1 (844) 589-9732

Tennessee Industrial Loan and Thrift Bond

The Tennessee industrial loan and thrift bond is in one of two amounts, and when purchased, filed through NMLS. Please call AmeriPro Surety Bonds today for this bond at 844-589-9732.

Tennessee Industrial Loan & Thrift Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Tennessee industrial loan and thrift companies make loans pursuant to T.C.A. 45-5-101, and the related Codes which follow.

Such companies are licensed and regulated by the Tennessee Department of Financial Institutions.

The type of loans your industrial loan and thrift business provides will determine the type of surety bond required.

Once purchased, filing of this surety bond is now completed electronically, through NMLS.

 

 

 

Tennessee Industrial Loan & Thrift Bond: Business Type and Surety Bond Amounts

 

 

 

  • If your Tennessee loan and thrift company makes residential or mortgage loans, or intends to do so, then you require a $200,000 Tennessee industrial loan and thrift bond.
  • If your company falls outside the above category, a $50,000 bond is required.

 

 

The Cost For This Surety Bond and the Duration

 

 

 

With AmeriPro Surety Bonds, the cost for either the $50,000 or $200,000 Tennessee industrial loan and thrift bond can be very reasonable.

A surety bond application and your credit score will determine the price of either surety bond amount.

Applicants with very good credit may qualify for a $50,000 surety bond at 1% annually; and the same is likewise true for the $200,000 surety bond. The price you will pay, however, will be determined by your application and credit score.

Once purchased, the surety bond will typically expired on December 31st of the year in which the bond is purchased.

Purchase options include the ability to prepay the bond for up to 3 calendar years, thereby offering you a savings over a year to year renewal.

 

 

 

Its Purpose

 

 

 

The purpose of this surety bond is to serve as a financial guarantee that your company will comply with all regulations, amendments, and laws involved in this lending profession.

The bond’s purpose protects your customers from criminally wrong acts.

As the bond’s principal, you are legally obliged to indemnify the surety for any claims paid against your bond.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds only agency which provides license and permit, fiduciary and certain court bonds throughout Tennessee.

Please call our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may complete 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)