U.S. Small Business Lending Disclosure Act: Congress’s Commercial Finance Disclosure Law – Will It Displace State Law? Truth-in-Lending Type Disclosures in
Over the past year, we have reported on the new wave of laws enacted and proposed in various states requiring consumer-like disclosures in commercial financing transactions. These state laws are often titled “Commercial Finance Disclosure Laws.” New York and California are two states that have enacted similar CFDLs. Those laws