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Maryland requires every licensed grain dealer to file a $100,000 bond with the Department of Agriculture. Ours is $1,000 flat, set by our carrier's rate book, identical for every dealer. A quick soft credit check may apply — never a hard inquiry; the bond is issued when you pay.
















Your grain dealer license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, owner information, a few commercial questions, and effective date — plus 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 bond, ready to file with your grain dealer license application. Wet-ink originals mailed whenever the State insists.
Maryland licenses grain dealers through the Department of Agriculture — anyone in the business of buying, receiving, exchanging, or storing grain from a producer must hold an annual license. The license is conditioned on a $100,000 surety bond.
The bond is a producer-protection guarantee: it stands behind the money you owe the farmers and grain producers you buy from. It's a three-party arrangement — you (the principal), the surety, and the State together with the producers as protected parties.
If a dealer fails to pay a producer for delivered grain, the harmed producer can recover against the bond — and the surety's total liability for all claims is capped at the $100,000 penal sum. It is not insurance for you: if the surety pays, you repay the surety. Dealers who pay producers on time treat it as a license formality.
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 →$1,000 flat, short application, bond issued when you pay. Free until issued.