Meeting San Diego License Bond Requirements

August 1, 2017 by · Leave a Comment 

In the market for a San Diego license bond? Jurisco is here to help. Surety bonds may not immediately come to mind when thinking of writing a business plan or meeting California business license requirements. They may not be what’s talked about in San Diego coffee shops but license surety bonds still play important roles for the state.

Why would A Business Need a Surety Bond?

In general, a surety bond is a form of protection ensuring the bondholder’s action. For instance, in a court of law an appeal bond is used to cover a judgement during the appeal process so neither the plaintiff or defendant are in jeopardy of delayed justice.

Image of San Diego skyline on a bright sunny afternoon. The sky is blue without any clouds. The grass is green and at the end of the parkway is a lake.The state of California can require a business to secure a surety bond if they believe it is in the public’s best interest. This applies to a wide range of businesses from health clubs to mortgage brokers. A San Diego license bond works as a safeguard for the public should a business misuse their position. A mortgage broker who accepts payment for a property and doesn’t distribute the funds properly can cause a family to lose a home for example. That’s why the state of California suggests making sure the broker is properly bonded before making a deal.

If the state of California requires a bond and a business has not met that requirement they face immediate closure as well as fines and penalties.

What Type of License Surety Bond Works Best?

There are a variety of San Diego license surety bonds and Jurisco will make sure you have the right one for you. A person opening up a gym doesn’t need to worry about a yacht surety bond. They need a health club bond. Every San Diego client gets to work with a California surety bond expert who understands their needs and situation.

How Fast Can A Surety Bond Be Secured?

Jurisco is a recognized nationwide surety bond provider and can secure a San Diego license bond with same day service. Being experts in the field, our bond professionals are ready to work as fast as necessary. Jurisco aims to help clients meet their needs and exceed their expectations.

Need a license surety bond quickly in San Diego? Jurisco is who to trust.

Is A License Surety Bond Expensive?

Surety bonds are designed to be the most cost effective solution. A surety bond can cover a six figure amount and only require a small percentage to be paid up front. California does not want its licensing procedure to hinder the economy so they choose surety bonds because they are affordable. Only having to pay one to two percent of the total value of the bond allows businesses of all sizes to grow and prosper in the state.

Have questions about San Diego license bonds? Contact Jurisco to learn how we can help secure San Diego surety bonds today.

 
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