The person who makes sure that a bond repayment is made is known as a surety agent. A firm that “provides a loan” is known as a “bond.” So in the case of bail bonds, a “surety agent” is someone who offers a loan and is then in charge of collecting it.

How Do Surety Bail Bonds Operate?

A surety bail bond is an agreement that has been signed between a person and a bonding firm (loan company) that enables a defendant to pay just a percentage, often 10%, of the whole amount of bail that is due to the court in order to avoid being detained until the court date.