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El Paso lease performance bonds.
From $100.

The City of El Paso requires a lease performance bond from a tenant, concessionaire, or lessee on city-owned property — guaranteeing rent, restoration, and the other obligations in the lease. The City sets the amount; pricing is 2% of that amount, with a $100 minimum — the soft credit pull never affects your score.

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Required by the City of El Paso from a tenant or concessionaire on city-owned property
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Amount set in your lease or concession agreement — often a multiple of monthly rent
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One soft credit pull — never a hard inquiry, and it never affects your score
From $100based on bond amountSoft pull onlynever a hard inquiryFastissued the moment you pay
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps to filed.

Your City of El Paso lease waits on this bond. Here is the whole process:

TODAY · ONLINE

Apply online

Business details, the bond amount from your lease, and the effective date — plus a one-time consent to a soft credit check.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The soft pull never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the City

Pay online and receive the executed lease performance bond, ready to file with the City of El Paso real-estate / lease office. Wet-ink originals mailed when the City insists.

About this bond

What it is and who needs it.

What the lease performance bond covers

A lease performance bond is a guarantee of a tenant's obligations. When you lease city-owned property from the City of El Paso — a concession, a hangar, a ground lease, retail space — the City wants assurance you will pay rent, maintain the premises, and restore the property at lease end.

It's a three-party arrangement: you (the principal / tenant), the surety carrier, and the City of El Paso (the obligee / landlord). If you default on the lease — unpaid rent, damage beyond ordinary wear, failure to restore — the City can recover against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. Tenants who pay on time and maintain the premises treat the bond as a lease formality. Pricing is 2% of the bond amount, with a $100 minimum; because the amount can be large, this bond also runs a soft credit pull — never a hard inquiry — as a routine check.

City of El Paso — Lease / Concession AgreementThe City of El Paso requires a performance / security bond from tenants and concessionaires leasing city-owned property, as a condition of the lease or concession agreement. The bond amount and form are set by the City in the lease document; confirm the amount with the City of El Paso office administering your lease before filing.

You need this bond if you are

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A concessionaire operating on City of El Paso property
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A ground- or building-lease tenant of city-owned real estate
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An airport or hangar tenant whose lease requires a performance bond
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A vendor or operator the City conditions on a posted lease bond
After you buy

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 premium covers a one-year term from the effective date you choose.

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

E-sign & file with the City. Pay online and receive the executed lease performance bond, ready to file with the City of El Paso real-estate / lease office. Wet-ink originals mailed when the City insists.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, one soft pull.

These are the actual underwriting fields, including a one-time consent to a soft credit check. Submit once and the bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the El Paso lease performance bond?The premium is 2% of the bond amount in your lease, with a $100 minimum. Enter the figure from your lease or concession agreement and your exact price appears at the application.
Why does the City require it?So that if you default on the lease — unpaid rent, damage, or failure to restore the premises — the City can recover against the bond rather than chase the loss.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It is never a hard inquiry and never affects your score; your price is based on the bond amount, not credit tier.
Do I pay the full bond amount?No. You pay the premium — 2% of the bond amount, with a $100 minimum. The bond amount is the surety's maximum liability to the City, not a deposit.
Where do I file it?With the City of El Paso office administering your lease or concession. We issue the executed bond ready to submit.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

El Paso lease performance bond, issued today.

Pricing from $100, soft pull only. Enter the amount your lease requires.

Your premiumfrom $100
Apply now →