SC pawnbroker deposit bonds.
$450. Five minutes.

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.

Required for a South Carolina pawnbroker license — new applicants and renewals
Fixed $15,000 amount, fixed $450 price — no quote process
Multi-year terms available — set it once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Deposit bonds are among the simplest things in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

Fixed deposit bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your pawnbroker license

Your executed bond arrives by email, ready to file with your South Carolina pawnbroker license application or renewal. Wet-ink original mailed on request.

The whole pricing page.

$15,000 deposit × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$450
2-year term
$900
3-year term
$1,350
About this bond

What it is and who needs it.

What the special deposit bond guarantees

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.

SC pawnbroker special deposit requirementSouth Carolina conditions a pawnbroker license on a $15,000 special deposit, which may be satisfied with a surety bond, filed with the State's licensing authority for pawnbrokers (the Board of Financial Institutions / Consumer Finance Division). The $15,000 amount is named on the bond. Confirm the current filing requirement with the licensing authority — we issue the amount the State names.

You need this bond if you're

Applying for a SC pawnbroker license — the deposit bond is filed with your application
Renewing your pawnbroker license and your bond is expiring or your surety non-renewed
Opening an additional pawnshop location that requires its own deposit
Replacing a cash special deposit with a surety bond to free up the capital

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the SC pawnbroker deposit bond? +
The premium is $450 — a flat 3% of the fixed $15,000 deposit amount, the same for every pawnbroker. The $15,000 is set by statute, so there is no quote process.
Do I pay the $15,000? +
No. You pay $450. The $15,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit you fund, and nobody holds your money.
How fast will I have the bond? +
Deposit bonds like this are among the thousands of bond types that issue right after purchase — many pawnbrokers finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Fixed-amount deposit bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Pawnbroker deposit, one document away.

$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$450
Apply now →