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