5 Licenses that you didn’t know required a surety bond

 5 Licenses that you didn't know required a surety bond

If you’re planning to apply for a state license to operate your business you may be surprised to find out that you need a surety bond! In many cases these commercial bonds are required as part of the business license application process. We’ve picked out five of the less well-known bond types below:

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How Used Car Dealer Bonds will Change in 2017

How used car dealer bonds will change in 2017

If you’re a used car dealer in New York State your surety bonding requirements are about to change! Thanks to the New York Assembly Bill 8166 the state is about to bring in key changes that used car dealers need to be aware of. Although the bill passed in 2016, its influence will only begin on March 28, 2017, when the bill comes into effect.

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How Motor Vehicle Dealer Bonds Work

How Motor Vehicle Dealer Bonds Work

Auto dealers are a big part of the transportation industry and our society at large, providing the bridge between auto manufacturers and consumers. This crucial part of our economy and culture carries with it a large responsibility, so auto dealers must adhere to local laws and regulations and follow ethical business practices. Motor vehicle dealer surety bonds provide assurances that dealers will behave legally and ethically.

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History of the Surety Bond [Infographic]

History of the Surety BondViking Bond Infographic (1)

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Everything You Need to Know About Freight Broker Bonds

 

Everything You Need to Know About Freight Broker Bonds

Freight brokers are an important force in the American economy, helping connect shippers of products with carriers to make sure that deliveries are made, keeping the world going round and round. In order to become a freight broker and join this group of crucial service businesses, you need to obtain a freight broker bond.

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Viking Bond – Contractors Bond Guide: A Surety Bond Guide for The Construction Industry

Overview:

In many states, from the day contractors receive their licenses, they have to be bonded. They must also secure surety bonds for many projects they take on.

 A Surety Bond Guide for The Construction Industry

This guide will serve as an introduction to what kinds of surety bonds you will need as a contractor, when you will need them, how much they will cost, why you need them, and how to get them.

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