Becleaver

Hello there! 👋 Happy new month and welcome to June! Can you believe we’re already at the halfway mark of 2026? With just one month left in Q2, this is a great opportunity to pause and evaluate your progress so far. The goals you set at the beginning of the year may have evolved, and […]

Starting a lending business in California requires more than capital and a business plan—it also requires obtaining the appropriate money lending license and complying with state regulations. From meeting financial and legal requirements to submitting applications and maintaining ongoing compliance, the licensing process can be complex for new lenders. This guide breaks down the key steps involved in securing a money lending license in California and what aspiring lenders need to know before launching operations.

Direct debit setup and authorization can be confusing for both lenders and borrowers, especially when it involves mandates, bank approvals, repayment schedules, failed debits, and consent requirements. This article answers some of the most common questions about direct debit systems, explaining how authorization works, how mandates are created and managed, what causes debit failures, and the best practices lenders should follow to ensure compliant and reliable repayment collections.