Midvale pawn / secondhand bonds.
$275. Five minutes.

The City of Midvale requires every pawn shop and secondhand dealer to post a $1,000 bond before it issues or renews the license. Ours is $275 flat — the minimum premium — with no credit check.

Required by the City of Midvale for a pawn shop or secondhand dealer license
Fixed $1,000 bond — $275 flat, the minimum premium
Multi-year terms available — file once, keep your license clean
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.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. No financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this issue right after purchase for most applicants. At most, 1–2 business days.

SAME DAY

File with your license

Your executed bond and power of attorney arrive by email, ready to file with your Midvale business license application or renewal. Wet-ink original mailed on request.

The whole pricing page.

$1,000 bond × 3% = $30, but the $275 minimum applies, so it is $275 per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$275
2-year term
$550
3-year term
$825
About this bond

What it is and who needs it.

What the bond actually guarantees

A pawn / secondhand dealer bond is a compliance and consumer-protection guarantee. Pawn shops and secondhand dealers handle goods that may be stolen, so Midvale wants a financial backstop that you'll follow the rules — reporting transactions, documenting goods, holding periods, and refusing stolen property.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Midvale (the obligee), with the public protected. If you violate the city's pawn and secondhand ordinance, a harmed party or the city can recover against the bond.

No bond, no license. Midvale won't issue or renew the license without it, so we issue the executed $1,000 bond ready to file and track renewals so your license stays current.

Midvale Municipal Code Ch. 5.20 (Pawn Shops, Secondhand Dealers)Midvale Municipal Code Chapter 5.20 regulates pawn shops and secondhand dealers and conditions the license on a $1,000 surety bond filed with the City of Midvale. The bond ensures compliance with the city ordinance; confirm current requirements with the City of Midvale Business Licensing.

You need this bond if you're

Opening a pawn shop in Midvale — the bond is filed with your license application
Operating as a secondhand dealer buying and reselling used goods in the city
Renewing a Midvale pawn / secondhand license whose bond is expiring
Adding a Midvale location to an existing pawn or resale business

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 Midvale pawn / secondhand dealer bond? +
The premium is $275 — our minimum. The bond amount is fixed at $1,000 by the city; 3% of that is $30, below our $275 minimum, so it issues at $275 flat.
Do I pay the $1,000? +
No. You pay $275. The $1,000 is the surety's maximum liability if a valid claim is made, not a deposit.
How fast will I have the bond? +
License bonds like this issue right after purchase for most applicants — many finish 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. Small fixed-amount license 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.
Related bonds

Other New York bonds.

Finish your Midvale license checklist today.

$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$275
Apply now →