Comprehensive Service Cash Flow Worksheet - Branch Location
 
     
   
     
 
Service State Fees* Bond Fees Total Licensing
Cash Flow
Alaska Branch License $350.00 $150.00 $500.00
Arizona Branch License (in-state locations only) 500.00 N/A 500.00
Arkansas Branch License 215.00 175.00 390.00
City of Buffalo Branch Letter N/A N/A -
Colorado Branch Letter N/A N/A -
Connecticut Branch License 900.00 150.00 1,050.00
Idaho Branch License 500.00 N/A 500.00
Indiana Branch License 30.00 162.00 192.00
Iowa Branch Letter N/A N/A -
Maine Abbreviated Branch License 200.00 150.00 350.00
Maryland Branch License 400.00 162.00 562.00
Massachusetts Abbreviated Branch License 615.00 N/A 615.00
Michigan Branch License 360.00 150.00 510.00
Minnesota Branch License 523.00 150.00 673.00
Nebraska Branch Registration 50.00 N/A 50.00
Nevada Branch License/Registration 1,100.00 225.00 1,325.00
New Jersey Branch Bond Registration 25.00 150.00 175.00
New Mexico Branch License (in-state locations only) 600.00 150.00 750.00
New York City Branch License 150.00 N/A 150.00
North Carolina Branch License 500.00 225.00 725.00
North Dakota Branch Letter N/A N/A -
Oregon Branch Letter N/A N/A -
Rhode Island Branch License 210.00 N/A 210.00
Tennessee Branch License (in-state locations only) 125.00 N/A 125.00
Washington Branch License 190.00 150.00 340.00
West Virginia Branch License 30.00 150.00 180.00
Wisconsin Branch Letter N/A N/A -
Total Branch Licensing Cash Flow $7,573.00 $2,299.00 $9,872.00

*State fees may vary.

Special Notes or Requirements:

  • Florida requires a separate license for commercial and collection activity.
  • Washington and Nevada may require in-state licensing
  • Potential exemptions available as a commercial agency, debt buyer, attorney or if agency solely conducts interstate debtor communication within certain jurisdictions

Fees for Arkansas, Idaho and Minnesota are dependent on number of collectors.

 
     
   
     
  Call us at (770) 587-4595 or email info@cornerstonesupport.com to discuss the details of your business and see how Cornerstone can support your overall compliance strategy.  
     


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