Loan Brokers operating in the State of Illinois are required under the Illinois Loan Brokers Act of 1995 to execute an Illinois Loan Broker Bond to ensure compliance with licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Loan Broker Bond holds you accountable for your business decisions. By possessing an Illinois Loan Broker Bond, you are telling your Obligee that you can be trustedas a Principal and that you stand behind your business decisions.
Get Your Bond Price Within 1 Hour!
Most License and Permit Bonds have 1 hour responses during normal business days and hours (Monday-Friday; 9am - 5pm EST):
1. This application is all that’s needed to get you a price within 24 hours.
2. Occasionally, more information is needed. If so, you’ll be contacted within 24 hours.
3. If you have credit issues, approvals might need additional time.
4. We never require an application fee. All quotes are always 100% free.
Your lowest bond price is calculated from the information you provide on the application. Keep your cost low by filling out this application completely.
Bond approvals, like loans, are based upon several factors: personal credit and financial strength of the owner(s), liens or judgments, bankruptcies, length of time in business, bond amount and type of bond. The more information you provide the better chance you have of getting the lowest available price and a faster approval.
Complete our fast and easy online application by clicking the link below. Most will receive a free quote within 1 hour.