ASK THE BUSINESS LICENSE GURU

By David Yount

Question:

“What is a DBO License?What is a DBO license

Answer:

A DBO license is a license issued by California’s Department of Business Oversight, typically related to financial services. In general, any person engaging in the business of a finance lender or finance broker is required to obtain this license.

The California Department of Business Oversight (DBO) is a department of the Business, Consumer Services and Housing Agency (BCSH) and it regulates a variety of financial services, products and professionals.

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We will thoroughly research your license requirements, complete your applications, submit your documentation and fees—even follow up with your State of business, for you and keep you posted on your the status of your licenses.

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