1 (844) 589-9732

Hawaii Collection Agency Bond

The Hawaii collection agency bond is a minimum $25,000 surety bond with an additional $15,000 amount required for each location after the first one. Our agency offers great premium pricing. Please call us today at 844-589-9732.

Hawaii Collection Agency Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Collection Agencies – Hawaii

 

 

 

Collection agencies operating in Hawaii are licensed and regulated by the state’s Department of Commerce and Consumer Affairs.

Obtaining a surety bond is required as a condition of licensing. The surety bond requirement for collection agencies is as follows:

  • $25,000 surety bond for the first location;
  • An additional $15,000 surety bond for each additional location.

 

 

 

Qualifying and the Premium

 

 

 

Applicants who require a $25,000 or $40,000 Hawaii collection agency bond will have streamlined processing.

What this means is that after completing a short surety bond application — which we’ll take from you verbally over the phone — and paying the required premium, these two bond amounts are issued to you immediately and without a credit check.

The premium breakdowns are as follows:

  • A $25,000 surety bond amount has a $188 annual premium;
  • A $40,000 surety bond amount (for two locations) has a $300 annual premium.

For 3 or More Locations

If your Hawaii collection agency has 3 or more locations in the state, a signed application and credit review by an underwriter are also required. Good credit will be required for approval and the response is typically received within a few business hours after submission.

Once the premium is paid for your bond, our agency issues it to you immediately. Upon receipt, you’ll sign your bond as Principal and have your bond notarized before filing. Our agency will have the bond notarized as Surety.

The address to file your surety bond is:

State of Hawaii

Department of Commerce and Consumer Affairs

Honolulu, HI, 96801

 

 

 

Additional Premium Payment Options

 

 

 

The premium associated with your surety bond is active for one year. Our agency also offers you the option to prepay your premium up to 3 years, thereby offering you a savings over year to year renewal of your bond’s premium.

As an example, with a $40,000 Hawaii collection agency surety bond:

  • If prepaid for 2 years, the premium is $540, a $60 savings;
  • If prepaid for 3 years, the premium is $780, a $120 savings.

 

 

 

Purpose of The Surety Bond Requirement

 

 

 

The purpose of your surety bond is to serve as a financial guarantee which ensures your compliance with Chapter 443B and any future amendments to these statutes. This does not exclude any other related and applicable laws.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides collection agency bonds nationwide.

We are also a provider of license and permit bonds in all 50 states.

Please call our agency 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 surety 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 Garnishment Bond

Indiana Garnishment Bond AmeriPro Surety Bond | 844-589-9732   Surety Bond; Purpose and Amount   As plaintiff in an Indiana civil court proceeding, the court may allow you, prejudgment, to seize the account, assets, or wages of the adverse party.  The seized...

Indiana Attachment Bond

Indiana Attachment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   An Indiana attachment order (aka ‘writ of attachment’ or ‘plaintiff’s attachment’) allows you, the plaintiff in a civil litigation proceeding, to seize and take...

Ohio Garnishment Bond

Ohio Garnishment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond: Definition, Amount, and Purpose   An Ohio garnishment order allows a plaintiff in a civil litigation proceeding to seize the assets, wages, or accounts of a defendant, prejudgment.  A...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)