
California
California SB 1235 — The MCA Loan Disclosure Law You Need to Know
California SB 1235 was introduced to bring transparency to Merchant Cash Advances (MCAs). These financing tools are popular with small businesses seeking quick capital. But they often come with hidden costs and confusing repayment terms. Many borrowers end up with stacked loans and multiple daily debits that drain cash flow. To address this, California became…
August 25, 20254 min read
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