On Thursday, July 23, 2020, the New York State Legislature voted to approve companion bills (S 5470/A 10118-A), commonly referred to as the “New York State Small Business Truth in Lending Act” (NY TILA). In passing the NY...more
7/31/2020
/ Banking Sector ,
Commercial Loans ,
Department of Business Oversight ,
Disclosure Requirements ,
Financial Institutions ,
Financial Services Industry ,
Governor Cuomo ,
Merchant Cash Advance (MCA) ,
Securitization ,
Small Business Loans ,
Truth in Lending Act (TILA)