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WA collection agency bonds.
$100 flat.

Washington requires a licensed collection agency to keep a $5,000 surety bond on file running to the State under RCW 19.16.190 — it is a condition of holding the license the Department of Licensing issues. Ours is $100 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.

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Required to hold a Washington collection agency license under RCW 19.16.190
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Fixed price, fixed amount — $5,000 bond, $100 flat, no quote process
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Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantissuance at checkout$100 flatsame price at checkout
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NYCEDC
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Collection agency license bonds are among the simplest filings in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details, an effective date, and a term. That is the entire application — no financial statements, and any credit screen is a soft pull that never shows as a hard inquiry.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at $100 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.

SAME DAY

File with the Department of Licensing

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

About this bond

What it is and who needs it.

What the bond actually guarantees

Washington licenses collection agencies under the Collection Agency Act, chapter 19.16 RCW, administered by the Department of Licensing. RCW 19.16.190 conditions the license on a $5,000 bond that runs to the state of Washington as obligee, for the benefit of the state and of the licensee's clients and customers.

It is a three-party arrangement: you (the principal), the surety carrier, and the State of Washington (the obligee). The bond is conditioned on the licensee faithfully performing the agreements it enters into with its clients — including the statutory duty to account for and remit collected money to the client after each calendar month, less allowable offsets.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay continuously on file for the life of the license, so we track the term and send renewal notices 60 and 30 days out.

RCW 19.16.190RCW 19.16.190 requires a collection agency licensee to keep on file with the Department of Licensing a surety bond in the sum of $5,000. The bond runs to the state of Washington as obligee, for the benefit of the state and of the licensee's clients or customers, conditioned that the licensee will faithfully and truly perform all agreements entered into with those clients or customers — including accounting for and paying over collected funds within 30 days after the close of each calendar month, less any allowable offsets.

You need this bond if you're

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Applying for a Washington collection agency license — new applicants filing with the Department of Licensing
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Renewing your license — the $5,000 bond must stay continuously on file
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Collecting claims for Washington clients as a third-party agency or out-of-state agency licensed here
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Reinstating a license that lapsed when the prior bond was cancelled

One application, issued instantly.

These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.

Start the application →
FAQ

Common questions.

How much is the Washington collection agency bond?The premium is $100 flat — set by our carrier's rate book for this bond, the same for every collection agency. The $5,000 bond amount is set by RCW 19.16.190, so there is no quote process, and the price you see is the checkout price.
Do I pay the $5,000?No. You pay $100. The $5,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond?This bond is checkout-priced, so it issues the moment you pay — your e-signed bond and power of attorney arrive by email, ready to file with the Department of Licensing.
Is there a credit check?If a credit screen runs on this bond, it is a soft pull only — never a hard inquiry, and it never affects your score. The price stays $100 flat either way.
Who requires the bond, and where do I file it?The State of Washington is the obligee, and the bond is filed with the Department of Licensing, which administers collection agency licensing under chapter 19.16 RCW. It is filed with your license application and must stay on file while the license is active.
Related bonds

Other Washington bonds.

WA Consumer Loan Company (NMLS)
The RCW 31.04.045 bond a Washington consumer loan licensee files through NMLS, $30,000 and up by volume. 0.6% of the bond amount — $180 at the $30,000 statutory minimum.
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WA Escrow Agent ($10,000)
The $10,000 bond a Washington escrow agent maintains under RCW 18.44.201 to keep its DFI license. $100 flat.
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WA Seller of Travel
The Washington seller-of-travel bond, $10,000–$50,000 by revenue, filed with the Department of Licensing. From $100.
View bond →

Finish your collection agency license today.

$100 flat, issued the moment you pay, soft pull only. Free until issued.

Start application
Your price$100
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