California’s SB 666, recently introduced by Senator Dave Min, changes the landscape of commercial financing transactions with small businesses in the state. While aimed at protecting small businesses, it’s essential to consider the potential implications for Asset-Based Lenders operating here. Key Points to Note: Fee Structure Challenges SB 666 restricts certain fees, including automated clearinghouse […]

Its Thursday at 4pm. Payroll is tomorrow, and your business bank account is quickly approaching the negative. You’re confused. This was one of your best months yet with sales through the roof – but they’re all on terms. You’re forced to wait 30, 60 or even 90-days to get paid. This scenario is all too […]