Calabasas California Mobile Car Washing License Bond
Get your license and get your business rolling through this surety bond!
What is a Calabasas California Mobile Car Washing License Bond?
It is a surety bond that every mobile car washing license applicant must obtain. This bond will serve as a protection tool to the customers of the mobile car washing business as well as to the City of Calabasas.
This bond will guarantee that the licensed business will provide services that are in accordance with ordinances and state regulations that governs mobile car washing.
The bond will also guarantee that the mobile car washing business will comply with industry standards and practices.
How does a Calabasas California Mobile Car Washing License Bond work?
A Calabasas California Mobile Car Washing License Bond will be a contract between the following parties:
- Principal – The mobile car washing business. The principal will be the one to obtain the bond. The principal will also be the party who is required to fulfill the conditions set forth in the bond.
- Obligee – The City of Calabasas. The obligee is the party who is requiring the bond and to whom the principal will be liable in case the obligations are not fulfilled.
- Surety – The party that will provide a financial back up to the principal. The surety will guarantee the fulfillment of obligations by the principal to the obligee.
The obligee can recover the losses through a bond claim if the principal fails to perform a service or performs a service that is against the bond’s conditions.
How much does a Calabasas California Mobile Car Washing License Bond cost?
The bond cost will be a percentage of the bond amount, which is $10,000.
The bond cost that the principal/license applicant must pay will depend on his or her credit score.
License applicants who have excellent credit scores will only pay 1% of the bond amount, or $100.
Check out what you need to pay by getting your FREE SURETY BOND QUOTE HERE!
How can I get a Calabasas California Mobile Car Washing License Bond?
Here’s a step-by-step bonding process that we have made easier so that you can get your bond in no time:
BOND APPLICATION
You must first apply for this type of surety bond. If you are ready to do this now, you may APPLY HERE!
Our expert surety bond agent will guide you through the entire process – from the time you have applied until the bond is issued to you.
ASSESSMENT
Next, you will be asked to submit a few important information that our underwriter will need to assess the following:
- Your job or business history
- Your credit score
- Your financial strength
To avoid any delays, make sure that you have gathered the right information needed prior to submitting.
BOND ISSUANCE
Once the underwriting process is done, we will immediately issue your bond and send it to you right away!
Ready to apply? START HERE!
