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Michigan Deferred Payment Bond | Surety Bond

Deferred Payment Bond Application

Type of Bond

Michigan Deferred Payment Bond is required by The People Of The State Of Michigan to comply with the State licensing requirements.  Each state has drafted their own Deferred Payment Bond Form, so you will need a different Deferred Payment bond for each state you will be transacting business in.

This may be a problem for other agencies, but not ours. Our Agency is licensed in all 50 States and can handle all Surety Bonds.


Program: Our agency currently has several specialty programs that can help you place your $50,000 Michigan Deferred Payment Bond.

Michigan Deferred Payment bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3%  for most surety bonds. If your credit has taken a beating the rates start at 4% to 25% . 

Always check with the People Of The State Of Michigan "Obligee" for details

Deferred Payment Bond Application


Our application process for a $50,000 Deferred Payment bond is easy. You can either apply online or fill out a pdf application at your leisure.

The Michigan Deferred Payment Bond amount is currently set at  $50,000.

Obligee Information

An obligee is the entity that is requiring you to have the Deferred Payment bond.

Obligee address:

Obligee: People Of The State Of Michigan




Here are a few state specific bonds

State Surety Bond Bond Amount Obligee Bond Form More info
Michigan  Deferred Payment Bond $50,000  People Of The State Of Michigan  Michigan Deferred Payment Bond

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