Maryland, Illinois Reintroduce Commercial Finance Bills
January 27, 2025
| By: deBanked Staff
On January 24, legislators in both Illinois and Maryland introduced the latest edition of commercial finance bills. In Illinois it’s the Small Business Financing Transparency Act which would mandate that sales-based finance providers register with the state and include an APR on every agreement. In Maryland it’s the Small Business Truth in Lending Act which is a renewal of its push from 2024.
Last modified: January 27, 2025
