$450 is your GOOD CREDIT PRICE for a Florida Collection Agency Bond.

Those engaged in commercial collection agency services in the State of Florida are required by the Florida Office of Financial Regulation to execute a Florida Collection Agency Bond in the amount of $50,000 to ensure compliance with Chapter 559, Part V of the Florida Statutes.

Bonds Express
offers a Florida 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 Florida Collection Agency Bond holds you accountable for your business decisions.

By possessing a Florida Collection Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.