Orrick, Herrington & SutcliffeยทBANKING / FINANCE

California AB 2116 brings small-business commercial financing under state lending law

Governor Newsom signed AB 2116 on September 30, subject to the California Financing Law from January 1, 2028, creating a licensing regime for small-business commercial financing providers and brokers.

california-ab-2116small-business-lendingcommercial-financingstate-licensingcalifornia-financing-law

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