Colorado License Bond Mandates for Businesses

December 13, 2017 by · Leave a Comment 

Do you know if you need a Colorado license bond for your business? You need to find out. Operating a business without being properly bonded can result in a very negative situation. Let Jurisco help you understand which Colorado license bond applies to you and your situation.

What Types of License Bonds are Required?

Colorado requires license bonds from businesses and individuals in an effort to protect the state’s residents and consumers. License bonds span a spectrum of Colorado businesses including title agencies, health clubs, mortgage brokers, and licensed brokers. The types of surety bonds that apply to these situations are title agency bonds, health club bonds, mortgage broker bonds, and sales finance bonds respectively.

colorado landscapeFailing to secure the proper surety bond can result in fees and even temporary (or permanent) closure of a business. It is imperative that any necessary Colorado license bond is obtained and secured before business begins. The Colorado surety bond experts at Jurisco can help clients determine which bond is best for their situation.

How Much Does a Colorado Surety Bond Cost?

A Colorado license bond is designed to be affordable. While the state wants to be sure to protect consumers and residents, it also wants to protect business. Being able to start a business is a catalyst for the Colorado economy. That’s why Colorado license surety bond requirements are written in such a way that the fee is minimal.

Working with a reputable surety bond provider such as Jurisco also helps ensure a low surety bond cost. Colorado surety bond experts can quickly secure the best bond at the best rate possible.

When does A Colorado License Bond Expire?

Colorado license bonds do not last forever. Some span the course of a few months, others a few years. Jurisco will work with clients like you to make sure that the right time frame is covered. Bond experts can also help extend a bond should the state or any other party such as a judge, issues any additional requirements.

Who Can I Contact with Questions?

Have questions about Colorado surety bonds? Let the Colorado surety bond experts at Jurisco help. Contact Jurisco with any questions you may have about a Colorado license bond and let the experts take care of the work for you.

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