How Do You Start A Bail Bonding Company In Tennessee?
A bail bondsman is a person who provides a portion of an incarcerated person’s bail in order for them to be released. The remainder of the bond is secured by the bondsman should that person not attend their subsequent court proceedings. Starting a bail bonding company in Tennessee is a simple process, but it can be time consuming and expensive. Tennessee allows for incarcerated individuals to use the services of a bail bondsman. Some states do not. The first step in opening a bail bonding company is to check the market in your area. Research the existing bail bond companies by googling “(your town here) Tennessee bail bondsman” and/or calling your local jail and inquiring. How many bail bonding companies are there locally? How long have they been in business? How many bondsman do they employ? Prepare a business model that encompasses all these answers. The next important step is to make sure that you meet all the prerequisites to become a bail bondman in Tennessee. You must be 18, have
