MO commercial financing broker bonds.
From $100. See your price in the app.

Missouri's Commercial Financing Disclosure Law — § 427.300, RSMo — bars anyone from working as a commercial financing broker in the state for compensation until they have filed a registration with the Division of Finance and have a good and sufficient bond on file. The statute sets that bond at $10,000, in favor of the State of Missouri. Premiums cost 0.5% of the bond amount, $100 minimum; the application collects no credit information, and most applications approve instantly.

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Required before brokering a commercial financing transaction in Missouri — § 427.300.5(1), RSMo, filed with the Division of Finance

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The statute sets the amount — a $10,000 bond running in favor of the State of Missouri, not any one client

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From $100, no credit section in the application — enter the amount your filing requires and your exact price appears at the application

From $1000.5% of the bond amount, $100 minimumA-ratedA.M. Best carriersInstantissuance at checkout

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How it works

Apply to filed in one sitting.

There is no underwriting queue on the standard broker bond — enter your amount, pay, and file it with the registration form. Here is the whole thing:

TODAY · ONLINE

Apply online

Your entity type, business and contact details, the county you operate from, the bond amount, and an effective date. That is the entire application — there is no credit section and no financial statement.

INSTANTLY

Pay & e-sign

The rate is verified at checkout, so the bond issues the moment you pay — your executed bond and power of attorney generate on the spot and land in your inbox.

SAME DAY

Register with the Division of Finance

File the executed bond with your broker registration form and the registration fee at the Division of Finance, inside the Missouri Department of Commerce and Insurance. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the broker bond actually guarantees

Missouri's Commercial Financing Disclosure Law (S.B. 1359, 2024, amended in 2025) did two separate things. It made providers — anyone who consummates more than five commercial financing transactions to a Missouri business in a calendar year — hand a business a fixed set of cost disclosures at or before consummation: Total Amount of Funds Provided, Total Amount of Funds Disbursed, Total of Payments, Total Dollar Cost of Financing, Payments, and Prepayment. And it made brokers register and post a bond.

A broker, in the statute's own words, is a person who for compensation obtains a commercial financing transaction — or a binding offer for one — from a third party and communicates that offer to a business located in Missouri. A provider is not a broker, and neither is anyone whose pay does not depend on the terms of the specific deal. Employees regularly employed by a registered broker file no registration and no separate bond of their own while acting inside the scope of that employment. The covered products are commercial loans, accounts receivable purchase transactions, and commercial open-end credit plans, so long as the proceeds carry on a business rather than a household.

The bond is a three-party instrument: you (the principal), the surety carrier, and the State of Missouri (the obligee), with damaged businesses as the protected parties. Anyone harmed by your breach of contract, by an obligation arising from that contract, or by any violation of § 427.300 may bring an action on the bond and recover actual damages — the surety's aggregate liability never exceeds the bond amount. It is not insurance for you: if the surety pays a claim, you repay the surety. Registration renews on January 31 each year, so the bond has to stay continuously on file; we track the term and send renewal notices 60 and 30 days out.

§ 427.300, RSMo — Commercial Financing Disclosure LawSection 427.300 of the Missouri Revised Statutes, the Commercial Financing Disclosure Law, bars any person from engaging in business as a broker in this state for compensation unless the person has first filed a registration with the division of finance within the Department of Commerce and Insurance and has a good and sufficient bond on file. Subdivision (6) of subsection 5 fixes the instrument: every broker obtains a surety bond issued by a surety company authorized to do business in Missouri, the amount of the bond is ten thousand dollars, and the bond is in favor of the state of Missouri. Any person damaged by the broker's breach of contract or of any obligation arising from it, or by any violation of the section, may bring an action against the bond for actual damages, and the surety's aggregate liability is capped at the bond amount. Registration carries a $100 fee on the initial filing and a $50 fee on the renewal, which is due on or before January thirty-first of each year, and the form must name the broker, the name it transacts under, its principal office (which may sit outside Missouri), whether any officer, director, manager, operator, or principal has been convicted of a felony involving fraud, dishonesty, breach of trust, or money laundering, and a Missouri agent for service of process. Employees regularly employed by a compliant broker are excused from filing their own registration or bond. The registration and disclosure duties took effect February 28, 2025 unless the division promulgated implementing rules that moved the date — confirm your filing date with the Division of Finance. Enforcement is vested exclusively in the Attorney General, at five hundred dollars per incident up to a $20,000 aggregate, rising to one thousand dollars per incident up to $50,000 after written notice of a prior violation.

You need this bond if you're

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Registering as a Missouri commercial financing broker — the filing goes to the Division of Finance before you take your first fee

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Placing merchant cash advances or small-business loans for compensation, where the funder’s offer would bind on acceptance

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Renewing your broker registration — the renewal form and fee are due on or before January 31 each year

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An out-of-state broker with Missouri clients — a principal office elsewhere is fine, but a Missouri agent for service of process is not optional

One application, issued at checkout.

These are the actual issuing fields — entity type, business details, county, bond amount, and an effective date. The application collects no credit information.

Start the application →

FAQ

Common questions.

How much is the Missouri commercial financing broker bond?Premiums cost 0.5% of the bond amount, with a $100 minimum. Because § 427.300 sets the broker bond at $10,000, the minimum governs for nearly every filer — enter your amount and the exact price appears at the application, verified at checkout rather than quoted back to you.

What amount should I enter?$10,000. Subdivision (6) of subsection 5 of § 427.300, RSMo fixes the broker bond at ten thousand dollars, and there is no sliding scale tied to volume or transaction size. Enter a larger figure only if a funder or a written agreement asks you to carry more than the statute requires.

Do I pay the full bond amount?No. You pay the premium. The bond amount is the surety’s maximum liability if a valid claim is proven — it is not a deposit, nobody escrows your money, and it is not a line of credit. If the surety ever pays a claim, you reimburse the surety.

What does the bond guarantee, and who can claim on it?It runs in favor of the State of Missouri for the benefit of the businesses you broker to. Any person damaged by your breach of contract, by an obligation arising from that contract, or by any violation of § 427.300 may sue the bond and recover actual damages, up to the bond amount in the aggregate across all claimants.

Is there a credit check?The application collects no credit information, and most applications approve instantly. If a check ever runs on this bond, it is a soft pull that will not affect your score.

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Register as a Missouri broker today.

Enter your bond amount, see the exact price, and file with the Division of Finance the same day. Free until issued.

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MO commercial financing broker bonds.From $100. See your price in the app.