Delaware

Delaware has a lender and a broker license. The Delaware broker license requires a 40k minimum capital, while the Delaware lender license requires a 100k minimum capital that is subject to review. The Delaware broker license also requires a written broker agreement that complies with Delaware’s regulation. Both the lender and broker license requires an unaudited financial statement dated within 90 days of the end of your fiscal year.

StateLicense NameState FeeBond Premium Est.
SoS FeeMLG ProcessingTotal
DelawareBroker License$850.00$188.00$435.50Call for More Information$1473.50
DelawareLender License$600.00$100.00$435.50Call for More Information$1135.50
DelawareDebt Collection License$75.00$0.00$520.00Call for More Information$595.00

License: Lender License

  • Operating Status: Broker/Lender
  • Bond Amount: $50,000
  • Net Worth: $100,000
  • Brick & Mortar: No
  • Audited Financials: No

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License: Broker License

  • Operating Status: Broker
  • Bond Amount: $25,000
  • Net Worth: $40,0000
  • Brick & Mortar: No
  • Audited Financials: No

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