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Uniform Commercial Code (UCC) Financial Services Industry Usury

Alston & Bird

Texas Commercial Sales- Based Financing Law Poses Unique Challenges to Financial Services Industry

Alston & Bird on

What Happened? Following the path of nine other states that have enacted laws to regulate commercial non real estate secured financing, on May 28, 2025, the Texas legislature passed a “commercial sales-based financing” bill,...more

Troutman Pepper Locke

New York Case Is a Win for the Merchant Cash Advance Industry

Troutman Pepper Locke on

Providers of cash advances repaid by sales of future receivables in New York can have greater confidence that these advances are not loans and are not subject to usury laws. On March 16, the Supreme Court of New York,...more

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