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Regulation & Policy
State commercial financing disclosure and registration laws, CFPB and SBA rules, licensing and the policy fights shaping business lending.
The Attorney General Races That Matter for Alternative Business Lending
Voters in 30 states chose attorneys general. In Florida, Georgia and Kansas, the winner is the only enforcer of the state's commercial financing disclosure law, and New York's office has brought the biggest MCA cases.
4 min read
Election Day 2026: What the People Shaping Small Business Lending Have Said
As votes are counted, here is what 11 officials who shape small business lending have said about Section 1071, SBA loans and merchant cash advances, in their own words.
6 min read
2026 Election: What Could Change for Business Lending, and What Won’t
What could the 2026 election change for business lending? Explore Section 1071, nonbank SBA lending proposals and the rules that remain in place.
3 min read
Texas Financing Registration Deadline Nears: What Funders and Brokers Should Know
Texas’ December 31 financing registration deadline is approaching for covered sales-based financing providers and brokers. Review NMLS filing steps and resources.
2 min read
Ripple Wins Final OCC Approval for National Trust Bank
Ripple secures final OCC approval for a national trust bank. Explore what the charter covers, how RLUSD fits, and what it means for financial infrastructure.
3 min read
Commercial Finance Registration Database — 761 Registrations, Four States, One Search
Search every registered commercial finance provider and broker in VA, CT, MO, and Utah: 761 registrations from official state records, updated monthly. For Funder Intel members.
3 min read
SOP 50 10 8.1 Is Live: What Changed for SBA Acquisition Deals
SBA's SOP 50 10 8.1 is now in effect, changing valuations, QoE reports, and outside-investor equity on acquisitions. What brokers need to requote.
5 min read
Newsom Signs AB 2116: California Will License Commercial Finance — Here's Who's Already on a State Registry
Newsom signed AB 2116: DFPI licenses required for MCA, factoring & commercial finance by July 2028. Plus: search 441 state registrations in our new member database.
4 min read
Two SBA Nonbank Lenders Drove Most Defaults as OIG Questions Years of Oversight
Two nonbank SBA lenders drove most SBLC defaults as OIG found repeated deficiencies and weaknesses in SBA oversight.
6 min read
870,000 Suspended Borrowers, and the Question Nobody Answered
Vance announced 870,000 pandemic-loan borrowers barred from federal credit. The surge behind it charged 160.
4 min read
SBA SOP 50 10 8.1: 7 Things Brokers Need to Know Before October 1
SBA SOP 50 10 8.1 takes effect October 1, 2026. What changes for 7(a) acquisition deals: 1.25x DSC, mandatory Quality of Earnings at $3M, capped investor equity, and the seller note myth.
6 min read
California AB 2116 Clears Legislature, Setting Up Licensing for Commercial Finance Providers and Brokers
California AB 2116 has cleared the Legislature and could require commercial finance providers and brokers to obtain DFPI licenses beginning in 2028.
6 min read
FinCEN Ends Beneficial Ownership Reporting
FinCEN's final rule ends beneficial ownership reporting for U.S. companies and deletes collected data. The pros, the criticism, and what it means for lenders
4 min read
Do You Need a License to Broker Business Loans? A 2026 State-by-State Guide
Business loan brokers may need state licenses, registrations, bonds, or filings. See the 2026 rules for MCA, sales-based financing, commercial loans, and broker fees.
20 min read
Texas just closed a HB 700 workaround
The OCCC's finalized rules for HB 700 (7 TAC §86.313, effective July 9) settled the two questions everyone in sales-based financing was asking.
1 min read
State AGs Challenge Fintech Bank Acquisitions by OppFi and Enova
Twenty state AGs urged the OCC, FDIC, and Fed to block OppFi's and Enova's bank acquisitions. What the fight over fintech bank acquisitions means for SMB lending.
2 min read
Vermont Commercial Financing Law: The One-Year Clock for MCA, RBF, and Factoring
Vermont's new commercial financing law (Act 142) puts MCA, RBF, and factoring under lender licensing by July 2027. What funders and ISOs must do now.
4 min read
Supreme Court Blocks Trump From Removing Fed Governor Lisa Cook
The Supreme Court blocked Trump from removing Fed Governor Lisa Cook, preserving a key line around Fed independence and monetary policy.
3 min read
Guilt by Portfolio: Why a Senator Wants the SBA to Probe Lenders the USDA Just Barred
Sen. Joni Ernst wants the SBA to probe lenders that the USDA expelled. Inside the government-guaranteed lending crackdown, and the due-process questions.
4 min read
The CFPB Is Investigating Community Lenders the White House Wants Defunded - Here’s What’s Actually Happening
CFPB Is Investigating Community Lenders: The CFPB is probing at least four CDFIs while $500M+ in approved funding sits frozen. What it means for community lending and...
4 min read
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