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License Bond

City of Sherman, Texas - Itinerant Vendors Bond

This bond is required for traveling or temporary vendors who want to sell goods or services in Sherman, Texas without a permanent location. The city requires this $1,000 bond to protect residents and ensure vendors follow local rules and regulations. If a vendor breaks the rules, doesn't deliver what they promised, or…

Overview

What it is.

This bond is required for traveling or temporary vendors who want to sell goods or services in Sherman, Texas without a permanent location. The city requires this $1,000 bond to protect residents and ensure vendors follow local rules and regulations. If a vendor breaks the rules, doesn't deliver what they promised, or…

Who usually needs it

Itinerant vendors (also called itinerant merchants, peddlers, or solicitors) who are individuals or businesses selling goods or services on a temporary basis within Sherman city limits, such as at fairs, festivals, markets, or other non-fixed locations, need this $1,000 bond to obtain a permit/license from the City of Sherman, Texas. The bond ensures vendor…

Pricing & timing

What to expect.

Generic pricing

License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateTX
Bond amount$1,000
ObligeeCity of Sherman, Texas
Bond classLicense Bond
CategoryOther
BondCity of Sherman, Texas - Itinerant Vendors Bond
Plain descriptionThis bond is required for traveling or temporary vendors who want to sell goods or services in Sherman, Texas without a permanent location. The city requires this $1,000 bond to protect residents and ensure vendors foll…
Who needs this bondItinerant vendors (also called itinerant merchants, peddlers, or solicitors) who are individuals or businesses selling goods or services on a temporary basis within Sherman city limits, such as at fairs, festivals, mark…
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Next step

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