Bond cost index
Sales Finance Company Bond Cost
Sales finance company bonds are the surety bonds states require of companies licensed to buy and hold retail installment contracts, such as auto or retail purchase financing. The bond guarantees compliance with the state's sales finance law.
How much does a sales finance company bond cost?
Bond amount is set by each state's regulator. Premium runs 1 to 3 percent of the bond amount for well-qualified companies. Term is usually one to three years. Premium for a sales finance company runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.
Data as of 2026-06-17. Methodology v1.
Bond amount is set by each state's regulator. Premium runs 1 to 3 percent of the bond amount for well-qualified companies. Term is usually one to three years.
The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.