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The Department distinguishes a sales finance company that funds, acquires or services the loan from a retail seller that only completes financing paperwork. Current Section361-A:4 says a sales finance company licensee does not also need a retail seller license. Identify the principal office and in-state branches for the separate licensing process, and use the legal company and trade name authorized for New Hampshire.

The complete statutory bond condition requires $25,000 maintained security and thirty days' advance written notice to the commissioner before cancellation or termination. A State recovery claim or suit naming the licensee must meet its six-year period measured from the underlying act. That is not a six-year product term. The section also requires a new bond when an action begins and immediately upon recovery; do not wait for the annual license renewal after security is impaired.

Purchase Now opens Propeller's New Hampshire Motor Vehicle Sales Finance Company application in a new tab. Bring the current Department request, exact company and trade names, NMLS identifiers, principal office and branch list, accepted form, required sum and dates. Match these before paying. Arrange execution, confirm the accepted bond delivery route and evidence of receipt, complete the separate NMLS license or renewal and retain Department acceptance. The programme no longer issues paper licenses, which does not by itself establish how this bond must be delivered.