Oregon licenses pawnbrokers under ORS chapter 726, and ORS 726.070 makes a $25,000 bond — executed by the applicant as obligor, running to the State of Oregon — part of the application itself. Ours is $250 flat, the price you see is the checkout price, and the bond issues the moment you pay. The form carries a credit consent section; Propeller runs it as a soft inquiry only — it never affects your score.
















Pawnbroker licence bonds are among the simplest filings in surety. Here is the entire process:
Business details, owner details, an effective date, and a term. That is the entire application — the credit consent on the form authorizes a soft inquiry that never affects your score.
This bond is checkout-priced at $250 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
Your executed bond arrives by email, ready to file with your pawnbroker licence application at the Department of Consumer and Business Services. Wet-ink original mailed on request.
Oregon licenses pawnbrokers through the Department of Consumer and Business Services under ORS chapter 726. ORS 726.070 — "Applicant to furnish bond or letter of credit" — requires a $25,000 bond executed by the applicant as obligor, together with a surety company authorized to do business in Oregon, to accompany the application and be maintained with the director.
The bond runs to the State of Oregon and for the use of the state and of any person who may have a cause of action against the obligor. It conditions you to faithfully conform to and abide by the pawnbroker chapter and to pay the state and any such person all money that becomes due or owing — the customer-protection backstop behind pledge tickets, redemption periods, and permitted charges.
An irrevocable letter of credit in the same $25,000 amount, issued by an insured institution as defined in ORS 706.008, can be filed instead. It is not insurance for you — if the surety pays a claim, you repay the surety, and the bond has to be maintained for as long as the licence is active. We track the term and send renewal notices 60 and 30 days out.
These are the actual issuing fields — business details, owner details, an effective date, and a term. That is the entire application.
Start the application →$250 flat, issued the moment you pay, soft pull only. Free until issued.