Retail Installment Sales

MV: Motor Vehicle Retail Installment Seller
The primary license issued for retailers of motor vehicles who finance by installment contract to retail buyers. This license is required by firms that sell and finance automobiles, trucks, trailers, RV's, motorcycles, and mobile homes. Only one license is required per legal entity per county.

MVB: Motor Vehicle Retail Installment Branch office
Any subsequent location in another county other than the main office.

RS: Retail Installment Seller
The main office of any retail business offering installment financing to its customers, for goods or services other than motor vehicle and home improvement businesses. This license authorizes the holder to finance the goods or services sold by installment contract or revolving charge account to a retail buyer. This license is required if the goods or services are primarily for personal, family or household use.

RSB: Retail Installment Seller Branch
Any subsequent location other than the main office.

SF: Sales Finance Company
The main office of any business which purchases retail installment contracts from entities licensed in Florida as motor vehicle installment sellers, retail installment sellers or home improvement finance sellers.

SFB: Sales Finance Company Branch
Any subsequent location other than the main office.

HI: Home Improvement Finance Seller
The main office of any business involved in the financing of home improvements which are secured by a mortgage or lien on real property. This provision applies to a business that directly or indirectly enters into two or more home improvement contracts, each of which is for consideration of $500 or more, in any calendar year. This license is required for a contractor who repairs, remodels or adds improvements to a single family residence pursuant to a written agreement, and when a mortgage lien on the property is retained as security. A home improvement contractor may also need a Retail Installment Seller license for contracts on which there is no mortgage taken as security for the loan.

HIB: Home Improvement Finance Seller Branch
Any location other than the main office.