Equipment Leasing Broker License

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Equipment leasing broker license.

Welcome to the american association of commercial finance brokers aacfb the premier organization supporting the commercial finance broker. As a financial services provider of equipment leasing timepayment has supported the broker community for over a decade. California broker s should have california lenders license joe bonanno esq clp legal counsel for the national association of equipment leasing brokers i was unable to get back to you when you sent me an email requesting my. Let us help your clients get the equipment they need quickly and affordably.

With rapid credit decisions a clear online process and comprehensive funding within hours we have programs that can support your customers of all credit profiles and sizes. In general and unless exempt any person engaging in business as a finance lender or finance broker is required to obtain a california finance lenders license. Our diverse funding sources and deep industry expertise enable us to be active in both small ticket and middle market lending from 10k to 2mm and beyond. And your own business will enjoy the competitive advantage of our streamlined.

Opinion about the ca brokers license. Present an official copy of your completed coursework showing the school seal and official signatures at the time of license application. Aacfb is a one stop broker resource providing our members with business tools funding sources and a network of powerful resources. Legislation based on california s law would establish finance lenders licensing regimes that would severely restrict the financing of commercial equipment leases and increase the cost of financing.

When you partner with amur equipment finance you give your clients access to the financing and leasing options that are best suited to their business needs. Needless to say i agree with my good. Tcs equipment finance s broker program enables us to quickly and efficiently work with referral partners such as brokers banks and other business services to help their clients with their equipment leasing needs. The duty of a leasing broker is to bring together three parties business owners and managers wanting to lease equipment for their businesses equipment manufacturers and retailers wanting to sell.

Since many equipment leasing and finance companies elfc doing business in california engage in some transactions that may not be true leases many elfcs applied and obtained a.