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New Jersey produce dealer bonds.
From $100.

New Jersey licenses dealers who buy perishable agricultural commodities from growers on credit, and conditions the license on a surety bond filed with the Department of Agriculture under N.J.S.A. 4:11-19 et seq. The bond pays growers if a dealer defaults. Pricing is 1% of the bond amount, with a $100 minimum.

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Required for NJ produce dealers buying on credit under N.J.S.A. 4:11-19 et seq.
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Amount sized to your maximum monthly produce purchases — generally up to a $150,000 cap
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From $100 — enter your required amount and see your exact price at application
1% rate$100 minimum for smaller bondsNo SSNin the applicationFastinstant for most applicants
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

No underwriting queue for the standard produce dealer bond — enter your amount, pay, and file with the Department of Agriculture. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount your license requires, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit fields to fill out and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick soft-pull review that never affects your credit score.

SAME DAY

File with the Department of Agriculture

Submit the executed bond with your dealer license application to the Division of Marketing and Development. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the produce dealer bond actually covers

New Jersey protects its farmers from non-payment. Under N.J.S.A. 4:11-19 et seq., commission merchants, dealers, agents, and brokers who buy perishable agricultural commodities from growers on a credit basis must be licensed by the Department of Agriculture — and a license won't issue until a surety bond is on file.

The bond runs in favor of the Secretary of Agriculture for the benefit of the growers you do business with. If a dealer fails to pay for produce received on credit, the affected growers can recover against the bond — it's a payment guarantee for the farm, not insurance for the dealer.

The amount is set by Department rule: for produce dealers it's generally tied to your estimated maximum monthly value of products purchased over the preceding 12 months, with a statutory minimum of $5,000 and a cap commonly cited at $150,000. The Department can also accept a letter of credit or other securities in place of a bond. Confirm your required figure on your license paperwork.

N.J.S.A. 4:11-19 et seq. (Agricultural produce licensing)New Jersey requires dealers, commission merchants, agents, and brokers who buy perishable agricultural commodities from growers on credit to be licensed and bonded with the Department of Agriculture under N.J.S.A. 4:11-19 et seq. The bond runs in favor of the Secretary for the benefit of growers; it must be at least $5,000, and for produce dealers the amount is generally tied to the maximum monthly value of products purchased over the prior 12 months, commonly capped around $150,000. The Department may accept letters of credit or other securities in lieu of a bond. Confirm your amount on your license application.

You need this bond if you are

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A produce dealer or commission merchant buying from NJ growers on credit
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A broker or agent handling perishable agricultural commodities on credit
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Renewing your dealer license with the Department of Agriculture
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Increasing your purchase volume into a higher bond amount

One application, issued on the spot.

Submit the application with the bond amount your license requires — the executed bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the New Jersey produce dealer bond?Pricing is 1% of the bond amount, with a $100 minimum. The bond amount itself is set by Department of Agriculture rule, generally tied to your maximum monthly purchase volume, with a $5,000 minimum and a cap commonly cited at $150,000. Enter your figure at the application to see your exact price.
Why does New Jersey require it?To protect growers. If a dealer buys produce on credit and fails to pay, the bond lets the affected farmers recover. It runs in favor of the Secretary of Agriculture for the benefit of the growers you transact with.
Do I need a license if I pay cash on delivery?The licensing and bonding requirement targets dealers buying on a credit basis. If you are unsure whether your transactions trigger it, check with the Department of Agriculture’s Division of Marketing and Development — and send us your license paperwork once you have the required amount.
Is there a credit check?The application collects no credit information, and most applications approve instantly. If a check ever runs — typically only for larger bond amounts — it is a soft pull that never affects your credit score.
Can I post a letter of credit instead?The Department accepts several forms of security — a surety bond, an irrevocable letter of credit, certificates of deposit, or U.S. government bonds. A surety bond is usually the most economical, since your premium starts from $100 rather than tying up the full amount.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Produce dealer bond, issued today.

Pricing from $100. Enter your amount and file with the Department of Agriculture the same day.

Start application
Your premiumfrom $100
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