Consumer Litigation Funding Company Surety Bond

This bond is required for companies in Nevada that provide funding to consumers involved in lawsuits. These companies give people money while waiting for their legal cases to settle. The state requires this bond to protect consumers from potential misconduct or violations of lending laws. If the funding company breaks…

Bond amountVaries by license type or project
State or jurisdictionNevada
ObligeeFinancial Institutions Div of the State of Nevada

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Overview

What it is.

This bond is required for companies in Nevada that provide funding to consumers involved in lawsuits. These companies give people money while waiting for their legal cases to settle. The state requires this bond to protect consumers from potential misconduct or violations of lending laws. If the funding company breaks…

Who usually needs it

Consumer litigation funding companies operating in Nevada need this bond. These are businesses that provide funding to individuals involved in litigation cases and must obtain the bond as part of their licensure process through the Nationwide Multistate Licensing System (NMLS) to establish financial responsibility and comply with Nevada's regulations under …

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.