New York Collection Agency Licensing Requirements:
New York City
License Required:
Yes
Surety Bond:
None
License Fee:
$150 - 2 year fee
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New York, City of Buffalo
License Required:
Yes
Surety Bond:
$5,000
License Fee:
$50
The State of New York (NY) does not require a Collection Agency License at the state level. However, if your business is providing debt collection services in NY, you may be required to obtain a Collection Agency License at the local level or comply with other licensing laws at the state or local level. If you are unsure about whether your business needs to be licensed, email RCG to consult a licensing specialist.
New York City
License Required:
Yes
Surety Bond:
None
License Fee:
$150 - 2 year fee
______________________________________________________________________________________________________________________________________
New York, City of Buffalo
License Required:
Yes
Surety Bond:
$5,000
License Fee:
$50
The State of New York (NY) does not require a Collection Agency License at the state level. However, if your business is providing debt collection services in NY, you may be required to obtain a Collection Agency License at the local level or comply with other licensing laws at the state or local level. If you are unsure about whether your business needs to be licensed, email RCG to consult a licensing specialist.