Origination licensing across all 50 states, managed in one platform.
Brico manages state lender licenses, NMLS company filings, MCR deadlines, surety bond obligations, and DFPI/DFI requirements for non-bank lenders and fintech platforms originating consumer, commercial, and mortgage loans.
Why origination licensing is more complex than it looks.
State origination licensing is ongoing by design, and most teams underestimate the work.
Every state runs its own program
Every state where you originate loans has its own renewal cycle, its own financial reporting requirements, its own surety bond schedule, and its own regulator with its own preferences about how filings get submitted.
Growth triggers new obligations
Some states require quarterly reports. Others require advance notice once your loan volume crosses a threshold. Several tie your bond amount directly to how much you originate.
Spreadsheets fail at the worst moment
The teams that scale origination across multiple states without burning out or racking up legal fees are the ones running a better system. Manual tracking in spreadsheets works until it doesn't, and the moment it fails tends to be the moment a state regulator is already asking questions.
Guided by an experienced licensing practitioner who handles your lending licensing program.
Keep ownership of your program while still having expert support. Every Brico customer gets a dedicated licensing expert who knows your business and anticipates what regulators will ask before they ask it.
Our platform centralizes license tracking and streamlines reporting, while our licensing experts help keep you compliant, with no law firm required.
Licensing strategy
How to prioritize license applications based on your particular GTM strategy.
Applications
Your business plan, NMLS and non-NMLS forms and other supporting documents, prepared and submitted.
Regulator back-and-forth
We triage deficiencies and coach you through regulator follow-up questions so your team doesn't have to guess.
Renewals and reporting
Renewals, annual reports, and state-specific filings prepared and filed on time.
Changes and big moments
New products, new states, branches, control changes, and volume thresholds that trigger advanced change notices or surety bond step-ups.
Stay ready
A clean, complete record organized the way state examiners expect.
What Brico tracks for originators.
Every origination license, filing, bond and deadline, tracked state by state in one place.
State lender licenses across all 50 states
Consumer finance licenses, small loan licenses, industrial loan licenses, commercial lender licenses, and equivalent origination license types vary by state. Brico has mapped the full matrix: which license you need for which product type in which state, and what it takes to keep it current.
NMLS company license renewals and December deadlines
Non-bank mortgage originators and many consumer lenders operate on NMLS. Brico tracks the December 31 annual renewal deadline, outstanding license conditions, deficiency responses, and state-specific NMLS requirements across every state in your portfolio.
Mortgage Call Report (MCR) deadlines
Quarterly MCR filings are a standing obligation for NMLS-licensed originators, and missing one draws regulatory attention fast. Brico tracks MCR deadlines by quarter and surfaces filing requirements alongside your other compliance obligations, so nothing gets missed between renewal seasons.
Surety bonds and volume-based step-ups
Origination license bond requirements in many states scale with loan volume. As you originate more, your bond obligation may increase. Brico tracks current bond levels against each state's thresholds and flags a step-up before a regulator does.
DFPI, DFI, and state banking department requirements
California's DFPI, state Departments of Business Oversight, Divisions of Financial Institutions, and equivalent regulators each run their own application forms, examination processes, and annual reporting cycles. Brico has mapped all of them and keeps the requirements current as they change.
Annual reports and periodic financial filings
Many states require originators to file annual reports covering loan volume, interest rates, borrower demographics, or financial condition. Deadlines, forms, and submission portals differ by state. Brico tracks all of them on a single calendar.
License amendments and advance change notices
Adding a new loan product, changing your interest rate structure, opening a branch, or crossing a volume threshold can each trigger an amendment requirement with state regulators. Brico tracks which changes require advance notice in which states, so a product launch doesn't put you out of compliance without your knowing it.
New state licensing requirements and timelines
When you're ready to originate in a new state, Brico shows you the complete picture: which license you need, what the application requires, how long approval typically takes, and what ongoing obligations come with it. The research is already done.
Who needs loan origination licensing infrastructure.
If you originate loans to borrowers in more than one state, state licensing applies to you, whatever the product.
Consumer lenders and BNPL platforms
If you originate personal loans, installment products, or buy now, pay later products to borrowers in multiple states, you need consumer finance or small loan licenses in most of them. Brico maps the full requirement set and manages the licensing as you scale.
Commercial and SMB lenders
Commercial lending gets assumed to be lightly regulated at the state level. It isn't. Most states require a lender license to originate commercial loans to small businesses, and the requirements are less standardized than consumer lending. Brico tracks what's required for commercial origination in each state and manages the ongoing compliance calendar.
Revenue-based finance and MCA providers
Licensing exposure for revenue-based finance and merchant cash advance depends heavily on product structure and how a given state characterizes it. Brico helps companies in these categories understand their licensing exposure and manage the licenses they hold.
Non-bank mortgage originators
Non-bank mortgage companies juggle NMLS company licensing, state lender or mortgage company licenses, MCR filings, and state banking department exams, all at once. Brico manages NMLS and state-level requirements in one platform.
Fintechs launching a lending product
Companies adding a lending product for the first time, whether originating directly or moving off a bank partnership into direct origination, often discover the state licensing requirements mid-launch. Brico builds the infrastructure and gets you licensed in the states you need, on a timeline that doesn't block your product roadmap.
Earned wage access providers
Earned wage access licensing is state-by-state and still taking shape, with more states passing EWA-specific laws each year. Brico tracks the requirements as they're enacted and helps EWA companies build licensing infrastructure ahead of enforcement, not after it.
By compliance experts, for compliance experts.
Brico's origination licensing software centralizes state requirements and workflows into one system. Your team gets clear checklists, automated forms, and real-time visibility across all licenses.
One source of truth, all 50 states
Every lender license, renewal date, bond obligation, and exam history in a single platform. Not a jumble of a shared drive, joint email inbox, and spreadsheets.
Expert support when you need it
Brico's compliance team has seen the edge cases: the state that just changed its net worth threshold, the DFI examiner who wants a specific report format. That context is part of what you get.
Built for your exams, and for your calendar
Brico is a compliance record that's organized just the way a state examiner would want to see it. Stay ready, whenever they ask.
SOC 2 Type 2 compliant
Your licensing data is sensitive. Brico is built for regulated financial institutions and holds SOC 2 Type 2 certification.
Pre-Brico I was spending at least 50% of my time on license maintenance and now I barely spend 3 hours a quarter!
Brico customers are building the future of finance.
Get licensed in your next state. Faster.
Discover how Brico can simplify your new license applications.
