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Maine’s Business Opportunity Sales Act requires a seller to register and post a $30,000 bond (or escrow the same) for the benefit of buyers. Ours is $325 flat — set by our carrier’s rate book for this bond, identical for every seller. A quick soft credit check may apply — never a hard inquiry, no impact on your score — and it never changes the price. Issued when you pay.
















Your business-opportunity registration is waiting on this bond. Here’s the entire process — no broker phone tag:
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.
Pay online and receive the executed $30,000 bond ready to file with your business-opportunity registration. Wet-ink originals mailed whenever the state insists.
A "business opportunity" is a packaged offering — products, equipment, or a marketing plan — sold to someone who will operate a business, usually with an earnings claim attached. Maine’s Business Opportunity Sales Act regulates these sales to protect buyers from misrepresentation, and conditions the seller’s registration on a $30,000 security.
Under 32 M.R.S. §4693, a seller files disclosure documents and either a $30,000 surety bond or a $30,000 escrow account with the registration, for the benefit of any buyer injured by the seller’s breach of contract or violation of the Act. Sellers must also give buyers a notice naming the surety so a buyer can verify the bond’s status.
It is a three-party guarantee, not insurance for you: if a buyer is harmed and the surety pays, you repay the surety. Registration is renewed annually, and the bond must stay active the whole time — we track it and notify you 60 and 30 days out.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →$325 flat, short application, bond issued when you pay. Free until issued.