Form LFS110 Sales Finance Company License Application - Wisconsin

What Is Form LFS110?

This is a legal form that was released by the Wisconsin Department of Financial Institutions - a government authority operating within Wisconsin. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the LFS110 Sales Finance Company License Application?
A: The LFS110 Sales Finance Company License Application is a form that needs to be completed when applying for a sales finance company license in Wisconsin.

Q: What is a sales finance company license?
A: A sales finance company license allows a company to provide financing for the purchase of goods or services.

Q: Who needs to apply for a sales finance company license?
A: Any company that wants to offer financing for the purchase of goods or services in Wisconsin must apply for a sales finance company license.

Q: What information is required on the LFS110 Sales Finance Company License Application form?
A: The LFS110 form requires information about the company's ownership, financial condition, and business practices.

Q: Are there any fees associated with the sales finance company license application?
A: Yes, there are fees associated with the sales finance company license application. The exact fees vary depending on the amount of business the company expects to transact.

Q: How long does it take to process the sales finance company license application?
A: The processing time for the sales finance company license application can vary. It is recommended to submit the application well in advance to allow for processing time.

Q: Can I operate as a sales finance company without a license?
A: No, it is illegal to operate as a sales finance company in Wisconsin without a proper license.