A $5,000 performance bond that backs the obligations in a licensing agreement. At 3% of $5,000 the premium lands at our $275 minimum. This is a contractual bond — confirm the obligee named in your agreement — and it runs one soft credit pull.
















Small performance bonds are simple. Here's the entire process — no broker phone tag:
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to deliver to the counterparty your licensing agreement names. Wet-ink originals mailed whenever they insist.
$5,000 bond × 3% = $150, which is below our $275 minimum — so the premium is $275, one-time per term.
This is a $5,000 performance bond that backs the obligations in a licensing agreement — a contract under which one party grants the other a license to use a name, product, system, or territory. The bond guarantees that the licensee performs the agreement's terms.
If the licensee fails to perform and the protected party (the obligee named in the agreement) is harmed, that party can recover against the bond — and if the surety pays, the licensee repays the surety. It is not insurance for the licensee; it is a guarantee that backs the agreement.
This is a contractual bond, not a North Carolina statutory license bond — the obligation comes from your agreement, not a single statute. Because the obligee and exact terms come from your contract, confirm them on your bond request before you file, and we'll issue to match.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.