Arkansas Collection Agencies are required under Arkansas Code Annotated 17-24-306 to file an Arkansas Collection Agency Bond as a condition of licensure.
Bonds Express offers an Arkansas Collection Agency Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Arkansas Collection Agency Bond holds you accountable for your business decisions.
By possessing an Arkansas Collection Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.