MI wholesale potato dealer bonds.
Flat 3%. Enter your amount.
Every licensed wholesale potato dealer in Michigan files a bond with MDARD (form PI-215) to protect growers if a dealer doesn’t pay. We issue it at a flat 3% with a soft credit pull only — enter the amount MDARD set and the premium updates.
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Apply to filed in one sitting.
Enter your amount, consent to a soft credit pull, and file with MDARD. Here is the whole thing:
Apply online
Your business details, your dealer location, the bond amount MDARD set, and the effective date — that is the application, plus a one-time soft-pull consent.
Reviewed & approved
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
File with MDARD
Receive the executed bond (form PI-215) ready to file with your wholesale potato dealer license application before June 1. Wet-ink originals mailed on request.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure MDARD set and the premium updates.
What it is and who needs it.
What the potato dealer bond actually guarantees
Michigan licenses wholesale potato dealers through MDARD (the Department of Agriculture & Rural Development). A wholesale potato dealer buys potatoes directly from Michigan growers or grower cooperatives, or handles them in wholesale lots for processing or resale — and must post a bond (or letter of credit) as a condition of licensure.
The bond is a grower-protection guarantee, filed on form PI-215. It ensures the dealer pays growers promptly, deals fairly, and meets its contractual obligations. If a dealer fails to pay for potatoes it bought, the harmed grower can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The license renews annually (application and bond due before June 1), and the bond amount is set by MDARD. Enter that figure, and we issue at a flat 3% with a soft credit pull only.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Michigan wholesale potato dealer bond? +
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Other New York bonds.
Potato dealer bond, issued this week.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount MDARD set and file before June 1.