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Does Georgia require the a small business loan broker have a…

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Does Georgia require the a...
Does Georgia require the a small business loan broker have a license? If so what license is it? If not what supporting information documents thr need for no license?
Submitted: 1 year ago.Category: Business Law
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7/31/2017
Business Lawyer: Law Educator, Esq., Attorney replied 1 year ago
Law Educator, Esq.
Category: Business Law
Satisfied Customers: 126,953
Experience: All corporate law, including non-profits and charitable fraternal organizations.
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Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.
According to the GA Department of Banking and Finance, commercial loan brokers in GA do not require any license and are exempt from the requirement for personal loan brokers to be licensed.
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

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