The Incorporated Village of Freeport requires a second hand dealer to file a $5,000 bond as a condition of the license. Three percent of $5,000 is $150, so this bond prices at our $275 minimum. Five-minute application, no credit check.
















Second hand dealer bonds are about the simplest thing in surety. Here's the whole process:
Business details and an effective date. That's the application — no financials, no credit check section.
Small license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your Village of Freeport second hand dealer license application. Wet-ink original mailed on request.
$5,000 bond × 3% = $150, which lands at our $275 minimum. Fixed amount, fixed price, multi-year if you want it.
A second hand dealer bond is a consumer-and-public-protection guarantee for the Incorporated Village of Freeport. Dealers who buy and resell used goods — jewelry, electronics, precious metals — handle property that may be lost or stolen, so the Village conditions the license on a bond standing behind your honest dealing and recordkeeping.
It's a three-party arrangement: you (the principal), the surety carrier, and the Village of Freeport (the obligee), with the public as the protected parties. If a dealer violates the second hand dealer ordinance or defrauds a customer, the harmed party can recover against the bond.
It is not insurance for you. If the surety pays a claim, you repay the surety. Dealers who keep good records and deal honestly treat the bond as a license formality.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.