License Renewal Cash Flow
Worksheet -
Branch Location
 
     
   
     
 
Service State Fees* Bond Fees Total Licensing
Cash Flow
Alaska Branch License Renewal $600.00 N/A $600.00
Arkansas Branch License Renewal 140.00 175.00 315.00
Connecticut Branch License Renewal 800.00 150.00 950.00
Idaho Branch License Renewal 100.00 N/A 100.00
Indiana Branch License Renewal 100.00 162.00 262.00
Maine Abbreviated Branch License Renewal 300.00 150.00 450.00
Maryland Branch License Renewal 400.00 162.00 562.00
Michigan Branch License Renewal 150.00 150.00 300.00
Minnesota Branch License Renewal 500.00 150.00 650.00
Nevada Branch Registration/License Renewal 100.00 175.00 275.00
New Jersey Branch Bond Renewal 25.00 150.00 175.00
New York City Branch License Renewal 150.00 150.00 300.00
North Carolina Branch License Renewal 500.00 150.00 650.00
Rhode Island Branch License Renewal 210.00 N/A 210.00
Washington Branch License Renewal N/A N/A -
West Virginia Branch License Renewal 30.00 150.00 180.00
Total Branch Renewal Licensing Cash Flow (per Branch) $4,105.00 $1,874.00 $5,979.00

*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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