The NYC Department of Consumer and Worker Protection (DCWP) conditions a secondhand dealer general license on a $1,000 compliance bond naming the City of New York. Ours is $275 flat, our minimum. The application is five minutes, with no credit check.
















DCWP compliance bonds are simple. Here's the entire process:
Business details and an effective date — matching the name and address on your DCWP application. That's it.
Compliance bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond naming the City of New York arrives by email, ready to file with your secondhand dealer license application. Wet-ink original mailed on request.
$1,000 bond × 3% = $30, but our floor is $275 — so $275 per term. Fixed amount, fixed price, multi-year if you want it.
Anyone buying or selling used goods (other than automobiles) in New York City needs a Secondhand Dealer General License from the Department of Consumer and Worker Protection (DCWP), and DCWP conditions the license on a $1,000 compliance bond. The bond is a consumer-protection guarantee: it stands behind the dealer following NYC consumer-protection law.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of New York (the obligee), with the public as the protected parties. If a dealer commits fraud or breaches a consumer contract, the harmed party can recover against the bond. The bond must name the City of New York, and the business name and address must match your license application.
It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who follow DCWP rules treat the bond as a license formality, not a risk.
These are the actual issuing fields — no credit check section, because this bond doesn't have one. The bond names the City of New York automatically.
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.