining Arkansas contract bonds, contractors will also need to obtain a contractor license bond in order to be licensed contractors in Arkansas.
Contract bonds on the other hand are required in order to protect project owners which may be the state government but also private project owners. These bonds guarantee that Arkansas contractors will meet industry standards and comply with the terms of the contracts they have with owners.
Court bonds are those bonds which Arkansas courts may request from individuals before allowing them to appeal a judgment or accepting them as someone’s fiduciaries or guardians.
Top Surety Bond Companies in Arkansas
The point of getting bonded is to have the guaranteed of financial backing of a professional surety bond company. If the company backing your Arkansas surety bond is not a good one, this can cause you a lot of trouble.
To spare you the effort and worry, Lance Surety Bonds has worked hard for many years in order to establish a network of the most reliable Arkansas surety bond companies. The proof of their financial stability and reliability lies in the fact that all of these companies are licensed and operate in all 50 states. They are T-listed with the U.S. Department of Treasury and are A-rated and more under the ‘A.M. Best’ credit rating system.
All of this distinguishes our partner surety bond companies in Arkansas and makes them one of the best in the whole country. We take pride in representing companies such as Great American Insurance Company, Liberty Mutual Insurance Company and Washington International Insurance Company. By getting your bond through us, your financial backing is guaranteed!