Not in Louisiana? Browse bonds by state

Monroe transient merchant bonds.
From $100.

A transient merchant in Louisiana needs a license, and La. R.S. 37:1903 conditions it on a $10,000 deposit in cash or a surety bond, filed with the president of the parish governing authority. For a business in Monroe, that is Ouachita Parish. Pricing is 0.5% of the bond amount, $100 minimum.

✓
Required under La. R.S. 37:1901–1903 before anyone may engage in business as a transient merchant in Louisiana
✓
Statutory penal sum is $10,000 — a surety bond in that amount, or an equivalent cash deposit
✓
No credit check up to $100,000 — above that, a soft pull at most, which never affects your score
From $1000.5% of the bond amount, $100 minimumInstantissued the moment you payNo credit check up to $100,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Monroe transient merchant bond cost?

0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard transient merchant bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the parish office your filing goes to, and the $10,000 statutory bond amount — that is the application.

INSTANTLY

Issued on the spot

Most applicants are approved instantly and the executed bond generates as soon as you pay. No credit check up to $100,000.

SAME DAY

File with the parish

Submit the executed bond to the president of the Ouachita Parish governing authority (or the local office handling your transient merchant license) to complete your filing.

About this bond

What it is and who needs it.

What the transient merchant bond actually covers

A transient merchant under Louisiana law is generally a person who brings goods into a community and sells them from a temporary location rather than an established, permanent place of business. La. R.S. 37:1902 makes it unlawful to engage in that business, as principal or agent, without first obtaining a license.

To get the license, La. R.S. 37:1903 requires the applicant to "deposit the sum of ten thousand dollars, or a surety company bond in a like amount," filed with the president of the governing authority of the parish where the business will operate — for a merchant operating in Monroe, that is the president of the Ouachita Parish governing authority — along with a license fee.

The bond is a compliance-and-consumer-protection guarantee: it stands behind your obligation to actually hold the license, follow the statute, and make good on obligations to customers before you move on. We issue the statutory $10,000 amount, priced from a $100 minimum.

La. R.S. 37:1901–37:1903La. R.S. 37:1901 defines "transient merchant"; R.S. 37:1902 makes it unlawful to engage in that business without a license; and R.S. 37:1903 requires the applicant to deposit "the sum of ten thousand dollars, or a surety company bond in a like amount," filed with the president of the governing authority of the parish where the business will operate, along with the license fee. For a business operating in Monroe, that is the Ouachita Parish governing authority. Confirm your filing office and any additional City of Monroe requirements before applying.

You need this bond if you are

✓
Selling goods from a temporary location in or around Monroe rather than an established, permanent place of business
✓
A traveling or seasonal merchant new to Ouachita Parish and applying for your first transient merchant license
✓
Renewing a transient merchant license for another selling season
✓
Any seller Louisiana law defines as a transient merchant under La. R.S. 37:1901
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the parish. Submit the executed bond to the president of the Ouachita Parish governing authority (or the local office handling your transient merchant license) to complete your filing.

What sets the price

The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with your business details and the $10,000 statutory bond amount — the executed bond generates instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Monroe transient merchant bond?Pricing is 0.5% of the bond amount, with a $100 minimum. Because La. R.S. 37:1903 fixes the bond itself at $10,000, and 0.5% of $10,000 is only $50, the $100 minimum is what you pay — the full premium, with no separate fee tier.
What amount should I enter?$10,000 — the statutory amount under La. R.S. 37:1903. It is fixed by state law, not set case by case, so every transient merchant bond carries the same penal sum.
What does the bond guarantee?Your compliance with the transient-merchant statute and your obligations to customers while you do business in the parish. If you violate the statute and a claimant is harmed, they can pursue the bond, up to $10,000.
Where do I file it?With the president of the governing authority of the parish where you do business — for Monroe, the Ouachita Parish governing authority — alongside your license fee. We send the executed bond and power of attorney by email, ready to submit.
Is there a credit check?No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score. Most applicants are approved instantly.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Louisiana bonds.

Price and requirements checked on the carrier’s application, . Page updated .

Transient merchant license, one bond away.

$10,000 statutory amount, priced from a $100 minimum. File with the parish the same day.

Your premiumfrom $100
Apply now →