Do brokers need a license in California
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  1. #1

    Do brokers need a license in California

    Do we need a license do broker merchants located in California? If so where do we need to apply?

  2. #2
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    *crickets** Hello you need a certificate or some type of registration yes to do business in CA.

  3. #3
    Senior Member Reputation points: 5036 DiamondBL's Avatar
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    Let me know if you would like to chat- Thanks~

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  4. #4
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    Quote Originally Posted by Cash View Post
    Do we need a license do broker merchants located in California? If so where do we need to apply?
    I represent a Direct Funder and a license is not required in California.
    We advance on the amount of credit card sales / lock-box.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  5. #5
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    Depends on what you're doing. For merchant cash advances you don't need one, although some super -brokers and funders will require it. If you're "lending" you do need one. You can usually apply through your City Portal.

    Let us know if we can help you.

    Juan Pasalagua
    Managing Director
    Alterna
    www.alternacashadvance.com
    1050 G St, San Diego CA 92101
    (855) 262-2996
    Last edited by Juan; 03-24-2018 at 02:57 AM.

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