This surety bond is required by the State of Delaware, Office of the State Bank Commissioner under Section 2208(a), Title 5 of the Delaware code. It is in place for the benefit of all consumers injured by any wrongful act, omission, default, fraud, or misrepresentation by a licensee in the course of its activity as a licensee. The bond amount varies as follows:
| Annual Volume of Delaware Loans | Minimum Required Bond Amount |
| Not more than $23,000,000 | $50,000 |
| $23,000,001-$35,000,000 | $75,000 |
| $35,000,001-$47,000,000 | $100,000 |
| $47,000,001-$59,000,000 | $125,000 |
| $59,000,001-$71,000,000 | $150,000 |
| $71,000,001-$83,000,000 | $175,000 |
| $83,000,001 and over | $200,000 |
To Get a Delaware Licensed Lender Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.