California AR Factoring: Understanding Regulatory Oversight
17 Dec, 2024
Regulatory oversight of AR factoring in California involves a mix of state and federal agencies tasked with ensuring ethical practices. The California Department of Financial Protection and Innovation (DFPI) requires factoring companies to obtain licenses and comply with state regulations. On a federal level, agencies like the Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) enforce rules against deceptive practices and promote transparency.
State Financial Corporation, located in California, provides businesses with fast, flexible accounts receivable financing. We help manufacturers, distributors, and service providers unlock capital tied up in unpaid invoices, offering asset-based lending solutions designed to improve cash flow.
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