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Go to your local Police Service and ask the question there. They will be able to tell you the requirements and the cost of getting a indemnity bond and a state license and liability insurance and a business license.

Once you have all that, you need customers, such a banks and loan companies, who will give you work? Got any friends in the banking business?

You will need a secure lock-up to store vehicles in, with high fences and good night lighting and a office building, as well as at least one tilt and load tow truck and office equipment like computers and desks and chairs and a couple of different phone lines to do tracing on.

So at least a hundred thousand dollars in cash to start with.

How do I know about this? Been there did that, and made some money, but got out after 5 years.

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14y ago
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Q: How do you become a repo man in South Carolina?
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