Any person or entity seeking to engage in the business of a pawnbroker in Oregon. Required when: Required as a condition of applying for and maintaining a pawnbroker license. Exemptions: Banks, trust companies, or savings and loan associations operating in compliance with other state or federal laws regulating the loa…
Overview
What it is.
Any person or entity seeking to engage in the business of a pawnbroker in Oregon. Required when: Required as a condition of applying for and maintaining a pawnbroker license. Exemptions: Banks, trust companies, or savings and loan associations operating in compliance with other state or federal laws regulating the loa…
Who usually needs it
Any person or entity seeking to engage in the business of a pawnbroker in Oregon.
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.
StateORBond amount$25,000Term lengthContinuousObligeeOregon Department of Consumer and Business Services, Division of Financial RegulationRenewalThe bond must be maintained as long as the pawnbroker license is active. Licenses expire annually on December 31 and must be renewed with the Division of Financial Regulation.Bond classLicense BondCategoryFinancial ServicesBondPawnbroker Surety BondStatutory referenceORS 726.070JurisdictionState
