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State of Wisconsin - Continuous Surety Bond for Vegetable Contractor

This bond is required for businesses in Wisconsin that buy vegetables from farmers for resale or processing. It protects farmers by guaranteeing they'll get paid for their vegetables. If the vegetable contractor fails to pay farmers as agreed, the farmers can make a claim against this bond to recover their money. The …

Bond amountVaries by license type or project
State or jurisdictionWisconsin
ObligeeState of Wisconsin, Department of Agriculture

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.

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Overview

What it is.

This bond is required for businesses in Wisconsin that buy vegetables from farmers for resale or processing. It protects farmers by guaranteeing they'll get paid for their vegetables. If the vegetable contractor fails to pay farmers as agreed, the farmers can make a claim against this bond to recover their money. The …

Who usually needs it

Vegetable contractors in Wisconsin who contract to purchase vegetables from producers or producer agents for resale, processing, or handling under Wis. Stat. ch. 126, Subchapter VI, and who file financial statements showing negative equity (disqualifying them from the Vegetable Producer Fund) must obtain this bond. The bond must be at least 75% of their lar…

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.

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