South Carolina ag products dealer bonds.
From $100.
Before the South Carolina Department of Agriculture issues an agricultural products dealer license, S.C. Code 46-41-60 requires a surety bond that protects producers — it guarantees you faithfully account for and pay over the proceeds of the products you handle. Enter the amount the Commissioner set; pricing is 1% of the bond amount, with a $100 minimum.
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How much does a South Carolina ag products dealer bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No credit check up to $25,000. Here is the whole thing:
Apply online
No credit check up to $25,000.
Approved
Most are approved as soon as you apply. No credit check up to $25,000. If it needs a second look, one to two business days at most.
File with the Department of Agriculture
Pay online and receive the executed bond ready to file with your dealer/handler license application. Wet-ink originals mailed whenever the Department insists.
What it is and who needs it.
What the dealer bond actually covers
South Carolina licenses dealers and handlers of agricultural products through the SC Department of Agriculture under Title 46, Chapter 41. A dealer buys, receives, or handles agricultural products from producers — and before a license issues, S.C. Code 46-41-60 requires the dealer to deliver a surety bond (or equivalent security) to the Commissioner.
The bond is conditioned to secure the faithful accounting for and payment of the proceeds of all agricultural products the dealer handles or sells on behalf of producers. In plain terms, it protects the farmers who consign or sell to you against not being paid what they are owed.
The statute sets the amount at $25,000, or an amount equal to the maximum monthly business done (or estimated) by the dealer, whichever is less. The Commissioner names the figure on your application. We price that amount at the rate, from $100; above $25,000, any check is a soft pull that never affects your score.
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 term is set on the carrier’s application; the premium covers the period shown there.
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 of Agriculture. Pay online and receive the executed bond ready to file with your dealer/handler license application. Wet-ink originals mailed whenever the Department insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. 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, no credit check up to $25,000.
No credit check up to $25,000. Issued when you pay.
Start the application →Common questions.
Other South Carolina bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Ag dealer bond, issued today.
Pricing from $100. Enter the Commissioner-set amount and file.