Navigating State Lending Licensing
Operating in multiple states is a great sign that you’re business is expanding. This is excellent but does bring additional headaches. One of which is that because each state has its own set of laws and requirements to operate as a lender, it drastically increases the workload of trying to stay up to date with the latest regulations and policies for each state. When you’re operating across the country, this is even further exasperated. Staying in compliance can be confusing and if not done properly can prove costly. Cornerstone is here to help you navigate this landscape. We have 25+ years of licensing expertise which allows us to ensure you avoid the pitfalls.
Cornerstone is your one stop shop to obtain licensing, bonds, and other business services for all of your lending licensing needs. Getting properly licensed is a long process that, if not done correctly, results in fines, penalties, and legal action. Devoting your time or your team member’s time to all of the proper research, documentation filing, and answering questions from state regulators is a huge investment. We at Cornerstone deal with the government agencies every day and love ensuring our client’s businesses are fully licensed and protected. This allows you and your team to focus on your business, not dealing with bureaucracy and red tape. Our team submits licenses faster and more accurately because it’s what they do every day. We’re here every step of the way to ensure your business receives the right licenses quickly.