A small business supplying short-term, short term loans which happen to be generally speaking refunded by post-dated cheque or pre-authorized debit transaction demand a small business license as a payday lender.
Examples of companies that manage demand municipal certification:
- Payday loan organizations
- Income lenders
- Payday advance
- Pay day loans
- Short term loans
- Lightweight money funding
- Pawnbrokers
- Marketing put merchandise