The California Department of Business Oversight administers and enforces the California Financing Law (fka Finance Lenders Law). Visitors to the DBO's website will find a basic description of the CFL, including the following statement:
"In addition to the lending authority provided by the law, the California Financing Law provides limited brokering authority. A 'broker' is defined in the law as 'any person engaged in the business of negotiating or performing any act as broker in connection with loans made by a finance lender.' Brokers licensed under this law may only broker loans to lenders that hold a California Finance Lenders license."
The last sentence is questionable, at best. Section 22059, upon which it is presumably based, reads:
"A license to act as a broker under this division does not authorize the licensee to negotiate or perform any act as a broker in connection with loans made or to be made by a lender not licensed as a finance lender under this division."