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New York MCA Laws Updated

Originally, SB 5740 governed loans of less than $500,000.00. Now, as amended by SB 898, the law applies to commercial lending transactions, including Merchant Cash Advance, of less than $2,500,000.00.



https://grantphillipslaw.com/n....ew-york-mca-laws-upd

New York Enacts APR Disclosure Laws

In order to be a loan, money must be given and repaid no matter what. With a legal Merchant Cash Advance, Courts hold that the money received by the corporate borrower is not being loaned but is rather money provided today for the rights to receive a massive chunk of the corporation’s future receivables.



https://grantphillipslaw.com/n....ew-york-enacts-apr-d

How Set Builders in the UK Collaborate with Designers to Realise a Director’s Vision

Bringing a theatre production to life is a complex endeavor that requires seamless collaboration among various professionals. In the UK, Set Builders play a pivotal role in transforming creative concepts into tangible stage environments. This process involves close coordination with Theatre Designers and other stakeholders to ensure the director’s vision is effectively realised.​

https://www.scottfleary.com/bl....ogs/how-set-builders

Merchant Cash Advance 101 – Explained

With an abundance of new regulation, credit underwriting standards inevitably increased to such an extent, that most small businesses were left out in the cold, unable to obtain working or start-up capital, thus leaving a massive void in the lending to small business space.



https://grantphillipslaw.com/m....erchant-cash-advance

New York MCA Final Disclosure Laws

The final rules limit the CFDL to transactions where the recipient is directed or managed from New York or is a resident of New York. This is very similar to California’s law. Both NY and CA allow a Merchant Cash Advance Funder to rely on the business address provided by the recipient in its application for financing to make the determination.



https://grantphillipslaw.com/n....ew-york-mca-final-di

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