Delaware Licensed Lender Surety Bond

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: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. 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.