1 (844) 589-9732

Colorado Supervised Lender Bond

The Colorado supervised lender loan licensees provide consumer loans at amounts greater than 12%. The surety bond required of such companies is between $15,000 to $250,000. Please call AmeriPro Surety Bonds today at 844-589-9732 for your bond.

Colorado Supervised Lender Bond|

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Supervised Lenders – Colorado

 

 

 

Supervised lenders are persons or businesses engaged in offering consumer loans which are greater than 12% annually. Loans in this category include:

  • Installment loans;
  • Credit cards;
  • Certain types of real estate loans;
  • Consumer premium financed loans.

Supervised lenders must also furnish a surety bond according to production levels. Our agency provides you with the surety bond amount required.

 

 

Amount of Surety Bond Required

 

 

 

The Colorado supervised lender bond has a minimum amount of $15,000 and a potential maximum amount of $250,000.

The breakdown for production levels and the surety bond amount are as follows:

  • Up to $500,000 – $15,000 surety bond;
  • +$500,000 to $1 million – $20,000 surety bond;
  • Greater than $1 million – $25,000 surety bond.

According to the state’s Department of Law, the way to avoid any potential adjustments in the amount of bond required (the bond potentially adjusts every June 1st) is to post a bond of $25,000 for all locations; and with a maximum amount, regardless of the number of locations, of $250,000. You may obtain a single $250,000 surety bond.

 

 

 

Pricing For Your Surety Bond

 

 

 

Up to $25,000, this surety bond is an instant issue surety, offered to you for $188 annually.

After completion of an application, and payment of the bond premium the bond is issued to you without the standard underwriting and credit inquiry involved in many surety bonds.

For amounts over $25,000, pricing is still very favorable, and depending on the status of your company and other conditions, may also involve no credit inquiry. A $250,000 Colorado supervised lender bond may cost you as little as $1875 annually, if you qualify.

Additionally, there is typically also the ability to prepay your bond for 2 or 3 years, thereby offering you a savings over year to year renewal of the premium.

 

 

 

The Purpose of This Surety Bond

 

 

 

The supervised lender bond is a financial guarantee which ensures the Colorado consumer that you will be in compliance with all relevant provisions of the Colorado Uniform Consumer Credit Code and any additions or amendments to the law.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds only agency. We provide license and permit, court, and fiduciary bonds throughout Colorado.

Our agency also provides surety bonds nationwide.

Please call us today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the form below and an agent will contact you…

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Indiana Replevin Bond

Indiana Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Indiana Action of Replevin; Surety Bond and Purpose       An replevin action takes place in a civil litigation proceeding. The Plaintiff, permitted by order of the presiding...

Illinois Probate Bond

Illinois Probate Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Probate is the legal process of “proving” a will. Probate may also be required when a decedent is intestate, that is, dies without a will, to...

Illinois Replevin Bond

  Illinois Replevin Bond AmeriPro Surety Bonds | 844-589-9732     Surety Bond; Purpose And Amount       An action of replevin, alternately referred to as a “writ of attachment” or sequestration, occurs when a Plaintiff, in a civil...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)