South Carolina requires every licensed pawnbroker to maintain a $15,000 special deposit — a surety bond is the accepted form. Ours is $450 flat, which is 3% of the deposit amount, with no credit check. Deposit bonds like this are among the fastest things we issue.
















Deposit bonds are among the simplest things in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section.
Fixed deposit bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your South Carolina pawnbroker license application or renewal. Wet-ink original mailed on request.
$15,000 deposit × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.
South Carolina licenses pawnbrokers and requires each one to maintain a $15,000 special deposit as a financial backstop for the public it serves. A surety bond is the accepted form of that deposit — you post the bond rather than tie up $15,000 in cash with the state.
It is a three-party arrangement: you (the principal), the surety carrier, and the State of South Carolina (the obligee), with your pawn customers as the protected parties. If a pawnbroker mishandles pledged property or customer money in violation of the pawnbroker law, a harmed customer can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The deposit must stay in place for the life of your license, so we track it and send renewal notices 60 and 30 days out, keeping your $15,000 filing continuous.
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.
$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.