One little quirk exists though, what if the loan is for exactly $2,500,000.00? The law would seem to point to the fact that a transaction in the exact amount of $2.5MM is still governed by SB 5740, but not governed any longer under criminal usury since in New York criminal usury is capped at $2,499,999.00
merchant cash advance iso list | Grantphillipslaw.com
Find the most comprehensive merchant cash advance ISO list at Grantphillipslaw.com. Our trusted legal expertise will guide you through the process.
Write a comment ...