Quote Originally Posted by DiamondBL View Post
It's not easy getting ACH approved or getting licensed (at least in CA).

Calif use to be one of the easier states to get licenced for securities, loans etc, and if you got a licence in NY there was reciprocity.

Commercial lending ( broker ) isnt that hard to get once you are in the system...and again reciprocity, just fees

Calif is a pain in the butt with the audits though

Nothing compares to sec regulations, finra etc so maybe thats why I do not think its that hard.