HR 9632
CASH Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Capital Access for Small Businesses Harmonization Act (CASH Act) requires factoring providers to clearly disclose key terms of factoring facility agreements to small businesses before entering into those agreements. This disclosure includes information about fees, reserve amounts, agreement duration, and how payments are calculated. The goal is to increase transparency and help small businesses understand the costs and conditions of these financing arrangements.
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