Maine supervised lender branch bonds.
From $100.
Maine licenses each additional office of a supervised lender separately, and 9-A M.R.S. §2-302 requires each branch location application to be accompanied by its own surety bond of $50,000 per branch, on file with the Bureau of Consumer Credit Protection. The premium is 0.6% of the bond amount, $100 minimum.
Trusted by industry leaders
How much does a Maine supervised lender branch bond cost?
0.6% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue — enter your amount, pay, and file the branch bond. Here is the whole thing:
Apply online
Business details, the branch bond amount, an effective date, and a term. That is the application. No credit check up to $100,000.
Pay & e-sign
This bond is checkout-priced at 0.6% of the bond amount ($100 minimum), so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the Bureau
Your executed bond arrives by email, ready to file with your branch location application with the Bureau of Consumer Credit Protection. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Maine's Consumer Credit Code licenses supervised lenders office by office. Under 9-A M.R.S. §2-302, a separate license is required for each place of business, and each branch location license application must be accompanied by a surety bond in the amount of $50,000, in a form acceptable to the administrator — on top of the bond filed with the company's main license.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Maine (the obligee). The branch bond stands behind that office's compliance with the Consumer Credit Code and the administrator's rules, so Maine borrowers dealing with any of your locations have the same recourse.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond's term runs concurrent with the branch license, so it has to stay continuously on file; we track the term and send renewal notices 60 and 30 days out. If NMLS cannot carry a separate branch bond for your filing, the Bureau may direct aggregate coverage on the company bond — follow the instruction on your notice.
You need this bond if you're
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 Bureau. Your executed bond arrives by email, ready to file with your branch location application with the Bureau of Consumer Credit Protection. Wet-ink original mailed on request.
What sets the price
The premium is 0.6% 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.
One application, issued instantly.
These are the actual issuing fields — business details, your bond amount, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Maine bonds.
Price and requirements checked on the carrier’s application, .
Bond your next branch today.
0.6% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.