Michigan Transient Merchant Bonds
400,000+ Bonds issued to 250,000+ satisfied customers.
Purchase your bond today and we'll email your bond directly to you. No shipping required.
We shop the top surety markets to find you the best rate.
Backed by SSL, our online bonding process is secure. We are committed to your privacy.
What Is a Michigan Transient Merchant Bond?
Michigan transient merchant bonds protect consumers and the state from unlawful business practices and financial harm caused by solicitors, vendors, peddlers, canvassers or other types of itinerant vendors.
Under this surety bond, transient businesses guarantee local municipalities that they will pay all taxes and fees and conduct business honestly.
How Much Do Transient Merchant Bonds Cost in Michigan?
Michigan solicitor, itinerant vendor or transient merchant bonds are available for instant purchase for a flat rate of $100 per year. You can save an additional 25% each year by selecting a multi-year bond.
Select the bond you need below to buy online in minutes.
How Do I Get a Transient Merchant Bond in Michigan?
You can buy a Michigan solicitor, mobile vendor or transient merchant bond online on SuretyBonds.com with just three steps:
- Select your bond
- Checkout online
- Receive your bond via email or mail (depending on the city)
Once you receive your bond form, file it as instructed with your local licensing authority.
How Does a Michigan Transient Merchant/Solicitor Bond Work?
In Michigan, a solicitor, vendor, peddler, canvasser or itinerant vendor bond binds three parties in a legal contract:
- Principal: The individual or business purchasing the bond
- Obligee: The Michigan government office requiring the bond
- Surety: The company issuing the bond
If a principal’s actions cause damages or financial loss, harmed parties can file a claim on the bond. The surety will investigate and pay out valid claims, then the transient merchant must refund the surety.
Who Needs a Michigan Transient Merchant Bond?
Itinerant and mobile businesses must be bonded to operate in the following Michigan locations:
- Bay City
- Battle Creek
- Detroit
- East Lansing
- Lincoln Park
- Macomb County
Visit your local business licensing office for more information on license/permit and bond requirements.
More Resources
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.