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Wisconsin
Sales Finance Company Bond

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Coverage Amount: $25,000
Term Length: 1 year
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Wisconsin Sales Finance Company Bond Guide

If you’re applying for a sales finance company license in Wisconsin, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To protect sales finance company clients from financial harm
  • Who Needs It:  Companies providing financing for consumer motor vehicle sales
  • Regulating Body: The Wisconsin Department of Financial Institutions
  • Required Coverage: $25,000
  • Premium Rate: $250–$2,500, credit-based 

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

What Is a Wisconsin Sales Finance Company Bond?

A Wisconsin sales finance company bond protects clients from fraud, theft and other financial harm.

The Department of Financial Institutions requires this bond as part of the licensing process for motor vehicle sales finance companies in the state. 

How Much Do Sales Finance Company Bonds Cost in Wisconsin?

Wisconsin sales finance company bonds cost a small percentage of the $25,000 bond amount, typically $250–$2,500.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$25,000Sales Finance Company Bond

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

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Wisconsin sales finance company bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll upload the bond directly to NMLS on your behalf. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Wisconsin Sales Finance Company Bond Work? 

As with all surety bonds, a sales finance company bond creates a legal contract between three parties: 

  1. Principal: You, the company owner(s) filing the bond
  2. Obligee: The Wisconsin Department of Financial Institutions requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding Wisconsin Statutes § 218.0101 to 218.0163.

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your sales finance company bond, simply pay your renewal invoice when prompted. 

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

More Resources

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