Payday Lenders – company guide

Payday Lenders – company guide

A small national cash advance app business providing quick term, short term loans which are generally speaking paid back by post-dated cheque or pre-authorized debit re payment need a company licence as a lender that is payday.

Types of companies that do need municipal certification:

  • Payday loan companies
  • Money loan providers
  • Pay day loan
  • Pay day loans
  • Short term installment loans
  • Tiny buck loans
  • Pawnbrokers
  • Selling utilized items

Types of companies that don’t require licensing that is municipal

  • Banking Institutions
  • Cheque cashing organizations
  • Credit unions
  • Banking institutions
  • Lending organizations

If the company will not demand a licence, you nevertheless need Business ID and land usage approval. See companies not requiring a licence that is municipal to find out more.


Payday loan providers

Payday loan providers are considered an online payday loan use in the event that development of income will not go beyond $1,500 and is for a phrase of 62 times or less. Payday loan providers are allowed to use as being a home-based or business that is commercial. For almost any commercial companies, there has to be 400 metres from any proposed payday loan provider to a payday lender that is existing.

Provincial certification approval

Particular company tasks require provincial certification as well as your business that is municipal permit. These tasks were recognized as licence kinds regarding the chart above (see needed approvals chart).

Service Alberta will direct one to the right provincial contact which will give you further way in regards to satisfying the provincial certification needs needed for getting your municipal company licence.

Provincial licenses should be submitted into the City’s licence unit to search for the license that is municipal.

You are able to provide your provincial licence:

Alberta Automobile Business Council (AMVIC)

A license is required by the Alberta government for several car company activities. You need to contact the Alberta Motor Vehicle business Council (AMVIC) at 1-877-979-8100 for facts about getting a licence that is provincial.

AMVIC calls for verification of City planning approvals before they’re going to issue A amvic that is provincial licence. As soon as AMVIC problems your provincial licence, you need to offer it towards the City of Calgary, that will then launch your business that is municipal licence.

Candidates can present the AMVIC permit:

  • Face-to-face during the Planning Services Centre: third flooring 800 Macleod Trail SEARCH ENGINE Calgary, AB


For company licence fees, look at company Licence Fee Schedule. The business enterprise licence charge routine is divided by licence kind. In the event the company requires numerous licence kinds, the category fee that is highest is likely to be charged.

These charges don’t are the costs pertaining to needed permits to meet land usage approval, or any third-party approvals or inspections that could be necessary to get your licence.

Simple tips to use

On Line

In the event that you need help when finishing the job Live talk to us, 8 a.m. to 4:15 p.m. Monday to Friday.


Extra information

Acquiring your online business licence

The business that is authorized will undoubtedly be provided for the applicant within the mail, or if perhaps required, may be held at our permit pick-up counter. Whenever a business that is commercial functional, the real copy of the company licence needs to be posted in an extremely noticeable location where in fact the public can easily see it.

In the event that you plan to make any modifications to your company after getting your licence, please go to handle your organization to find out more.

Just how long is my licence best for?

Company licences expire one from the issuance date year. Forty-five times prior to the licence expires, a notice is mailed out advising the licensee of this date that is expiry. Any fines that are outstanding be paid ahead of renewal.

Company ownership modifications

A small business business or licence ID just isn’t transferable from a individual to a different or in one man or woman’s business premises to a different.

Several premises

A company running from one or more location needs a split company licence for every single premises.

Licence kind combinations

To guarantee the appropriate approvals are created for a company, numerous licence kinds can be attached with a solitary company licence. A contractor licence type is required for example, a cabinet maker would require a manufacturer licence type; if the business is also installing the cabinets. Both licence kinds will be regarding the exact same company licence document and just one renewal will soon be needed.


All charitable companies needs to be connected with another business activity that is licenced. Approval needs to be awarded by the province before you apply for a municipal licence.

Organizations maybe maybe not qualified to receive a charity status:

  • Liquor beverage product product sales
  • Tobacco merchant

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