SC PEO bonds.
$1,500 flat. Soft pull.
South Carolina licenses professional employer organizations under S.C. Code Title 40, Chapter 68, and requires a PEO to maintain at least $50,000 net worth. A PEO that can’t show that directly may post a $50,000 surety bond instead. Ours is $1,500 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.
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Three steps to filed.
Your PEO license is waiting on financial responsibility. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, a few commercial questions, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
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.
E-sign & file
Pay online and receive the executed bond, ready to file in place of the net-worth proof on your PEO license application. Wet-ink originals mailed whenever the state insists.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually does
South Carolina regulates professional employer organizations under S.C. Code Title 40, Chapter 68. The statute requires a PEO to demonstrate a minimum net worth of $50,000 as a condition of licensure — proof that the organization can stand behind the wages, benefits, and payroll taxes it handles for client companies.
A PEO that cannot show that net worth directly may instead post a $50,000 surety bond as a substitute form of financial responsibility. The bond stands in for the net-worth cushion, giving the state and the PEO’s clients a financial backstop.
It is not insurance for you — if the surety pays a claim, you repay the surety. We issue the $50,000 bond at a flat 3% with a soft credit pull that informs approval, never price. Confirm on your application whether the bond route or a net-worth statement applies to you.
You need this bond if you're
Five minutes. The whole thing.
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $50,000? +
Why would a PEO post this bond? +
Is there a credit check? +
What does the bond guarantee? +
When does it renew? +
Other New York bonds.
Post your PEO financial responsibility today.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.