Nail Salon Bond

Wage Bond for Nail Salons

Posted by BFBOND on December 03, 2015
Nail Salon Bond, Surety Bonds, Wage Bond / Comments Off on Wage Bond for Nail Salons

Application Click Here

New requirement by NYS all nail salons with the equivalent of two or more employees must have this bond by October 6th unless pending litigation results otherwise. Requirements:

2-5 EE                   $25,000 bond     Credit check, proof of insurance, properly signed application*  Good credit $500.00(Merchants App) not so good credit $1,250.00 (use plat river app)

6-10 EE                $40,000 bond     Same as above* Good $800.00 Bad $2,000

11-25 EE              $75,000 bond     Same as above & separate business and personal financials of owners*

26+ EE                  $125,000 bond   Same as above & separate business and personal financials of owners*

We can quote without signatures and proof of insurance

** if owners own more than one salon and the aggregate bond amount needed is $50,001 or more then separate business and personal financials of owners are required.

Call Jose today 800-921-1008 for quick and EZ bond issuance

Tags: , , ,