1 (800) 308-4358

Michigan
City of Southfield Business License Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $1,000
Term Length: 1 year
Cost: $100
Instant Online Purchase & Delivery
Save 25% Per Year By Extending Your Bond Term
Multi Year Discount

Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and skip the annual renewal process.

Email Delivery

Purchase your bond today and we'll email your bond directly to you. No shipping required.

Secure Checkout

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

Trustpilot

City of Southfield Business License Bond Guide

If you’re applying to open a business in Southfield, Michigan you may need this surety bond. 

Bond Overview

  • Purpose: To ensure business owners uphold local regulations
  • Who Needs It: Select business owners in Southfield, MI
  • Regulating Body: The City of Southfield City Clerk
  • Required Coverage: $1,000
  • Premium Rate: $100 for a 1-year term

Learn all about the bond requirements and process in this guide. 

What Is a City of Southfield Business License Bond?

A City of Southfield business license bond is a type of surety bond that holds business owners liable for operating honestly and legally. 

The Southfield City Clerk requires this bond as part of the license approval process for certain business owners.

How Much Do Business License Bonds Cost?

A $1,000 City of Southfield business license bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term. 

Click below to buy your bond in minutes!

Bond Type
$1,000City of Southfield Business License Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your City of Southfield business license bond instantly online. Just enter your information and checkout in minutes. 

We’ll email you the bond shortly after purchase. Be sure to file the bond with the City Clerk as instructed. 

If you need a bond amount not listed here, please call 1 (800) 308-4358 for assistance. 

How Does a City of Southfield Business License Bond Work? 

As with all surety bonds, a business license bond creates a legal contract between three parties: 

  1. Principal: You, the business owner filing the bond
  2. Obligee: The Southfield City Clerk requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for operating honestly and upholding all applicable regulations. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must reimburse the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your business license bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

After renewing, you’ll receive a continuation certificate to file with the as proof of ongoing coverage. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

or