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Here's the latest from De Bank News in Texas.

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Governor Greg Abbott has signed HB 700, a new law

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that prohibits sales-based financing providers from

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automatically debiting any merchant's account

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unless they hold a perfected first

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position security interest.

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This law effective September 1st, 2025, applies

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to transactions where payments fluctuate with sales activity

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and exempt certain financial institutions like banks

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and credit unions.

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Meanwhile, de banked has successfully migrated the Lend

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Academy P two P lending forum to daily funder

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after acquiring it in 2021.

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The forum once the most popular in the US faced data loss

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issues, but Deb banked managed to restore much of it

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through forensic techniques,

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and it is now integrated into daily Funders platform.

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The leading small business finance forum in the US in a

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related development in the financial technology sector.

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Cloud Square has announced a new lender,

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API module in partnership

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with Loot Enhancing Its Merchant Cash Advance CRM

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built on Salesforce.

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This integration allows brokers

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to manage deals more efficiently with real-time tracking,

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automated offer generation

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and streamlined processes,

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reinforcing Cloud Square's position

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as a leader in Salesforce powered Lending solutions.

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That's all for now.

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Keep your ear to the ground with Deb banked

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and register for the next big industry conference this

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October in Las Vegas, B2B Finance Expo.

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We'll see you there.