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Expert Analysis

Time May Not Solve Compliance Issues With NY Lending Law

By Deborah Enea, Ashleigh Huggett and Frank Montes de Oca (March 28, 2022, 5:53 PM EDT) -- On Dec. 31, 2021, the New York Department of Financial Services announced that commercial finance providers doing business in New York state will receive additional time to comply with the New York state Commercial Finance Disclosure Law, which requires certain commercial finance providers to provide business borrowers with lending disclosures.[1]...

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