Photo of the California Legislature building in Sacramento, CA.

The Impact of CA SB666

Posted on Leave a commentPosted in Blog, Finance Fundamentals

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 […]