States with MCA-specific laws
These states have enacted disclosure, registration or other rules aimed at merchant cash advances.
- California — Disclosures, junk-fee ban, COJ ban, licensing from 2028
- Connecticut — Registration, disclosures, no account freezes without a hearing
- Florida — Disclosure law and a broker advance-fee ban
- Georgia — Disclosure law and limits on confessions of judgment
- Kansas — 2024 disclosure law and broker fee limits
- Louisiana — 2025 revenue-based financing disclosures
- Missouri — Disclosure law and broker registration
- New Jersey — Our home state: confessions of judgment banned for business financing
- New York — CPLR 3218, criminal usury and the $1B Yellowstone judgment
- Texas — HB 700: registration and limits on automatic debits
- Utah — Registration and disclosures up to $1 million
- Vermont — Act 142: licensing, APR disclosures and COJ ban from July 2027
- Virginia — Registration, COJ ban, suits must stay in Virginia
All other states
No MCA-specific statute yet, but confession-of-judgment and usury rules still differ a lot from state to state.
- Alabama
- Alaska
- Arizona
- Arkansas
- Colorado
- Delaware
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kentucky
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Mexico
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Washington
- Washington, D.C.
- West Virginia
- Wisconsin
- Wyoming
Why your state matters
Two sets of rules shape every merchant cash advance. The first is the law your contract chooses, which for most MCAs is New York. The second is the law where your business is located. That second set decides whether you were owed a cost disclosure, whether a confession of judgment can be used against you, whether a broker could charge you up front, and how a judgment from another state is enforced. For a side-by-side view, read what state MCA disclosure laws actually change and what a confession of judgment means in an MCA.
Nationwide, flat-fee and independent
Wherever you are, the work is the same: we review your MCA contracts and bank statements, model what each funder is really owed, and lay out your options in writing. We don't lend, broker or take a percentage of any settlement. Learn more about our MCA debt relief consulting or start with the MCA debt guide.
Frequently asked questions
Renaissance Capital Advisors provides strategic consulting services only. We are not licensed attorneys, CPAs, or financial advisors, and we are not a debt settlement company. Nothing on this page constitutes legal, tax, accounting, or financial advice. Consult a licensed professional before making binding decisions.