Beginning early 2010, after the Great Recession, when the American housing market blew up and the world fell into a financial crisis, conventional banking institutions, for example Chase Bank and Citi, were unwilling to extend credit to small businesses. As a direct...
New York’s Commercial Financing Disclosure Law SB 5740UPDATED AND CLARIFIEDNEW REGULATION GOVERNING MERCHANT CASH ADVANCE POSITIONS IN THE STATE OF NEW YORKJune 2, 2021SB 5740 is New York State’s new law (commencing January 1st, 2021), requiring non-conventional...
NEW YORK PASSES MERCHANT CASH ADVANCE REGULATIONCOMMENCING – JANUARY 1st 2022“New York State Adopts Truth In Lending (TILA) – Like Disclosure Law for Business Loans, including Merchant Cash Advance and Purchase of Future Receivables.”The Birth of S.B 5470On...
Only a Consumer Debt Relief Attorney Can Help You With Total & Lasting Debt Elimination! This applies to most forms of debt, including but not limited to Merchant Cash Advance Loans, Payday Loans, Hard Money Loans, IRS Tax Debt, Medical Bills, Credit Card Debt and...
