- 1CFG Merchant Solutions starts a new loan product in Texas on September 1.
- 2The loan is structured as fixed-term and installment-based.
- 3Expansion to additional states is planned, with product details to follow.
CFG Merchant Solutions has announced a new loan product, starting in Texas on September 1, with expansion to other states planned in the near future. The New York company made the announcement on August 25, 2025.
The product
The offering will be structured as a fixed-term, installment-based loan. CFG says it will keep the customer-first approach and streamlined process that clients and partners expect from the company. The company describes the launch as a step in its mission to provide everyday working capital for small businesses nationwide.
The announcement did not specify loan amounts, pricing or term lengths. CFG said additional product details and operational updates will be shared soon on its website and supporting social media channels.
Who it is for
CFG framed the launch as an opportunity for the company, its ISO partners and the small business owners it serves. The company's press contact for questions is Nick DeFeis, Head of Marketing.
Context
The September 1 start date matches the date Texas began implementing its prohibition on ACH debits by sales-based financing providers. The announcement itself does not refer to the law, but the move to a fixed-term installment structure is consistent with the approach several other funders have taken for the Texas market.
Source reporting: deBanked.