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Nebraska collection agency bonds.
From $100.

Nebraska licenses collection agencies through the Collection Agency Licensing Board, and Neb. Rev. Stat. § 45-608 conditions the license on a corporate surety bond sized by licensed solicitor count: $5,000 under five, $10,000 for five to fifteen, and $15,000 at sixteen or more. Pricing is 0.5% of the bond amount, $100 minimum.

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Required by Neb. Rev. Stat. § 45-608 before a Nebraska collection agency license issues
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Amount is set by your licensed solicitor count — $5,000, $10,000, or $15,000
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0.5% of the bond amount, $100 minimum — exact price at the application, issued the moment you pay
0.5% of amount$100 minimumInstantissuance at checkoutA-ratedA.M. Best carriers
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 Nebraska collection agency 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 quote round-trip on this bond — enter your amount, pay, and file with the Board. Here is the whole thing:

TODAY · ONLINE

Apply online

Your agency details, the bond amount your solicitor count requires, and the effective date — that is the application. No financial statements.

INSTANTLY

Issued the moment you pay

Your exact price appears before you pay, so there is nothing to wait on — the executed bond and power of attorney generate on the spot.

SAME DAY

File with the Board

Submit the executed bond for the Collection Agency Licensing Board’s approval; it is filed in the office of the Secretary of State. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the collection agency bond covers

Nebraska regulates debt collection under the Collection Agency Act, Neb. Rev. Stat. §§ 45-601 to 45-622. The Collection Agency Licensing Board — chaired by the Secretary of State — administers the Act, and no license issues until the applicant furnishes a good and sufficient corporate surety bond in the statutory amount.

Section 45-608 sizes the bond by licensed solicitor count: $15,000 for agencies with sixteen or more licensed solicitors, $10,000 for five to fifteen, and $5,000 for fewer than five. The bond is payable to and approved by the Board, in a form the Board approves, and is filed in the office of the Secretary of State. No person is required to post more than $100,000.

The condition is specific: you must faithfully perform all agreements with your clients and, within forty-five days after the close of each calendar month, report and pay each client the net proceeds of collections made the preceding month. A client you fail to account to can sue on the bond, though the surety’s aggregate liability never exceeds the penal sum. It is not insurance for you — if the surety pays, you repay the surety.

Neb. Rev. Stat. § 45-608 (Collection Agency Act)Section 45-608 provides that no collection agency license shall issue under section 45-607 until the applicant has furnished a good and sufficient corporate surety bond in the sum of fifteen thousand dollars for agencies having sixteen or more licensed solicitors, ten thousand dollars for agencies having five to fifteen licensed solicitors, and five thousand dollars for agencies having fewer than five solicitors. The bond is payable to and approved by the Collection Agency Licensing Board and filed in the office of the Secretary of State, conditioned that the licensee faithfully perform all agreements with clients and, within forty-five days after the close of each calendar month, report and pay each client the net proceeds of collections made during the preceding month. No person is required to post a bond in excess of one hundred thousand dollars, and the surety’s aggregate liability may not exceed the sum of the bond. Confirm your required amount with the Board.

You need this bond if you are

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Applying for a Nebraska collection agency license with the Collection Agency Licensing Board
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Adding licensed solicitors that push you into the $10,000 or $15,000 tier
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Renewing a collection agency license that must keep the bond continuously on file
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A foreign corporation collecting Nebraska accounts and licensed under the Collection Agency Act
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 Board. Submit the executed bond for the Collection Agency Licensing Board’s approval; it is filed in the office of the Secretary of State. Wet-ink original mailed on request.

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 $200,000. 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 instantly.

Submit the application with the bond amount your solicitor count requires — the executed bond is generated the moment you pay, ready to file.

Start the application →
FAQ

Common questions.

How much is the Nebraska collection agency bond?The premium is 0.5% of the bond amount, with a $100 minimum. Because Neb. Rev. Stat. § 45-608 sets the bond at $5,000, $10,000, or $15,000, the $100 minimum is what most agencies pay. Enter your required amount to see your exact price before you pay.
Which bond amount do I need?It depends on licensed solicitors: $5,000 for fewer than five, $10,000 for five to fifteen, and $15,000 for sixteen or more. If your solicitor count crosses a threshold, the Collection Agency Licensing Board will expect the higher bond.
How fast will I have the bond?Your exact price appears at the application, so the bond issues the moment you pay — the executed bond and power of attorney arrive by email, ready to submit for the Board’s approval.
Is there a credit check?No credit check up to $200,000. Above that, the carrier may run a soft pull, which never affects your score. The premium stays 0.5% of the bond amount, $100 minimum, either way.
What does the bond actually guarantee?That you faithfully perform your client agreements and, within forty-five days after the close of each calendar month, report and pay each client the net proceeds of the prior month’s collections. A client you fail to account to may sue on the bond, up to the penal sum.
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.
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Collection agency bond, filed today.

0.5% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.

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