Source-led developments across small-business finance, alternative credit, and underwriting technology—reported clearly, with the operational takeaway separated from the facts.
M&A
InterVest affiliate acquires Kapitus
Kapitus says it has been acquired by an affiliate of InterVest capital partners and will continue operating independently.
What was reported
Kapitus said it was acquired by an affiliate of InterVest capital partners.
Kapitus said it will continue operating independently.
Financial terms were not included in the announcement.
The announcement was published as a company press release.
Dated federal and state developments that can affect MCA providers, brokers, disclosures, data collection, servicing, and offer workflows. Requirements turn on jurisdiction, transaction structure, thresholds, exemptions, and current guidance. These summaries are reporting, not legal advice.
TexasRegulation
Texas HB 700 rules narrow the recurring-debit path for MCA funders
Texas's final Chapter 398 rules took effect July 9, 2026. They require accurate offer disclosures, transaction records, an OCCC contract notice, and controls against unfair, deceptive, or abusive practices. A provider or broker may use recurring account debits only when it holds a validly perfected, first-priority security interest in all of the recipient's accounts receivable; a third party cannot complete a debit the provider could not lawfully make.
CFPB excludes defined merchant cash advances from revised Section 1071 coverage
The CFPB's reconsideration rule adds a defined merchant cash advance transaction to Regulation B's excluded transactions and extends the rule's compliance date to January 1, 2028.
New York adopts Part 600 commercial-financing disclosure regulation
New York DFS adopted rules implementing the Commercial Finance Disclosure Law for covered financings up to $2.5 million, including sales-based financing.
Utah registration and disclosure provisions take effect
Utah's Commercial Financing Registration and Disclosure Act made provider registration and transaction disclosure provisions effective January 1, 2023.
California commercial-financing disclosures take effect
California's commercial-financing disclosure regulations took effect for covered products including merchant cash advances, factoring, and commercial loans.
FTC returns more than $9.7 million in Yellowstone Capital redress
The FTC said it sent 7,731 checks to small businesses after settling allegations involving unauthorized withdrawals and misleading financing representations.
We attribute company announcements and government actions to their published sources. Duality commentary is clearly labeled as analysis or an operational signal, and readers can open the underlying source for the complete statement or rule.