Tennessee Collection Agencies are required under the Tennessee Codes Annotated Title 62 Chapter 20 to file a Tennessee Collection Agency Bond as a condition of licensure.

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

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