Collection Agency Bond
OFR commercial collection $50,000 surety under FAC 69V-180.010
Florida commercial collection agencies must maintain a $50,000 surety bond with OFR using Form OFR-COM-103 under FAC 69V-180.010.
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A Florida commercial collection agency bond is the $50,000 surety security required to operate as a commercial collection agency under Florida Office of Financial Regulation rules.
The surety bond guarantees that the principal will perform the duties required under FAC 69V-180.010 up to the penal sum.
A claim may arise if the principal fails to comply with the bonded Florida obligation or causes covered loss to the obligee or protected parties.
If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.
Amount, premium, term, and the authority that requires this filing.
Persons acting as a commercial collection agency in Florida need this bond continuously in force.
Execute Form OFR-COM-103 with an admitted surety for $50,000 and file with OFR; keep the bond free of blank spaces and fully executed.
Share your license type, court order, or obligee form and the exact penal sum required by Florida Office of Financial Regulation (OFR).
We review credit and filing details, then quote premium options through licensed surety markets.
Once approved, we issue the bond for delivery to Florida Office of Financial Regulation or for your Florida filing package.
The amount is $50,000 commercial collection agency surety bond (Form OFR-COM-103), as set under FAC 69V-180.010 and confirmed with Florida Office of Financial Regulation (OFR).
The obligee is typically Florida Office of Financial Regulation. Always match the exact name on the Florida form.
Many Florida filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.
Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.
Most bonds renew on the term shown (1 Year). Keep continuity so your Florida license or filing does not lapse.
Next step
We’ll match the requirement and route the application.
Apply for this bond