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What states regulate invoice factoring as normal lending and require a lending license?

New York

We need to confirm what the available legal recourse for subcontractors is in those specific states. If there's any available resources to dive into the details here, that would be helpful as well.

1 reply

Mar 28, 2022
This is a complicated question. I have located a website that may help you. https://www.businessnameusa.com/BusinessType/factoring%20invoices.aspx
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