The New York City Department of Consumer Affair and Workplace Protection requires a bond for a new or renewal application to be a licensed pawnbroker in NYC.
As defined in New York State General Business Law (GBL) §52, a “collateral loan broker” (also known as a “pawnbroker”) is a person, partnership, or corporation that loans money on deposit or pledge of personal property or buys personal property and sells it back at a set price.
This description is only a general explanation of which businesses need to have a Pawnbroker license.
We offer a bond for that satisfies the above requirement. Don’t overpay for your bond.
Please provide your exact corporate name and address.
Call 718-651-4436 for more information.
Bonds are provided by RLI Surety, home office: Preoria, IL and are issued promptly.
Over 30 years in business.
Our online bond application is at: https://consumerscoverage.com/Pawn-Broker-License-Bond.htm
Consumers Coverage Corp.
75-12 Roosevelt ave
Jackson Heights, NY 11372
718-651-4436