Collection Agency Bonds

Discover why more and more collection agencies of all sizes choose Cornerstone to manage their bonds.
Get a Free Bonds Quote

Maybe you have a laundry list of licenses you are in the process of obtaining but are unsure which require bonds, which bonds your specific agency needs, or how to obtain them. Get started today with a free quote!

What makes working with Cornerstone Support for Bonds different?

  • Unparalleled customer service and competitive rates 
  • Proactive, no hassle bond renewals 
  • A wide network of surety companies who write the specific bonds you need

Collection Agency Bonds

Collection agency and debt collector bonds are required in roughly half of the 50 states. These bonds are a type of license and permit bonds which are required by law or ordinance to be able to engage in business as a collection agency. In the states with collection agency bond requirements, they are required as part of a license or registration application. The exceptions are New Jersey and Texas, which require a bond, but no accompanying license. 

Most bonding companies are not familiar with the statutes and filings unique to collection agency bonds. Here at Cornerstone, we specialize in collection agency bonds. Cornerstone also has access to a wide network of surety companies with appetites for all types of bonds and competitive pricing.  

Do you have licenses you are in the process of applying for but you are unsure which require bonds? Do you have questions about which bonds and amounts your agency needs, or how to obtain them? Contact us today for a quote, let us answer your questions, and save yourself the time and hassle of having to shop around – we’ll manage the process for you.


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  • Collection Agency Bond
  • Mortgage Banker Bond
  • Mortgage Broker Bond
  • Mortgage Lender Bond
  • Mortgage Servicer Bond
  • Mortgage Originator Bond
  • Lender Services Bond
  • Consumer Installment Bond
  • Consumer Loan Bond
  • Consumer Discount Company Bond
  • Debt Settlement Bond
  • Sales Finance Bond
  • Payday Loan Bond
  • Compliance Bond (e.g. electricians, plumbers, and other construction tradespersons)

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Other Types of Bonds We Write
Contract Bonds (Client Specific Bonds)
Bonds which guarantee the faithful performance of the terms of a written contract. Contractors or vendors can be required to obtain these for providing services, manufacturing/supplying goods, performing installation of equipment/software, or for construction of all kinds. These are often referred to as "Performance bonds" or "Remittance bonds."
Fidelity Bonds
Bonds which cover loss of money, securities, or other property owned by the insured when such loss is due to the dishonesty of the insured's employees.
Employee Retirement Income Security Act of 1974 – requires that qualifying employee benefit plans be bonded by acceptable surety companies for the protection of plan funds against loss by acts of fraud or dishonesty on the part of those persons handling the funds.
Court Bonds
These describe any bonds which are filed in court and include: Judicial, Probate, and Injunction bonds.
Notary Bonds
Most states require that a notary, or an individual who has applied for appointment as a notary, purchase a surety bond to protect the public from negligent mistakes or dishonest acts by the notary. Typically, the bond guarantees the notary will truly and faithfully perform and discharge all the duties of the office of notary public according to the law.
* The bonds we can write are not limited to what is listed on this page! Do you need a specific type of bond? Contact us! We will be glad to help.
Frequently Asked Questions
What is the process for obtaining bonds with Cornerstone Support?

The process will vary depending on the size of the account, the types of bonds needed, and the financial standing of the company. Many bonds are written freely with no underwriting necessary. In some cases, it is as simple as completing an application. In other cases, some underwriting will occur in order for us to find the best surety company for your needs.

I need NMLS electronic surety bonds. Can Cornerstone Support write those for me?

Absolutely! We are authorized in NMLS and ready to write your NMLS bonds at any time. It’s as simple as clicking a few buttons to grant us access and then we take care of it for you!

I get bonds outside of Cornerstone, why should I change them?

Three Reasons:

1.We specialize in collection agency bonds at Cornerstone. We are constantly monitoring the ever-changing state regulations to ensure that all requirements are fully met.

2.Centralizing all compliance under one roof truly makes the licensing process streamlined and simple. If a bond is needed for a particular license, your licensing specialist can walk a few steps to the bond department and get what they need rather than chasing it down from another agency, and we get it done right the first time!

3. Our customer service is unparalleled. You can expect same-day responses, no wait times when you call, and a staff who will do everything in their power to take the best care of you possible.

If underwriting is required what information will be requested from me?

Typical requests from surety companies can include: Corporate year-end financial statements (which include a Profit & Loss statement as well as a balance sheet), personal financial statements, a bond list, and an ownership structure breakdown.

How does Cornerstone Support renew my bonds each year?

We track all bond renewal dates internally and renew them automatically each year.  If the document is non-continuous, continuations will automatically be given to your license specialist to include with the renewal documentation sent to the state. You will never need to request to renew a bond.

What is the process for bringing my bonds over to Cornerstone?

The process will vary depending on the size of the account, the types of bonds needed, and the financial standing of the company. In some cases, it is as simple as signing a Broker of Record letter. In other cases, some underwriting will occur in order for us to find the best surety company for your needs.