Apply for Licensing & Existing Licensees

Applications 

If you have specific legal questions, please seek the advice of an attorney.

New Motor Vehicle Sales Finance License Application:

Businesses needing to apply for a Motor Vehicle Sales Finance License must create a new account and submit the application, using ALECS. The entire application process is completed through ALECS. After you pay for your application, the office will complete a thorough review and will send any requests for items needed to complete your application through ALECS. Please turn your browsers autofill feature off prior to beginning your application. To avoid any potential glitches, please use Chrome or Firefox browsers.

Application reviews are completed in around 60 days as allowed by the Texas Administrative Code. Renewal periods may increase these times.

New Application Checklist - Here you will find a link to forms that may need to be uploaded into ALECS or detail that you will need to enter in the application in ALECS. 

New Application Guide - Here you will find a link to a step by step guide with images on submitting a new MVSF license application for entities (LLC, Corporations ETC)

Owners/Principal Party Guide - Here you will find a step by step guide on adding or modifying owners (principal parties)

Existing Licensees

Needing to license an additional location/dba? Submit a new application in your existing masterfile using ALECS. The system will recognize this as your registered office. If you need to be licensed under a different entity you will need to create a new account for the new entity and apply in the new account.

Changes to a license or a masterfile such as a license address change, DBA update etc. must be processed in ALECS. For the menu of modifications click on Manage My Business. Click here for a guide on processing amendments in ALECS: Manage My Business Guide

Transfer Existing License Application:

Businesses wishing to complete a transfer of license can do so using ALECS. The buyer should create a new account and initiate the process under Manage My Business.

A step by step transfer guide is available here: TRANSFER A LICENSE

The license transfer checklist can be found here: Transfer of License General Checklist

General Transfer of License Kit (All forms may not apply to your circumstances.)  

Reference

Frequently Asked Questions

How to Create an ALECS Account-Step by step guide with images. 

How to Submit an application on ALECSStep by step guide with images. 

 

Forms

Principal Party Required (personal) forms:

Personal Affidavit

Personal Employment History

Personal Questionnaire

Additional Forms:

Assignment of Statutory (Registered) Agent
Business Operation Plan
Disclosure of Principal Parties
Masterfile Amendment
Permission to Operate (For Transfer of License)
Statement of Experience
Statement of Records/Record Keeping
Statement of Retail Installment Contracts
 

For documents presented as PDF-fillable forms, Acrobat Reader is required to view, download, and complete. You must save all forms to your computer before entering data.