Credit Report Services

Establishing financial responsibility for your General Contractors License

Did you know that before you can obtain your General Contractor license in the state of Florida, you must provide a personal and commercial credit report to prove financial responsibility and stability?


At Contractor Reporting Services, our Credit Report Services provide the appropriate paperwork to show your financial stability to the state in order to receive your General Contractor license and begin your career. Our staff is highly trained and experienced in making sure that your General Contractors license process is completed efficiently and void of most unforeseen obstacles. Our goal is to help you start your career as a General Contractor in Florida in a timely manner.


According to the Florida state law, there are several components that need to be checked in order to deem you financially responsible before you can obtain your General Contractor license.

Requirements for financial responsibility and stability

  • There are no unsatisfied liens against the applicant or the company he or she intends to qualify
  • There are no unsatisfied judgments against the applicant or the company he or she intends to qualify
  • Applicant has a 660 FICO derived credit score or higher, or submits a licensing bond or irrevocable letter of credit
  • The licensing bond or letter of credit shall be maintained until the applicant has achieved a FICO credit score of 660 or higher
  • Our team at Contractor Reporting Services can help you order and organize your financial documents to send in to the state in order to obtain your General Contractor license.

What if your Florida Contractor Credit Report shows a FICO score of less than 660?

We understand that your personal credit report needs to meet the FICO 660 score requirements. In the event that you do not have a 660 or higher FICO credit score, there are still ways to establish your financial stability even without meeting this component of the requirements.

First, we will contact you directly if your credit score does not meet the 660 requirements before submitting your credit report to the DBPR or County Licensing Board. The required statement that "A search of Public Records have been performed at the Local, County, State and Federal levels" will be included in the credit reports.

Then, you may still prove financial stability by obtaining a licensing bond or letter of credit in the amount of $20,000 for Division I Contractors or $10,000 for Division II contractors (source: Florida Department of Business and Professional Regulation).

Experts you can rely on

With over 50 years of experience helping contractors get licensed, CRS is here to help you succeed!

Ready to start?  Give us a call at 1-800-487-2084 

Share by: