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California licensee loan activity for 2013

October, 2014 – The Department of Business Oversight released the 2013 Report of California Finance Lender License activity shows that licensee made $7.9B on $59.5B of commercial loans, and $3.57B on $18.5B of consumer loans with the average commercial loan being $106,650, and the average consumer loan $43,521.  Real estate secured 87.3% of consumer loans.

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