The City of Montrose requires every pawnbroker to file a $2,000 bond with its pawnbroker license. The premium is set by our carrier's rate book at $100 flat. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
Small fixed license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to attach to your City of Montrose pawnbroker license application with the City Clerk. Wet-ink original mailed on request.
The City of Montrose licenses pawnbrokers through the City Clerk and conditions the license on a $2,000 surety bond. The bond is a consumer-protection guarantee: it stands behind the safekeeping and return of articles you hold on pledge, and your faithful observance of the City pawnbroker rules.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Montrose (the obligee), with your pledge customers as the protected parties. If a pawnbroker fails to return or safekeep pledged property or otherwise violates the pawnbroker code, a harmed customer can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Pawnbrokers who keep clean records and return pledged property treat the bond as a license formality, not a risk.
These are the actual issuing fields — no credit section, because this bond doesn't have one.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.