1 (844) 589-9732

New Mexico Employee Leasing Program Bond

The New Mexico leasing program bond, commonly known as an ’employment agency bond’ in other states, is for an annual amount of $100,000. AmeriPro Surety Bonds will work with you to obtain the best pricing available. Call us today: 844-589-9732.

New Mexico Employee Leasing Program Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

New Mexico Employee Leasing Program

 

 

 

Known in most places as an ‘employment agency’, in New Mexico, these companies are referred to as ‘employee leasing programs’.

In both cases, these companies match employers with employees, and vice versa, who are seeking either part-time work or full-time work.

Such jobs can sometimes lead to going “direct” with the contracted company; that is, an employer will sometimes hire a candidate from an employee leasing program after a specified amount of time.

 

 

 

New Mexico Leasing Program: Jurisdiction

 

 

 

Employee leasing program companies come under the jurisdiction of the New Mexico Regulation and Licensing Department .

It is required that businesses first register as leasing program in the state before beginning operations.

 

 

 

Becoming Licensed as a New Mexico Employee Leasing Program

 

 

 

Applicants who wish to form a New Mexico employee leasing program company must do the following:

* They must pay a $1,000 fee made payable to the employee leasing program;

* They must hold workers compensation insurance;

* They must hold a certificate from the New Mexico Secretary of State or the New Mexico Public Regulation Commission .

* In addition to this, they must obtain a $100,000 surety bond .

Of important note is that the New Mexico employee leasing program license renews annually.

 

 

 

New Mexico Employee Leasing Program Bond: The Basics

 

 

 

New Mexico requires an employee leasing program company to obtain a $100,000 surety bond to be filed with the state licensing department.

The $100,000 New Mexico employee licensing program bond will renew on an annual basis.

 

 

 

New Mexico Employee Leasing Program Bond: The Purpose

 

 

 

The New Mexico employee leasing program bond is not an insurance policy for the employee leasing company.

The bond protects others — employers and employees, for instance, who may be victims of fraud, theft, or acts of malfeasance committed by the employee leasing company.

Were a claim to be paid on the surety bond, it would be the responsibility of the leasing company to reimburse the surety company for all costs involved.

 

 

 

New Mexico Employee Leasing Program Bond: The Cost

 

 

 

This $100,000 New Mexico leasing program bond may have an annual premium as low as $1000; however, the premium paid for this surety bond is contingent upon an applicant’s credit score.

The premium also renews on an annual basis and the amount due is calculated based upon the credit scoring at that time.

In all cases, AmeriPro Surety Bonds will work to provide you the best pricing available.

 

 

 

AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bond-only company which provide contractor, license and permit (the New Mexico employee leasing program bond is a ‘license and permit bond’) and fiduciary bonds throughout New Mexico.

We also provide surety bonds throughout all of the United States.

 

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.

 

 

Call AmeriPro Surety Bonds today at: 844-589-9732

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. 

Missouri Proprietary School Bond

Missouri Proprietary School Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Missouri proprietary schools are regulated by the state’s Department of Higher Education, according to Division 10, Chapter 5, as...

Missouri Certified Commercial Pesticide Applicator Bond

Missouri Certified Commercial Pesticide Applicator Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Missouri businesses or persons involved in commercial pesticide, according to the Missouri Pesticide Use Act,...

Missouri Receiver Bond

Missouri Receiver Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Receivers are appointed to oversee the day-to-day affairs of a business entity which is in dissolution, reorganization, or in some other form of...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)