DE motor vehicle sales finance bonds.
$250 flat.
Delaware licenses companies that purchase retail installment contracts on motor vehicles — sales finance companies — through the Office of the State Bank Commissioner under Chapter 29 of Title 5, and every licensee files a $25,000 corporate surety bond with the Commissioner under 5 Del. C. § 2914. Ours is $250 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.
Sales finance company license 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 $250 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the State Bank Commissioner
Your executed bond arrives by email, ready to file with your sales finance company license through the Office of the State Bank Commissioner. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Delaware requires anyone engaging in business as a sales finance company — buying retail installment contracts on motor vehicles from dealers, or otherwise financing motor vehicle sales — to hold a license from the Office of the State Bank Commissioner under 5 Del. C. § 2902. Section 2914 of the same chapter requires every licensee to file an original corporate surety bond in the principal sum of $25,000, written by a surety authorized to transact business in Delaware.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Delaware (the obligee). The bond runs to the State for the benefit of the Office of the State Bank Commissioner and of consumers injured by a licensee's wrongful act, omission, default, fraud, or misrepresentation in the course of the licensed business.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond's term must stay commensurate with the license period, so it has to remain continuously on file; 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 Delaware bonds.
Finish your sales finance company license today.
$250 flat, issued the moment you pay, soft pull only. Free until issued.