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PHX Reporter

Tuesday, November 5, 2024

Arizona Department of Financial Institutions issues one sales finance company license in Phoenix during week ending Nov. 27

Genbusiness010

The Arizona Department of Financial Institutions issued one sales finance company license in Phoenix during the week ending Nov. 27, according to the State of Arizona.

More than 99 percent of Arizona's businesses are considered small with more than 40 percent of Arizona employees working for small businesses, according to the U.S. Small Business Administration.

A study by Civic Economics found that when $100 is spent at a locally-owned business, that business puts $47 back into the local economy while the total is just $13 for non-local businesses.

Licenses issued by Arizona Department of Financial Institutions during week ending Nov. 27
License HolderLicense TypeIssued DateLicense Number
Exclusive Lending, LLCMortgage Broker2021-11-22MB-1030764
Bravo Motors, LLCSales Finance Company2021-11-23SF-1030782

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