Notices for All Customers

The information contained herein does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Purchases or sales of securities privately offered by Finova or its affiliates (the “Securities”) can only be made by private placement memorandum and related subscription documents, which will be provided to accredited investors on a confidential basis at their request for their consideration in connection with such offering. Investment in the Securities will involve significant risks, including loss of principal. The Securities will have limited liquidity options, as there is a limited secondary market for the Securities. None of the information contained in this website release is a recommendation for investment in any securities. Testimonials may not be representative of the experience of other investors and are not indicative of future performance or success.

Finova holds licenses in the following states:

Arizona

California

Florida

New Mexico

South Carolina

Tennessee

Oregon

NFH Arizona, LLC

NFH California LLC

Finova Financial LLC

NFH New Mexico, LLC

NFH South Carolina, LLC

NFH Tennessee, LLC

NFH Oregon, LLC

Sales Finance Company

Consumer Finance Lender

Consumer Finance Company

Small Loan Company

Supervised Lenders License

Title Pledge Lender

Consumer Finance Company

0936922

60DBO-61331

CF9901096

02077

S-8588 and S-8589

2672

0441-001-C

Questions?

Consumer Hotline:
1-844-576-0862
Toll free. Available 24/7

Consumer Email:
info@finovafinancial.com

  • Finova Financial, LLC
  • 4521 PGA Blvd, Suite 226,
  • Palm Beach Gardens, FL, 33418

Terms and Conditions Apply. FINOVA RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet Finova’s underwriting requirements. A borrower cannot be an active-duty service member of the U.S. Armed Forces (or a covered dependent under the Military Lending Act). Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and terms are subject to change at any time without notice and are subject to state restrictions.

To check the rates and terms you qualify for, Finova conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.

Finova is an equal opportunity lender.

Notices for Customers in Florida

Finova operates as “Finova Financial LLC” in Florida and enters into transactions as a Consumer Finance Company under the Florida Consumer Finance Act. Finova is licensed and regulated by the Florida Office of Financial Regulation and the Florida Department of Financial Services. Finova’s license number is CF9901096.

The payment schedule for a loan in Florida is 12 to 24 months.

Interest on the loan is charged at Daily Rates that depend on the unpaid Amount Financed/Principal Amount, as follows:

Unpaid Amount Financed Daily Rate Corresponding Annual Rate
First $3,000 0.08219178% 30%
Next $1,000 0.06575342% 24%
Remainder 0.04931507% 18%

Finova charges a fee for any documentary excise tax and lawful fees, actually and necessarily paid out by Finova to any public officer for filing, recording, or releasing in any public office any instrument securing the loan.

Finova charges a Filing Fee Payable to a Public Official of $75.

Finova may charge a Credit Investigation Fee of $25 at the time of first payment.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan. In the event that you do not provide adequate proof of such insurance, you must obtain Finova’s Voluntary Debt Cancellation Addendum. YOU ARE UNDER NO OBLIGATION TO OBTAIN FINOVA’S VOLUNTARY DEBT CANCELLATION ADDENDUM FROM FINOVA FINANCIAL, LLC.

Notices for Customers in Tennessee

Finova operates as “NFH Tennessee, LLC” in Tennessee and enters into transactions as a Title Pledge Lender under the Tennessee Title Pledge Act. Finova is licensed and regulated by the Tennessee Department of Financial Institutions. Finova’s license number is 2672.

The finance charge for the original 30-day term of the loan is comprised of interest at the rate of 2% per 30-day period plus a fee not to exceed 1/5th of the Amount Financed. Finance charges shall continue to accrue on the outstanding principal balance at a rate not to exceed 2% interest per 30-day period plus a fee not to exceed 1/5th of the outstanding principal balance for each renewal period.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan.

Notices for Customers in South Carolina

Finova operates as “NFH South Carolina, LLC” in South Carolina and enters into transactions under the South Carolina Consumer Protection Code – Loans. Finova is licensed and regulated by the Consumer Finance Division of the South Carolina Board of Financial Institutions. Finova’s license number is S-8588 and S-8589.

The payment schedule for a loan in South Carolina is 12 to 24 months.

Interest is charged at Daily Rates that depend on the unpaid Amount Financed from time to time, consistent with the rates filed and posted pursuant to Section 37-3-305 of the South Carolina Code of Laws.

30% Maximum APR

Finova charges a Filing Fee Payable to a Public Official of $15.

Finova may charge a Credit Investigation Fee of $25 and an Origination Fee of $25.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan. In the event that you do not provide adequate proof of such insurance, you must obtain Finova’s Voluntary Debt Cancellation Addendum. YOU ARE UNDER NO OBLIGATION TO OBTAIN FINOVA’S VOLUNTARY DEBT CANCELLATION ADDENDUM FROM FINOVA FINANCIAL, LLC. THIS COVERAGE IS FOR THE BENEFIT OF THE CREDITOR. IT WILL NOT REIMBURSE YOU FOR DAMAGES TO YOUR VEHICLE, BUT IT MAY PAY THE CREDITOR FOR THE DAMAGES IF YOU CANNOT PAY. YOU HAVE THE RIGHT TO PURCHASE INSURANCE THAT WILL REIMBURSE YOU FOR DAMAGES TO YOUR VEHICLE EITHER THROUGH THE CREDITOR IF OFFERED BY THE CREDITOR OR THROUGH YOUR OWN AGENT.

The South Carolina Board of Financial Institutions publishes a pamphlet “Consumer Loans: Your Rights and Responsibilities.” That pamphlet may be found here.

Notices for Customers in New Mexico

New Mexico Mandatory Brochure for Small Loan Business

Finova operates as “NFH New Mexico, LLC” in New Mexico and enters into transactions as a Small Loan Company under the applicable sections of Chapter 58 of the New Mexico Statutes. Finova is licensed and regulated by the New Mexico Financial Institutions Division. Finova’s license number is 02077.

The payment schedule for a loan in New Mexico is 12 to 24 months.

Interest on the loan is charged as simple interest on the unpaid Amount Financed at a Daily Rate of 0.0822% and that corresponds to an Annual Rate of 30%.

Finova charges a Filing Fee Payable to a Public Official of $32.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan. In the event that you do not provide adequate proof of such insurance, you must obtain Finova’s Voluntary Debt Cancellation Addendum. YOU ARE UNDER NO OBLIGATION TO OBTAIN FINOVA’S VOLUNTARY DEBT CANCELLATION ADDENDUM FROM FINOVA FINANCIAL, LLC.

Notices for Customers in Arizona

Finova operates as “NFH Arizona, LLC” in Arizona and enters into transactions as a Sales Finance Company under the Arizona Motor Vehicle Time Sales Disclosure Act. Finova is licensed and regulated by the Arizona Department of Financial Institutions. Finova’s license number is 0936922.

The payment schedule for a loan in Arizona is 12 to 24 months.

Interest is charged at Daily Rates that depend on the unpaid Amount Financed from time to time, consistent with the following maximum rates permitted by Arizona law:

  •  $500 or less – a Monthly Finance Rate of 17% (i.e., a 204% Annual Rate);
  •  More than $500, but not more than $2,500 – a Monthly Finance Rate of 15% (i.e., a 180 % Annual Rate);
  •  More than $2,500, but not more than $5,000 – a Monthly Finance Rate of 13% (i.e., a 156 % Annual Rate); and
  •  More than $5,000 – a monthly finance rate of 10% (i.e., a 120 % Annual Rate)

Finova charges a Filing Fee Payable to a Public Official of $8.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan. In the event that you do not provide adequate proof of such insurance, you must obtain Finova’s Voluntary Debt Cancellation Addendum. YOU ARE UNDER NO OBLIGATION TO OBTAIN FINOVA’S VOLUNTARY DEBT CANCELLATION ADDENDUM FROM FINOVA FINANCIAL, LLC.

Notices for Customers in California

Finova operates as “NFH California LLC” in California and enters into transactions as a Consumer Finance Lender under the California Finance Lenders Law. Finova is licensed and regulated by the California Department of Business Oversight. Finova’s license number is 60DBO-61331.

The payment schedule for a loan in California is 12 to 24 months.

For loans in the principal amount of less than $2,500, Finova will not charge an amount exceeding the sum of the following:

  •  Two and one-half percent per month on that part of the unpaid principal balance of any loan up to, including, but not in excess of two hundred twenty-five dollars ($225).
  •  Two percent per month on that portion of the unpaid principal balance in excess of two hundred twenty-five dollars ($225) up to, including, but not in excess of nine hundred dollars ($900).
  •  One and one-half percent per month on that part of the unpaid principal balance in excess of nine hundred dollars ($900) up to, including, but not in excess of one thousand six hundred fifty dollars ($1,650).
  •  One percent per month on any remainder of such unpaid balance in excess of one thousand six hundred fifty dollars ($1,650).

Finova may charge an Origination Fee of $25.

Notices for Customers in Oregon

  •  Finova operates as “NFH Oregon LLC” in Oregon and enters into title loans under the applicable sections of Chapter 725A of the Oregon Revised Statutes. Finova is licensed and regulated by the Oregon Department of Consumer and Business Services. Finova’s license number is 04441-001-C.
  •  The payment schedule for a loan in Oregon is 12 to 24 months.
  •  Interest is charged at Daily Rates that depend on the unpaid Amount Financed from time to time, which, consistent with Oregon law, will not exceed thirty-six percent (36%) per annum.
  •  Finova charges an Origination Fee of Ten Dollars ($10) per One Hundred Dollars ($100) of the loan, or Thirty Dollars ($30), whichever is less.
  •  Finova charges a Loan Tracking System Fee, which is not more than the actual amount that the loan tracking system vendor charges Finova for use of the loan tracking system.

Finova charges a Filing Fee Payable to a Public Official of $45.50.

Finova requires that you provide Finova with proof that you have comprehensive and collision insurance on your vehicle, with a deductible of $500 or less, through a properly licensed insurer. Such insurance must be reasonably acceptable to Finova, name Finova as loss payee, and show proof the policy is paid through the maturity date of the loan. In the event that you do not provide adequate proof of such insurance, you must obtain Finova’s Voluntary Debt Cancellation Addendum. YOU ARE UNDER NO OBLIGATION TO OBTAIN FINOVA’S VOLUNTARY DEBT CANCELLATION ADDENDUM FROM FINOVA FINANCIAL, LLC.