Last week, the California Department of Business Oversight published the 2019 annual report form for California Financing Law licensees. CFL licensees must log into the self-service portal on the DBO’s website to complete the report. The deadline to submit the report is March 15, 2020. The DBO does not grant filing extensions, and missing the deadline may result in monetary penalties and/or suspension or revocation of the license. We suggest you submit your report early as the DBO’s systems become increasingly slower as the filing deadline approaches.
In addition to the report form, the DBO published the following supplemental materials:
For additional information, review our recent webcast on periodic reporting, or register for APPROVED’s February 26 Checkpoint webcast focused on the CFL.
And, of course, for assistance with preparing and submitting license reports, please do not hesitate to contact APPROVED.