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Texas Tightens Sales-Based Financing Rules Under HB 700
Texas HB 700 rules bring NMLS registration, stricter disclosures and debit limits to sales-based financing, impacting MCA and RBF providers.
Jul 1


Texas Builder Sues Funder Over $2.5m in MCAs Testing New Law
A San Antonio construction company is using Texas HB 700 to challenge $2.5M in merchant cash advances in one of the first lawsuits to test the state's new commercial financing law.
May 20


Fundkite offering Sales-Based Financing in Texas
Fundkite, founded in 2015, offers multiple financial solutions to the ongoing problems businesses face. Its CEO, Alex Shvarts, has been featured on CNBC and on the Forbes Technology Council. In speaking with Mr. Shvarts, he says that their financing structure is proprietary, and he will only say they have created a payment system that complies with Texas law.
Sep 26, 2025


Texas HB 700 Takes Effect Today: What Small Business Funders Need to Know
As of September 1, 2025, Texas HB 700 officially reshapes the commercial funding environment in the state. This landmark legislation introduces significant regulatory requirements for merchant cash advance (MCA) and revenue-based financing—also known as commercial sales-based financing (CSBF).
Sep 1, 2025
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