Arkansas Surety Bond Broker
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Arkansas Surety Bonds
There are more than 192,000 businesses in Arkansas, and many of these need surety bonds for permits, licenses, and construction contracts. The Natural State has 86 unique types of bonds that its government requires of licensed businesses, while there are another 72 bonds that different local cities and counties throughout the state may also require for businesses operating in their jurisdiction.
BondExchange features hundreds of Arkansas agents from every corner of the state, from Fayetteville to Little Rock, and beyond. All of these agents leverage our network to source surety bonds for their many clients.
With access to more than 30 different markets, BondExchange helps agents find any of the 158 differing surety bond types that Arkansas requires for its businesses. We offer unique insights thanks to our experience and expertise, and our platform makes it easy for agents to place surety bonds for their clients.
Complete Arkansas Surety Bond Market for AgentsBondExchange provides comprehensive and complete access to every surety bond that the state of Arkansas and its local municipalities may require from your customers. Agents use our platform to quote any surety bonds their clients need, deliver those quotes in a streamlined fashion, and offer clients a quick and easy online process to complete the bond purchase.Below are just a few of the different types of surety bonds that you may need to quote for Arkansas business clients.
Mortgage Loan Service BondsBusinesses such as mortgage loan bankers, brokers, or servicers in Arkansas need specific surety bonds to be in place before providing those services to the public.
Motor Vehicle SalesUnder Arkansas law, businesses need to secure a surety bond if they want to operate a motor vehicle dealership for either new or used vehicles, or a dealership that sells or leases motorcycles, ATVs, scooters, or utility vehicles. These bonds, which are issued by the state’s Motor Vehicle Commission, can range in amounts from $25,000 to $50,000.
Financial Services BondsProviding financial services in Arkansas often means taking out a surety bond. Whether it’s to operate as a collection agency, a currency exchanger, an investment adviser, or a money transmitter, your clients will require a surety bond to operate legally.
Vice Tax BondsA number of states require so-called “vice” businesses to collect and remit taxes and fees to the state. In Washington, these businesses must post a surety bond to ensure the state receives payment. Examples include coin-operated cigarette machine owners, cigarette stamp holders, on-premises alcoholic beverage license holders, and licensed lottery ticket retailers.
City or County Surety BondsA number of cities and counties throughout The Natural State require companies doing business within their limits to hold specific surety bonds. Examples include electrical, plumbing, and sprinkler system contractors in the city of Malvern and transient vendors in Pulaski County.
Notary Public BondsOne of the requirements for becoming a notary public in Arkansas is to purchase a $7,500 surety bond. This bond must be renewed every ten years.
Miscellaneous Business BondsA number of unrelated businesses in Arkansas require surety bond coverage. They include professions such as polygraph examiners, catfish processors, process servers, and manufactured home dealers.
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If you’re an agent in Arkansas, sign up with BondExchange to gain full access to all of the surety bonds we offer. For a complete list of surety bonds covered in Arkansas, expand the box below.
|State Bonds||Municipal Bonds|
Agent of the Issuer
AEP Southwestern Electric Power Utility Deposit
Why Partner with BondExchange for Arkansas Surety Bonds?
BondExchange is built for agents that want to provide excellent service and great prices for their customers without the hassle. Our platform provides the tools agents need to profitably offer surety bonds without compromise.
Using Simple and Effective Tools to Streamline the Bond Process
We’ve worked hard to streamline the surety bond process for agents with simple and effective tools. Our smart application asks questions in plain English so you don’t have to guess or overlook any small but important details. We also offer time-saving tools like our customer purchase option that lets your customer purchase the bond online, while still presenting your agency as the solution provider.
Offering Agents Expert, Customized Service Levels
BondExchange puts our agents first, always. You can rely on us to keep your professional reputation intact by positioning your name and brand prominently on all customer communication. With over 40 years in the business, agents can rely on our experienced staff to get the job done when others can’t.
Keeping the Process Simple with Single Points of Entry
Hundreds of Arkansas agents use BondExchange as their single point of entry for the surety bonds their clients need. With access to bonds and rates from more than 30 different carriers, BondExchange makes it easy to shop the entire market with a single online application, supporting your ability to service your clients both profitably and professionally.