Alaska Collection Agency Bond
AmeriPro Surety Bonds | 844-589-9732
Licensing of Collection Agencies – Alaska
The Division of Corporations, Business and Professional Licensing requires collection agencies operating in the Alaska to obtain a $5000 surety bond.
Qualifying and the Premium
Your company is automatically approved for the $5000 Alaska collection agency bond. The premium is just $100 annually, and there is no review by an underwriter nor a personal or corporate credit inquiry.
Issuing your surety bond takes a few minutes.
When you call us, we’ll just ask you the name, exactly as it should appear on your bond. We’ll also need your business address, email and phone number.
After payment of the $100 premium, our agency issues your collection agency surety bond, along with a Power of Attorney (POA) form.
Upon receipt in the mail, you’ll sign your surety bond as Principal, filing it with the POA form to:
Alaska Division of Corporations, Business and Professional Licensing
P.O. Box 110806
Juneau, AK 99811-0806
Premium Prepayment Options
The Alaska collection agency bond renews annually. You also have the option to prepay your bond’s premium up to 3 years. Premium prepayment offers you a savings over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $0 savings.
Purpose Of Your Surety Bond Requirement
Your collection agency bond is a financial guarantee of your compliance with Alaska Statute 08.24.140.
The statute states that within 30 day of each fiscal or calendar month, you’ll do the following:
- Pay your customers any net proceeds due;
- Report and payable collections which exceed $20.
AmeriPro Surety Bonds provides collection surety bonds anywhere required nationwide. We also provide license and permit, court, probate and other surety bonds throughout Alaska.
Our agency is also an online aggregator of surety bonds nationwide.
Please call us today at:
Or, you may fill out the form below and a Surety Agent will contact you…