Legal Risks: Penalties for Non-Compliance in Revenue-Based Financing debanked.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from debanked.com Daily Mail and Mail on Sunday newspapers.
Georgia has become the fifth US state to enact small business financing disclosure requirements since California started the trend in 2018. Georgia Senate Bill 90 [pdf] was signed by Governor Brian Kemp.
In December 2021, the Bureau of Consumer Financial Protection (or the “CFPB”) issued a notice and request for comment (the “Notice”) on its intention to make a preemption determination.
There is a growing need for alternative sources of capital for businesses that either cannot obtain, or do not want, traditional loans or private equity investments. Traditionally,.
The growing popularity of revenue-based financing, and the need for regulations like those in place in Virginia, New York, Utah, and California, make revenue-based financing an area of focus in 2022. Revenue-based financers should closely monitor state regulations.