Compliance

06 Mar: California’s New Debt Collection Law: Major Implications for Small Business Loans

Starting July 1, 2025, California’s debt collection landscape will change significantly, with new regulations that impact small business loans. For creditors and debt collectors in the commercial finance space, the state’s latest law imposes strict protections typically reserved for consumer debt—putting new demands on collections for commercial loans of $500,000 or less. The new rules could have major implications, especially for in-house collection teams and creditors, who will now be subject to the same restrictions as consumer debt collectors.

31 Jan: New Wave of Penalties: U.S. Tightens Grip on Import and Export Compliance

Compliance with U.S. import and export regulations has never been more critical—or more costly. Over the past six months, the number of penalties issued by the U.S. Department of Commerce for trade violations has surged, with fines set to increase further.

Among the penalties being raised are those related to the import and export of seafood and wildlife, foreign trade zones, and violations of the 2018 Export Controls Act. While individual fine increases may seem minor—rising by a few hundred dollars per violation—the overall trend signals stricter enforcement and a growing financial risk for businesses engaged in international trade.