If you operate a collection agency in the state of Indiana, it will be required for you to have an Indiana Collection Agency License Bond before you can be issued a license by the state. This Bond runs concurrent with your license and is good for two years.Novus Bonds offers an Indiana Collection Agency License Bond with a 100% approval rate. You will be required to provide both business and personal financial statements, in addition to a signed application in order get an Indiana Collection Agency License Bond.The Indiana Collection Agency License Bond for $5,000 is required for each office you operate within the state. This bond ensures that you, or agents working on your behalf, will be faithful in the accounting of money collected from accounts that have been entrusted to you. The Indiana Collection Agency License Bond also guarantees the proper dispersal of collected moneys to your clients. Please refer to Indiana Code (IC) 25-11: Collection Agencies, for more information. 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 Indiana Collection Agency License Bond holds you accountable for your business decisions. By possessing an Indiana Collection Agency License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.All year, even throughout our busiest season, we will mail you the Indiana Collection Agency License Bond, printed on the official bond form that your Obligee requires, by the end of our business day if your order is received before 1pm EST. All Indiana Collection Agency License Bond orders received after 1pm EST will be processed and mailed within 1 business day.
All Indiana Collection Agency License Bonds are provided by surety companies listed on the US Treasury list of approved companies.
No one is turned down. We do NOT need your Social Security Number and there is NO credit check.
Click on the link below to get your Indiana Collection Agency License Bond issued today!