The license is required for any company or sole proprietorship that is engaged in the business of making or brokering consumer or commercial loans.
A company is defined as an organization or company engaged in commercial, industrial, or professional activity. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietors, corporations, and partnerships.
The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is an agriculture. An example of a transaction is the sale of a home.
The word business comes from the word busy and means to do things. Works regularly.
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