Commercial Financing Provider or Broker Registration

Essential Statutes

Please reference the relevant Connecticut Statutes (§§ 36a-861 to 36a-872).

Not later than October 1, 2024, each provider and commercial financing broker shall  (1) register with the Banking Commissioner in a manner prescribed by the commissioner; and (2) unless such provider or broker is organized under the laws of this state or is otherwise not required to obtain authority to transact business in this state as a foreign entity, shall obtain authority to transact business in this state.

Other Relevant Information:

• No Action Position on Registration of Employees of Connecticut Commercial Financing Broker and Provider Registrants and Excluded Persons
• Guidance for Commercial Financial Providers and Brokers

How to Apply:

If you wish to apply for a Commercial Financing Provider or Broker Registration you should begin by first reviewing Connecticut’s Jurisdiction-Specific Requirements along with Connecticut's Commercial Financing statutes, which provides the current registration procedure and requirements applicable to commercial financing providers and brokers.

If your company already has a completed record in the Nationwide Multistate Licensing System and Registry, then applying for a registration in Connecticut merely involves filing your company's record (Form MU1) and control person records (Form MU2) with Connecticut through the NMLS and mailing in the jurisdiction-specific requirements to the Department.

Go to the Getting Started page of the NMLS website and follow the steps outlined:

Any questions relating to the NMLS should be directed to the NMLS Call Center at (855) 665-7123.

CONTACT

Connecticut Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800

WHO TO CONTACT - You may send your questions via e-mail to Anne.Cappelli@ct.gov or reach out to her directly at 860-240-8206.