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  • Pawnbroker Application - Ohio Department Of Commerce - State Of ... - Com Ohio

Get Pawnbroker Application - Ohio Department Of Commerce - State Of ... - Com Ohio

WARNING: It is a crime to provide a false statement to a government official or public agency. R.C. 2921.13. ... Website Address: http:// Is the Website ... Contact the Division of Financial Institutions.

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How to fill out the Pawnbroker Application - Ohio Department Of Commerce online

The Pawnbroker Application serves as a crucial document for individuals seeking to operate a pawnbroker business in Ohio. This guide provides a step-by-step approach to filling out the application online, ensuring that users can navigate the form with ease and accuracy.

Follow the steps to complete your application efficiently.

  1. Press the ‘Get Form’ button to access the Pawnbroker Application form and open it in the appropriate editor.
  2. Begin by entering the name of the applicant in the designated field. If the applicant is not a corporation, provide the name under which the business will operate.
  3. Input the Federal Tax ID Number accurately in the specified field.
  4. Fill out the Doing Business As (DBA) or trade name, ensuring to include the certificate from the Ohio Secretary of State if applicable.
  5. Provide the complete address of the licensed office, including street, city, state, county, and zip code. Confirm whether the address is zoned for pawnbroker operations.
  6. List the phone number, fax number, and website address of the business. Indicate if the website is interactive or transactional.
  7. If the mailing address differs from the physical address, fill in the alternative mailing address and any different contact number.
  8. Indicate whether there is a parent company and provide the contact information if applicable.
  9. Select the type of legal entity for the business – individual, corporation, partnership, or limited liability company.
  10. Prepare and attach the required documentation based on the type of entity, such as partnership agreement for partnerships, articles of incorporation for corporations, and disclosure forms for individuals.
  11. Each applicant needs to submit their financial statements, ensuring adherence to the minimum asset requirements stated in the application.
  12. Detail any additional business operations at the proposed location, if applicable.
  13. Complete sections regarding any previous licenses held, including any denials, revocations, or criminal history.
  14. Detail your office manager's information and include their relevant business experience on a separate sheet.
  15. Finally, review your entries for accuracy, save changes, and prepare to either download, print, or share the completed application.

Take the first step towards your pawnbroker license by completing the application online today.

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The Pawnbroker Application is the licensing form used by companies and sole proprietors to apply for any non-depository, financial services pawnbroker license with Ohio, including a main and/or branch office. Any entity seeking licensure in Ohio is required to complete the Pawnbroker Application for licensure.

Section 4727.02 | License required. No person shall act as a pawnbroker, or advertise, transact, or solicit business as a pawnbroker, without first having obtained a license from the superintendent of financial institutions.

Here's exactly what you need to become a pawnbroker. Consumer Credit License. No pawnbroker can trade without one of these. ... A Shop to Trade In. Obviously, you need a shop to trade in, so you can do some business. ... Good Funds. ... Valuation Skills. ... Procedural Knowledge. ... Proper Security. ... Insurance.

Earning interest on loans and profits on retail sales are the principal income sources for the standard business model for a pawnshop. Pawnshops typically aim to generate overall net profit margins of at least 15% to 25%.

Pawn transactions are small-dollar, short term loans with no hidden charges. In Ohio , rates for a pawn loan are strictly regulated. The charge for a pawn loan is limited to a maximum of five percent per each month or fraction on the amount borrowed, plus four dollars per each month or fraction for storage.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232