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Commercial Loans Finance Lenders Law

Allen Matkins

California Bill Seeks To Impose Disclosure Requirements On Commercial Lenders

Allen Matkins on

I have often remarked that the California Financing Law (fka Finance Lenders' Law) imposes virtually no substantive lending requirements. That will change if Steve Glazer succeeds in enacting SB 1235. This bill would...more

Allen Matkins

Consumer Loan, Commercial Loan or Neither?

Allen Matkins on

The California Finance Lenders Law imposes a licensing requirement on persons engaged in the business of a finance lender. Cal. Fin. Code § 22100(a). Chapter 2 of the CFLL imposes a host of requirements on “consumer loans”...more

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