Puerto Rico Payday Lender license
Puerto Rico Requires Payday Lenders to be Licensed
Puerto Rico payday lender licensing: Puerto Rico requires companies to be licensed as a Payday Lender Licensing Company. Companies must still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.
Certificate of Authority
With certain limited exceptions, a Puerto Rico Certificate of Authority is required if a company does business in Puerto Rico regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Puerto Rico requires companies not incorporated in Puerto Rico to obtain before “transacting business” within the state borders of Puerto Rico.
License Fees
The filing fee for getting a licensed as a payday lender in Puerto Rico is: Call for a free quote.
The filing fee for an Puerto Rico Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New payday lender license? Click here.
Call Now to discuss the best filing options for getting your Puerto Rico payday lender licenses!
Free Consultation – Call Now 888-315-0805
Want to verify if an existing company is licensed in Puerto Rico as a payday lender? Click here.