Any discount buying organization (which often includes health clubs or spas that receive prepayments for services) that provides members with the ability to purchase goods or services at discount prices. Required when: Violation of the contract for discount buying services or failure to provide the services as agreed.…
Overview
What it is.
Any discount buying organization (which often includes health clubs or spas that receive prepayments for services) that provides members with the ability to purchase goods or services at discount prices. Required when: Violation of the contract for discount buying services or failure to provide the services as agreed.…
Who usually needs it
Any discount buying organization (which often includes health clubs or spas that receive prepayments for services) that provides members with the ability to purchase goods or services at discount prices.
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.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateAZBond amount$30,000Term lengthContinuousObligeeArizona State TreasurerRenewalThe bond must be filed with the State Treasurer and maintained as long as contracts are sold.Bond classLicense BondCategoryGovernmentBondDiscount Buying Organization BondStatutory referenceA.R.S. § 44-1797.01JurisdictionState
