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CFG Merchant Solutions is excited to announce the launch of a brand-new loan product — a significant step in our ongoing mission to unlock capital for small businesses nationwide.

On Saturday, June 21, 2025, Texas Governor Greg Abbott signed House Bill 700 into law, setting the stage for a significant regulatory shift in how sales-based financing, including merchant cash advances (MCAs), can be offered in the state.

It’s said that things are bigger in Texas, but for Sales-Based Financing, that may no longer be a possibility. Thanks to a Texas billionaire, financing options for businesses are set to be reduced if Texas Governor Greg Abbott signs HB 700 into law before Saturday, June 22nd, although hope remains for something to change. 

FundMerica accepts as true that neither Forth nor Centrex had any involvement in the data incident at issue. Any prior statements made by FundMerica to the contrary are retracted and withdrawn. --- Last night there was an amendment brought by Senator Charles Perry (R) that could make it all but impossible to make Sales-Based Financing (see revenue-based financing and mca) in the state of Texas.