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The Wisconsin Pawn Broker’s Bond is required by the City of Milwaukee. The bond amount is required to be $500 in order to obtain a license to operate in the city. This is license is required for those in the business of lending money on personal property or goods which are pledged as security for the loan on the condition that if the loan is not repaid within the specified period of time the goods used as security may be sold to compensate for nonpayment. The bond states that the bond holder will duly comply with the laws of the State of Wisconsin affecting business and shall comply with all requirements of the ordinances of the City of Milwaukee.
- Payment of $375 for the license fee
- Provide proof of residency
- Business License application
- Business License Plan of Operation
- Pawnbroker license supplemental plan of operation
How do I obtain a Wisconsin Pawn Broker’s Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.
How to Get Your Wisconsin Pawn Broker’s Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- 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.
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.