Skip to content

Bond cost index

Small Loan Lender Bond Cost

Small loan lender bonds, sometimes called consumer loan bonds, are the surety bonds states require of companies licensed to make small-dollar consumer loans. The bond backstops the lender's compliance with state small-loan law.

How much does a small loan lender bond cost?

Bond amount is set by each state's regulator, frequently per licensed location. Premium runs 1 to 3 percent of the bond amount for well-qualified lenders. Term is usually one to three years. Premium for a small loan lender 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, frequently per licensed location. Premium runs 1 to 3 percent of the bond amount for well-qualified lenders. 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.