Wisconsin — Sales Finance Company Bond
Arrange electronic surety security for a Wisconsin sales finance company license. Coordinate the bond with the company's NMLS filing and the Department of Financial Institutions' compliance requirements.
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- Recorded state
- Wisconsin
- Bond type
- Consumer Finance / Lender Bond
- Category
- Financial services
What this bond does
This bond supports the sales finance company's licensing obligation. It belongs to that license category, distinct from a separate Wisconsin loan company bond.
- Who needs it
- Sales finance companies acquiring installment-sale contracts or consumer leases originated by Wisconsin motor-vehicle or recreational-vehicle dealers, and arranging the electronic surety security for that license.
- Who it protects
- Section 218.0114(5)(b) requires approved security of at least $25,000, payable to Wisconsin for the State and persons sustaining loss from company acts that are grounds for license suspension or revocation under the specified sales-finance statutes. This is not protection against every customer default.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Wisconsin DFI: sales finance company compliance checklist (opens in a new tab)Checked October 27, 2026
- Wisconsin DFI: Sales Finance Companies and Vehicle Dealers (opens in a new tab)Checked October 27, 2026
- Wisconsin Statutes: Section 218.0114(5)(b) (opens in a new tab)Checked October 27, 2026
Have these ready
- Company legal name and NMLS identifier.
- Wisconsin sales finance license details.
- Required electronic bond amount and filing instructions.
- License-renewal and premium-maintenance calendar.
Questions about this bond
Is this a Wisconsin loan company bond?
No. This product identifies the sales finance company license. Use the bond for the correct regulated activity.
Does DFI identify an electronic bond?
Yes. Its sales finance compliance checklist names the electronic surety bond and annual premium maintenance.
Does bond purchase replace NMLS renewal?
No. Complete license renewal and required company filings separately.
How long must sale records be kept?
DFI's checklist states at least two years after consummation or one year after the last payment, whichever is later.