State Licensing Software for Lenders
Brico helps lenders manage credit, servicing, collections, brokering and earned wage access licenses across all 50 states. Our platform combines automation, expert support, and built-in compliance workflows to streamline applications, reduce regulatory risk, and eliminate the need for spreadsheets or billable hours.
Why State Licensing Slows Lenders Down
Each state has its own license requirements for credit, collections, servicing, brokering and earned wage access, not to mention different forms and deadlines. Without automation, manual processes lead to hidden costs, delays, and overwhelmed compliance teams.
Inconsistent State Requirements
No two states ask for the same documents, requirements, or renewal timelines. Managing multi-state licenses manually turns into an error-prone maze that slows go-to-market speed.
Lack of Transparency Creates Bottlenecks
Legal and compliance teams waste time chasing paperwork, coordinating vendors, and tracking updates across spreadsheets — instead of focusing on audits, growth, or strategy.
Complexity Leads to Compliance Fatigue
Quarterly reports, annual renewals, advance change notices and surety bond updates are an ongoing burden— with requirements constantly changing.
What Brico Delivers for Lending Teams
Brico combines regulatory licensing software and expert support to help lending teams apply for and maintain state licenses—faster, more affordably, and with less risk. From new license applications to quarterly and annual reporting to renewals, Brico centralizes every step in one secure, purpose-built platform.
Up-To-Date Requirements
100+ checklists, 500 pages of state code distilled to create up-to-date actionable and easy to understand requirements across all US states.
Intelligent Automation
Auto form-filling and faster application preparation by leveraging smart data mapping.
Reduced Paperwork
Over 200 paper forms digitized in-product so you reduce reliance on physical paper
Centralized Source of Truth
Centralize all work and knowledge in one platform to own your source of truth for future exams and audits. Never lose context during team expansion or employee turnover.
Built-in Project Management
Effortlessly collaborate with team members and external vendors by assigning tasks, automating reminders and feedback. Save valuable time by eliminating the need for repetitive follow-ups on tasks.
Licensing Expert-in-the-Loop
Get the benefit of a dedicated licensing expert to help unblock any hurdles in addition to the guidance in our platform.
Choose What Describes Your Business
Brico supports commercial and consumer lenders at every stage,
from applying for your first state license to managing renewals and reporting across all 50 states.
Startup
Launch faster. Stay compliant.
Brico helps new businesses go to market 5x faster with smart data mapping and streamlined application workflows.
Enterprise
Reduce your license workload by 75%.
Simplify renewals, manage multi-state compliance, and centralize license tracking with Brico’s full-service platform.
Senior Paralegal, iBusiness Funding (f/k/a Funding Circle)
Schedule a Demo
Discover how Brico can simplify your state license management.