Nebraska installment sales company bonds.
From $100.
A company that buys or holds retail installment contracts in Nebraska licenses under the Nebraska Installment Loan and Sales Act, and Neb. Rev. Stat. § 45-338 conditions that license on a $50,000 surety bond, plus another $50,000 for each licensed branch location. Pricing is 0.75% of the bond amount, $100 minimum.
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How much does a Nebraska installment sales company bond cost?
0.75% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No quote round-trip on this bond — enter your amount, pay, and file through NMLS. Here is the whole thing:
Apply online
Your company details, the bond amount your license requires, and the effective date — that is the application. No financial statements.
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.
File with the Department
Upload the executed bond to your NMLS record for the Nebraska Department of Banking and Finance. Wet-ink original mailed on request.
What it is and who needs it.
What the sales finance bond covers
Nebraska folds retail installment sales financing into the Nebraska Installment Loan and Sales Act, Neb. Rev. Stat. §§ 45-334 to 45-380, administered by the Department of Banking and Finance. A company that acquires, holds, or services retail installment contracts — car paper, consumer goods contracts, and the like — licenses under the Act and files a surety bond of $50,000, plus an additional $50,000 for each licensed branch location.
The bond is for the use of the State of Nebraska and any Nebraska resident who may have claims or causes of action against the licensee. It backs the Act’s conduct rules for installment paper — the time-price differential limits, permitted charges, disclosure, and refund-on-prepayment requirements that protect the buyer on the other end of the contract. The surety may cancel only on thirty days’ prior written notice to the Director.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay continuously on file for the life of the license, so we track the term and send renewal notices 60 and 30 days out.
You need this bond if you are
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 Department. Upload the executed bond to your NMLS record for the Nebraska Department of Banking and Finance. Wet-ink original mailed on request.
What sets the price
The premium is 0.75% 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. 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 license requires — the executed bond is generated the moment you pay, ready to upload to NMLS.
Start the application →Common questions.
Other Nebraska bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Sales finance bond, filed today.
0.75% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.