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License Bond

Professional Solicitor

A Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by ensuring solicitors follow the law and handle donated funds properly. If a solicitor acts dishonestl…

Overview

What it is.

A Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by ensuring solicitors follow the law and handle donated funds properly. If a solicitor acts dishonestl…

Who usually needs it

Professional solicitors and fundraisers who raise funds for charitable organizations and have custody or control of charitable contributions must obtain this bond. This includes fundraising consultants, counselors, grant writers, and associates who solicit donations on behalf of charities as a professional service. The bond is required to protect charitable…

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.

StateLA
Bond amount$25,000
ObligeeState of Louisiana
Bond classLicense Bond
CategoryOther
BondProfessional Solicitor
Plain descriptionA Professional Solicitor bond is required for individuals or businesses in Louisiana who are hired by charities to raise donations on their behalf. This $25,000 bond protects the State of Louisiana and the charities by …
Who needs this bondProfessional solicitors and fundraisers who raise funds for charitable organizations and have custody or control of charitable contributions must obtain this bond. This includes fundraising consultants, counselors, gran…
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Next step

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