Small Loans Companies Licensing Information:
Licenses are issued for one year concurrent with the date of the required bond.
- Licenses are issued only to locations within state of Mississippi.
- $750 initial license fee, $475 renewal license fee
- Surety bond ($1,000) issued for appropriate license period.
- Financial statement: Assets, liabilities, and capital, if corporation; Assets, liabilities, and net worth if applicant is not a corporation. Assets, liabilities, and capital of parent corporation, if license is being requested for subsidiary office of corporation.
- Proposed line of credit or funding source.
- Statement as to type of business activity proposed.
- Registered with the Mississippi Secretary of State as required by state law.
Small Loans Application Forms:
Each applicant must download, complete and submit each of the following forms:
Forms to Update Existing Office(s)
If you have any questions please call 601-321-6901