California License Working Group

Focus

Formed in 2025 in response to concerns about the California Financing Law, this task force advocates for nonbank lenders in the state. The Law requires nonbanks to obtain a lending license in order to make loans to California companies, making it a cumbersome process that can only be completed by the lender – i.e., the fund – not the manager.

Objective(s)

  • Streamline the process for nonbank lenders operating in California

Open / relevant to

Buy-side and law firm members

Interested? Contact

Elliot Ganz, Project Manager
(212) 880-3003
eganz@lsta.org

Role: Project Manager

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