Arkansas Surety Bonds Overview
Bryant Surety Bonds is able to underwrite all types of surety bonds throughout the state of Arkansas with many exclusive markets to place you in.
Our access to exclusive markets is granted by A-rated and T-listed surety bond companies, the only type of sureties we work with. This guarantees that you will receive only the most competitive and lowest rates on your Arkansas surety bonds from the best companies out there.
Our highly secure and simple online application is designed to approve both standard and high risk applicants within very short periods of time. Applicants with bad or no credit can still get bonded in the state of Arkansas through our special bad credit program.
Continue reading to find out more about Arkansas surety bonds, how you can get bonded in Arkansas and how much it will cost you. If you already know what you are looking for, just select the bond you need in the table below and follow the link to your application.
Find the Bond You Need
The table below contains a list of only the most popular surety bonds. If you can't find yours, fill out our online application and select "Not in the list".
|Contractor License Performance & Payment (Local) Bond||City of Marion||(City of Marion, AR) Contractor License Bond||Apply Now|
|Contractor License Performance & Payment (State) Bond||Contractors Licensing Board||Contractor's Bonds||Apply Now|
|Contractor License Third Party Liability Bond||Contractors Licensing Board||Contractor License||Apply Now|
|Collection Agency Bond||State Board of Collection Agencies||Collection Agency||Apply Now|
|Professional Fund Raisers Bond||Arkansas Attorney General||Professional Fund Raisers Bond||Apply Now|
|Insurance 3rd Party Administrator Bond||Arkansas Insurance Dept. License Division||Third Party Administrator Bond||Apply Now|
|Mortgage Broker (1st & 2nd Mortgages) Bond||Securities Dept||Mortgage Broker or Mortgage Servicer Bond||Apply Now|
|Mortgage Lender/Banker (1st & 2nd Mort.) Bond||Securities Dept||Mortgage Banker||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||Motor Vehicle Commission||New Motor Vehicle Dealer||Apply Now|
|Auto & Mobile Home Dealers (New & Used) Bond||Arkansas Motor Vehicle Commission||New Motorcycle, ATV, Scooter, Utility Vehicle or L||Apply Now|
|Auto & Mobile Home Dealers (Used Only, No New) Bond||State Police - Special Services Section||Used Motor Vehicle Dealer||Apply Now|
|Oil, Gas, Water or Mineral Wells or Leases Bond||Department of Environmental Quality||Oil, Gas, Water or Mineral Wells or Leases Bond||Apply Now|
|Sport Permits Bond||Arkansas Athletic Commission||Combative Sports Bond||Apply Now|
|Professional Licenses (All Other) Bond||Appraiser Licensing and Certification Board||Appraisal Management Company||Apply Now|
|Professional Licenses (All Other) Bond||State of Arkansas Athletic Commission||Combative Sports||Apply Now|
|Professional Licenses (All Other) Bond||AK Attorney General Attn Tobacco Division||Non-Participating Manufacturer or Importer||Apply Now|
|Professional Licenses (All Other) Bond||Arkansas Game and Fish Commission||Fishing License & Equipment Consignment Bond||Apply Now|
|Professional Licenses (All Other) Bond||Arkansas State Plant Board||Household Pest and Rodent Control Bond||Apply Now|
|Professional Licenses (All Other) Bond||Arkansas Insurance Department||Service Contract Provider Bond||Apply Now|
|Cigar/Cigarette & Tobacco Tax Bond||Tobacco Control Board||Coin Operated Cigaretter Machine Operators Bond||Apply Now|
|Fuel Tax (All Others, Sellers & Users) Bond||Motor Fuel Tax Section||Motor Fuel Tax Bond||Apply Now|
|Utility Deposit Bond||PLWC||Paragould Light Water and Cable Utility Bond||Apply Now|
|Utility Deposit Bond||Entergy Arkansas, Inc.||Entergy Arkansas, Inc. Electric Service Bond||Apply Now|
|Lottery Bond||ARKANSAS SCHOLARSHIP LOTTERY||Scholarship Lottery Bond||Apply Now|
|Telemarketing/Phone Solicitor Bond||Office of the Attorney General||Telephonic Seller||Apply Now|
Types of Arkansas Bonds
What kind of Arkansas surety bond do you need? Is it a license and permit bond that will allow your Arkansas business to get licensed? Or do you need a contract bond so you can begin working on an Arkansas-based construction project? Whichever bond you need, we can provide it for you. Read more below about the different types of Arkansas surety bonds and let’s get started!
Arkansas License & Permit Bonds
To get your business licensed and operational in Arkansas, you may need to post a license and permit bond. These bonds, sometimes also referred to as commercial bonds, are often required by businesses in order for them to receive a license. Most license and permit bonds are specified in state regulations, though some of them are also required nationwide, as per federal regulations.
Many of our applications in Arkansas come from auto dealers who need to get an Arkansas auto dealer bond before they can open their dealership. We also receive many applications for the Arkansas mortgage broker bond as well as for freight broker bonds. While these are some of the most popular bonds in the state, we underwrite all types of Arkansas license and permit bonds.
Since many license and permit bonds are state-regulated, their amounts differ from state to state. The Arkansas auto dealer bond amount is $25,000, the Arkansas mortgage broker bond amount is $50,000 and freight broker bonds are in the amount of $75,000.
If you are confused by these high amounts don’t worry - this is not the cost of your Arkansas surety bond. Bond amount and bond cost are two different but related things. To find out more about the price of your bond, simply read on below in the relevant section.
Arkansas Contract Bonds
Alongside of license and permit bonds, Bryant Surety Bonds also underwrite all types of Arkansas contract bonds. State regulations often require that contractors working on public or federal construction projects obtain a set of contract bonds before they are allowed to begin work.
Many private construction projects in Arkansas also require that contractors get bonded prior to commencing work.
Arkansas Court Bonds
Finally, we also receive a number of requests for Arkansas court bonds. These bonds are relevant for a number of situations in court and are usually requested by the court itself. Appellants are very likely to require a court bond before they can appeal a judgement and fiduciaries will also require a court bond when they assume the role and responsibility of being someone’s guardian.
These are the three main surety bond categories offered in Arkansas. If you’re still not sure which bond you need or have further questions prior to applying, just call us at (866)-450-3412. Bryant Surety Bonds’ experts will be happy to respond to your queries and assist you with your application.
Surety Bond Cost in Arkansas
Your Arkansas surety bond cost depends on the amount of the surety bond you are applying for and on yourself as the applicant.
A surety bond amount is the total amount of coverage that a surety will extend to obligees in the case of a claim against the bond. For example, the total amount of the Arkansas auto dealer bond is $25,000.
The cost of your surety bond is a fraction or percentage of this amount. How high this percentage or your rate will be, depends on a number of financial and business-related factors that sureties take into account. The most important among these is your personal credit score. It has the highest influence when sureties look at your application and determine your rate.
Sureties also take into account other factors when preparing your Arkansas surety bond quote. These include:
- The quality of your financial statements
- The stability and health of your business
- Your industry experience
- Other financial factors
Applicants whose credit score is high are usually offered a rate on their Arkansas surety bond which is between 1%-4% of the total bond amount, also known as a standard market rate.
Applicants who have no credit or bad credit score are usually considered high-risk applicants and many sureties will turn such applicants down. Bryant Surety Bonds has for a long time developed its Bad Credit Surety Bond Program in order to create possibilities for applicants with less-than-perfect credit to get bonded.
While rates for such applicants are slightly higher, between 5%-15% of the total bond amount, they are still sure to receive only the best bonds and service when obtaining a bond through us.
Want to get an estimate quote on your Arkansas surety bond? Try our surety bond cost calculator in the right sidebar! For a 100% precise and entirely free quote, simply follow the application link below for the surety bond that you need to get.
Do you need to know more before you get bonded? Our thorough Surety Bond Cost page contains plenty of information about how surety bond cost is formed. Have a look!
How to Get Bonded in Arkansas
Getting bonded in Arkansas is quite simple! Once you’re sure which surety bond you need, just follow the guidelines, fill in your application and send it to us.
To get an Arkansas license and permit bond, apply online through our easy to use and secure application system. When you submit your application we will review it and then come back to you with an entirely free quote on your Arkansas surety bond. Depending on the type of license and permit bond you are applying for, we may have to request a number of additional documents before we underwrite your bond.
There are two possible options when applying for an Arkansas contract surety bond.
If you are applying for a bond which is under $250,000 go ahead and use our Fast Track Program. If the contract bond you need to obtain is over $250,000 you will have to use our Full Bond Line Project application form. This procedure is slightly different and takes a bit more time.
To apply for your Arkansas contract bond, download the appropriate application form, fill in the details and just forward it to us. We will soon get back to you.
You can always call us at (866)-450-3412 if you want to know more or need help with your application. We will be happy to assist you and respond to any questions that require further clarification. Our experts are familiar with all bonding requirements on Arkansas surety bonds and will be happy to help you!
Have a look at our ‘what is a surety bond’ page! There you will find in-depth explanations and information about how surety bonds work and why businesses need to obtain them.
Arkansas Surety Bond Companies
We work only with the best surety bond companies in Arkansas, such as International Fidelity Insurance Company and Liberty Mutual Insurance Company. This is guaranteed by their status as A-rated surety bond companies under the ‘A.M. Best’ system. It is further guaranteed by them being T-listed with the U.S. Treasury Department.
The financial backing of your Arkansas surety bond is therefore 100% secure and guaranteed!