MO legal funding bonds.
$500 flat.

A company licensed to make consumer legal fundings in Missouri files a $50,000 surety bond with the Division of Finance under the state's Consumer Legal Funding Act. Ours is $500 flat — the price you see is the checkout price — with a short application.

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Required to license as a Missouri consumer legal funding company under RSMo 436.550–436.572

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Fixed price, fixed amount — $50,000 bond, $500, no quote process

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Multi-year terms available — set it up once for up to 3 years

A-ratedA.M. Best carriersSoft pull onlynever a hard inquiryInstantissued the moment you pay

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How it works

Three steps. One sitting.

A fixed-amount licensing bond is about the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date, plus a one-time consent to a soft credit pull. No financials, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

Licensing bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Division of Finance

Your executed bond and power of attorney arrive by email, ready to file with your consumer legal funding license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Missouri's Consumer Legal Funding Act, RSMo 436.550 to 436.572, licenses and regulates companies that advance money to a consumer with a pending legal claim in exchange for a share of the eventual proceeds. RSMo 436.570 conditions that license on a surety bond satisfactory to the Division of Finance in an amount not to exceed $50,000, filed before the license issues.

It's a three-party arrangement: you (the principal, the licensed funding company), the surety carrier, and the Division of Finance (the obligee). The bond acts as surety for any person or the state for amounts that become due from the applicant under the Act, and it runs for the benefit of anyone harmed by a licensee's violation of the Consumer Legal Funding Act or the Division's rules.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay active for the life of your Missouri consumer legal funding license, so we track it and notify you well before renewal to keep your filing continuous.

RSMo 436.570RSMo 436.570(5) requires an applicant for a Missouri consumer legal funding company license to file a surety bond satisfactory to the Division of Finance in an amount not to exceed $50,000, conditioned on the applicant's faithful compliance with sections 436.550 to 436.572 and the Division's rules, and acting as surety for the state or any person owed money under those provisions.

You need this bond if you're

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Applying for a Missouri consumer legal funding company license for the first time

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Renewing an existing Missouri consumer legal funding license and your bond is expiring

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Adding a Missouri license to an out-of-state consumer legal funding operation

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Reinstating a lapsed license that needs a fresh bond filing

One application, issued instantly.

These are the actual issuing fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price is fixed at $500.

Start the application →

FAQ

Common questions.

How much is the Missouri Consumer Legal Funding Company bond?The premium is $500 flat — set by our carrier's rate book for this bond, the same for every applicant. RSMo 436.570 sets the bond at up to $50,000, so there is no quote process.

Do I pay the $50,000?No. You pay $500. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

How fast will I have the bond?Licensing bonds like this are among the thousands of bond types that issue right after purchase — many applicants finish the application and have the bond in the same sitting. At most, 1–2 business days.

Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond.

Can the Division of Finance require a different bond amount?RSMo 436.570 caps the bond at $50,000 and gives the Division discretion in setting the exact amount up to that cap. We issue at the standard $50,000 amount most applicants are asked for; confirm your required figure with the Division before applying if you were told otherwise.

Related bonds

Other Missouri bonds.

Your Missouri license, bonded today.

$500 flat, soft pull only, bond often issued in the same sitting. Free until issued.

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Your price$500

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