Federal Trade Commission — merchant cash advance enforcement
The FTC has described merchant cash advances as alternative small-business financing in which businesses receive funds in exchange for future revenue and has brought enforcement actions involving deceptive terms and unauthorized withdrawals. These cases are useful reminders to verify the amount received, amount collected, payment authorization and contract terms.
- FTC: Merchant Cash Advance Providers Banned from Industry
- FTC: 2024 merchant cash advance judgment
- FTC business guidance: small-business financing transparency
National Association of Secretaries of State — UCC
NASS maintains links to state UCC filing systems and explains that UCC financing statements provide public notice of creditor interests in assets used for secured transactions.
U.S. Small Business Administration — alternative comparison
SBA resources are used when our comparison articles discuss SBA-backed loan programs and lender matching. SBA financing is separate from merchant cash advances.
Consumer Financial Protection Bureau — small-business credit market
CFPB resources are used for background on small-business credit-market transparency and reporting requirements where relevant.
Provider agreements control transactions
Actual qualifications, pricing, remittance, reconciliation, security interests, guaranties and default provisions are determined by the specific provider and contract. A general article cannot replace reading the agreement.