Any for-profit fitness center or weight reduction center that collects or requires a buyer to pay more than $100 for services before the buyer receives or has the opportunity to receive those services. Required when: Collecting or requiring payment of more than $100 for services before the services are provided or mad…
Overview
What it is.
Any for-profit fitness center or weight reduction center that collects or requires a buyer to pay more than $100 for services before the buyer receives or has the opportunity to receive those services. Required when: Collecting or requiring payment of more than $100 for services before the services are provided or mad…
Who usually needs it
Any for-profit fitness center or weight reduction center that collects or requires a buyer to pay more than $100 for services before the buyer receives or has the opportunity to receive those services.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateWIBond amount$25,000Term lengthContinuousObligeeWisconsin Department of Agriculture, Trade and Consumer ProtectionRenewalThe bond remains in effect continuously but must be maintained as long as the center collects prepayments. Surety companies typically require annual premium payments to keep the bond active.Bond classMiscellaneous CommercialCategoryAgricultureBondFitness Center BondStatutory referenceWis. Stat. § 100.177JurisdictionState
