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California Finance Lender Bond

May 15, 2018

Update 2019: For the $25,000 surety bond amount, the California finance lender bond is now issued by our agency upon completion of an application and payment of the premium. There is no credit check or underwriting for this bond. Please call AmeriPro Surety Bonds today at 844-589-9732.

California Finance Lender Bond | AmeriPro Surety Bonds | 844-589-9732

California Finance Lender


The California Department of Business Oversight, which regulates finance lenders, defines this profession as “…any person who is engaged in the business of making consumer loans or making commercial loans.”

Finance lenders do not include banks or mortgage companies.  Finance lenders also do not have to comply with California usury laws.

Types of California Finance Lenders:

Beyond just the term, finance lenders are further subdivided into two categories:

Finance brokers are those who market to finance lenders.  They are only allowed to market loans to finance lenders.  To become a finance broker, an applicant must have a net worth of $50,000 and post a surety bond.  They must always keep a minimum net worth of $50,000.

Finance lenders are those who lend money pursuant to finance laws.  If a finance lender makes mortgage loans, they must have and maintain a minimum net worth of $250,000.

California Finance Lender Surety Bond:


Finance lenders and finance brokers must keep active at all times a surety bond with a minimum amount of $25,000.

Finance lenders and finance brokers may also choose to place a cash deposit with the California Department of Business Oversight in the same amount.  This would be in lieu of obtaining a surety bond.

There are, however, different surety bond amounts depending on the aggregate loan amounts and if the finance lender also originates mortgage loans.

In such cases the bond amounts are as follows:

  • Up to 1mm, the surety bond amount is $25,000.
  • From 1mm to 50mm, the surety bond amount is $50,000.
  • Between 50mm to 500mm, the surety bond amount is $100,000.
  • Over 500mm, the surety bond required is $200,000.

Obtaining a California Finance Lender Surety Bond


Obtaining a California finance lender surety bond with AmeriPro Surety Bonds is a surprisingly easy process.

You can call our office and we will go over the California finance lender bond application with you.  Once completed, we will have this submitted to our underwriting department for immediate consideration

The price of the finance lender bond may be as low as 1-3%, in ideal situations, and will be determined based on the following criteria:

  • The surety bond amount;
  • The term (length) of the bond;
  • Your credit score.

For applicants with challenged credit scores, we encourage you to not to be hesitant to contact us.  While it is possible that the premium for your California finance lender bond may be substantially higher, our agency will work diligently to get you the best pricing possible for your circumstance.

AmeriPro Surety Bonds



AmeriPro Surety Bonds provides California finance lender bonds and commercial, contract, court and fiduciary bonds in California and all 50 states.

Call AmeriPro Surety Bonds today for your California lender bond at: