Also known as car dealer bond, used car dealer bond, franchise dealer bond
If you are a franchise dealer in the state of New York, you need an Auto Dealer Surety Bond. The bond amount for car dealers varies by state. Financing is available for new and used car dealers with less-than-perfect credit. In some cases, we can waive spousal indemnity and collateral requirements. Give us a call at 800-486-8211 if you have any questions.
In the bond business since 1977, The Surety Group is now the nations' premiere surety provider, underwriting bonds throughout the US. We have a team of experienced surety agents and longstanding relationships with over 30 sureties, enabling us to offer the best rates along with quick approvals.
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PROGRAMS
24 Months
Rates Based on 1 NPI |
FEES & REQUIREMENTS |
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Premium
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- Minimum Equifax credit score 725
- In business for over 5 years
- High net worth. Own home
- No liens or bankruptcies
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| Preferred
$463
Apply Now |
- Up to 3 NPI numbers
- Minimum Equifax credit score 675
- In business for over 5 years
- Strong net worth. Own home
- No liens or bankruptcies
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- Up to 3 NPI numbers
- Minimum Equifax credit score 625
- Personal financial statement
- Acceptable credit history and net worth
- Own a home
- No liens or bankruptcies
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Traditional
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- Equifax credit score of 625 or less
- In business less than 2 years
- Home ownership
- Liens acceptable
- Past bankruptcies acceptable
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Introductory
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- Tailored programs for new DMEs
- Pending NPIs
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Multi-location Discount
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- Up to 1,000 NPI numbers
- Tailored programs
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