SB2677 — Relating to disclosures for certain commercial sales-based financing transactions and the registration of commercial sales-based financing brokers; authorizing a fee and providing a civil penalty.

SB2677 — Relating to disclosures for certain commercial sales-based financing transactions and the registration of commercial sales-based financing brokers; authorizing a fee and providing a civil penalty. · Informed CitizenrySB 2677 creates a new framework for commercial sales-based financing, which is defined as financing where repayments are based on a percentage of sales or revenue rather than for personal, family,…Open in Informed Citizenry