New commercial financing disclosure requirements will take effect in California on Dec. 9 and the Equipment Leasing and Finance Association is providing critical informational resources to help its members prepare.
“ELFA’s State advocacy team has been lobbying rigorously on the issue of disclosure laws since they were first introduced,” Scott Riehl, VP of state government relations at the ELFA, said. “With the effective date in California just a few weeks away, we are encouraging industry members to consult the association’s resources on this topic. In particular, the recordings of two webinars, which drew more than 1,000 participants and included detailed question-and-answer sessions, should be especially helpful for those who have questions about the new requirements.”
ELFA’s “Lender License and Enhanced Financial Disclosure” has a wide range of materials, including:
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