Produce Dealer Bond | Surety BondProduce Dealer Bond Application
Type of BondThis produce dealer bond guarantees the accountability of the goods and commodity supplied by the farmers and the producers. The producer dealer act is designed to give protection to the farmers and producers. This bond is designed to provide protection to farmers, producers, and licensed dealers who do not receive payments after selling their perishable products. The dealer who engages in the business of buying and selling of the goods and commodity should obtain a license subject to the rules and regulation of the produce dealer’s act. Before the producer procures any license, the applicant must have to enter into a surety bond and file the bond with the Department of Agriculture. This bond ensures the faithful performance of the produce dealer.
Program: Our agency currently has several specialty programs that can help you place your Produce Dealer Bond.
Produce Dealer 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 "Obligee" for details
Our application process for a Produce Dealer Bond is easy. You can apply for the Produce Dealer Bond Application .Find this bond for another state
Obligee InformationAn obligee is the entity that is requiring you to have the Produce Dealer.
|State||Surety Bond type||Bond Amount||Obligee||More info|
|California||Produce Dealer Bond||$10,000||State Of California Department Of Food & Agriculture Market Enforcement Branch||California Produce Dealer Bond|
|Florida||Produce Dealer Bond||$5,000||Department Of Agriculture And Consumer Services||Florida Produce Dealer Bond|
|License Permit||Produce Dealer Bond||License Permit Produce Dealer Bond|
|Washington||Produce Dealer Bond||$2,000||Washington State Department Of Agricultural Pesticide Management Division||Washington Produce Dealer Bond|