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Category: Merchant Cash Advance

Meet CFGMS at deBanked Connect Miami 2024!
Meet CFGMS at deBanked Connect Miami 2024!
Join CFG Merchant Solutions at the annual deBanked Connect Miami on January 11th at The Miami Beach Convention Center. This event brings together brokers, funders, and other professionals in the revenue-based financing industry for a day of education, networking, and camaraderie. deBanked Connect Miami Event Overview deBanked Connect Miami, hosted on the fourth floor in […]
Florida Enacts Commercial Financing Disclosure Law: HB 1353 
Florida Enacts Commercial Financing Disclosure Law: HB 1353 
On June 26, 2023, Florida Governor Ron DeSantis took a significant step towards ensuring transparency and consumer protection in the commercial financing industry by signing the Florida Commercial Financing Disclosure Law (FCFDL) into effect. This landmark legislation introduces comprehensive disclosure requirements for covered commercial financing transactions. It outlines specific prohibitions for brokers, including collecting advance […]
Georgia Takes a Bold Step: New Disclosure Requirements for Small Business Financing
Georgia Takes a Bold Step: New Disclosure Requirements for Small Business Financing
In a significant move towards transparency and consumer protection, Georgia has become the fifth U.S. state to enforce small business financing disclosure requirements. These disclosure regulations began in 2018 when California pioneered such legislation. Governor Brian Kemp signed Georgia Senate Bill 90 on May 1, 2023, which is set to take effect on January 1, […]
Connecticut Senate Bill 1032: What Commercial Financing Providers Need to Know
Connecticut Senate Bill 1032: What Commercial Financing Providers Need to Know
Connecticut has joined the ranks of states championing transparency and consumer protection in commercial financing. On June 28, Governor Ned Lamont signed Senate Bill 1032, titled “An Act Requiring Certain Financing Disclosures.” This legislation mandates providers of sales-based commercial financing to make comprehensive disclosures to borrowers. Connecticut now stands alongside states like Utah, California, Georgia, […]

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