Those engaged in the operation of a Collection Agency in the State of Colorado are required to execute a Colorado Collection Agency Surety Bond in an amount between $12,000 to $20,000 to ensure compliance with Section 12-14-124 of the Colorado Statutes.
Bonds Express offers a Colorado Collection Agency Surety 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 Colorado Collection Agency Surety Bond holds you accountable for your business decisions.
By possessing a Colorado Collection Agency Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.