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California Financing Law May Expand to Include Commercial Brokers

Published: March 1, 2023

California Financing Law requires licensing of finance lender and brokers. Finance lenders are any person who makes consumer loans or commercial loans. Brokers are any person who acts as broker in connection with loans made by a finance lender.

Source: natlawreview.com

Legislator Proposes To Expand CFL To Encompass "Commercial Brokers" | Allen Matkins

Published: March 1, 2023

The California Financing Law currently requires the licensing of "finance lenders" and "brokers". Cal. Fin. Code § 22100. A "finance lender" is defined to include "any person who is...

Source: jdsupra.com