Click here to apply for your surety bond. 

The Wisconsin Collection Agency Surety Bond is a type of surety bond required to obtain a collection agency license in the state of Wisconsin. The license and surety bond are a requirement of the Department of FinancialWisconsin Collection Agency Surety Bond
Institutions – Division of Banking. The state defines a collection agency as “any person engaging in the business of collecting or receiving for payment for others of any account, bill or other indebtedness.” Person includes entities. A collection agency license is required to collect from any Wisconsin resident, even if the collection activities are only done by phone or mail from an out of state location.

Surety Bond:

  • Required by: State of Wisconsin Department of Financial Institutions
  • Minimum Bond Amount: $25,000 required if records are maintained in the state.
  • Maximum Bond Amount: $35,000 required if records are maintained outside of Wisconsin
  • The bond is continuous meaning a new bond is in force unless cancelled by the surety.

This bond guarantees that the principle will abide by all Wisconsin state laws. The applicant should verify the bond amount with the obligee before applying for the bond to ensure the bond amount is correct. Since this bond is continuous, it is in full force and effect until cancelled. If the bond is cancelled, the obligee must be notified of the cancellation at least 30 days before the cancellation date.

Click here to apply for your bond. 

Wisconsin Collection Agency License Requirements

Surety1 is not directly involved with the licensing process, but we’ve compiled this information which may helpful for you. State licensing requirements:

How to Obtain a Wisconsin Collection Agency Bond

At we make it easy to obtain this surety bond. Our simple, three step process is:

  1. Complete the easy to navigate and secure online application1
  2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
  3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Wisconsin Collection Agency Bond will be shipped to the bond principal (licensee) for signature. The licensee should provide the surety bond with the license application (if new applicant) or submit to the division if existing licensee.
1-The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license. is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, is the premier online provider of surety bonds nationwide since 2003.

For a list of states that require collection agency bonds, visit our collection agency guide page.

How to Get Your Wisconsin Collection Agency Bond

  1. Complete an online application. It’s free and no-obligation.
  2. One of our surety experts will contact you with a firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, and then you will receive your Surety Bond!

If you have any questions, please call us at 877-654-2327.

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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