AL small loan company bonds.
$100 flat.
Alabama licenses small loan companies through the State Banking Department's Bureau of Loans under the Alabama Small Loan Act, and this $1,000 surety bond is filed in connection with that licensing. Ours is $100 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
Small loan company bonds are among the simplest filings in surety. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the entire application — no financials, and any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $100 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with your license
Your executed bond arrives by email, ready to file with your small loan company licensing at the Bureau of Loans. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Alabama's Small Loan Act — Ala. Code § 5-18-1 et seq. — requires a license from the State Banking Department to make small consumer loans in the state, administered through the Bureau of Loans. This $1,000 surety bond is filed in connection with that licensing, on the form the licensing authority prescribes.
It's a three-party arrangement: you (the principal), the surety carrier, and the licensing authority (the obligee). The bond stands behind your compliance with the licensing rules that protect Alabama borrowers who take small loans from you.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay on file for the license to stay in good standing; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Alabama bonds.
Finish your small loan company licensing today.
$100 flat, issued the moment you pay, soft pull only. Free until issued.