- 1Texas's MCA ACH prohibition was the most-read story of 2025.
- 2The SBA barred refinancing MCAs and factoring agreements with certain 7(a) loans.
- 3The CFPB proposed taking MCAs out of its Section 1071 rule.
Merchant cash advance news still dominated readership in 2025. The source publication closed out its 15th year online, and the five most-read stories of the year were:
1. Texas enacted an MCA ACH ban
Texas now bars commercial sales-based financing providers from pulling payments from a merchant's bank account by ACH unless they hold a perfected first position. Read the report on the governor signing the prohibition into law.
2. SBA bars refinancing MCAs
The SBA said merchant cash advances and factoring agreements are not eligible for refinancing under Standard 7(a), 7(a) Small, SBA Express, Export Express and International Trade loans. See the story on restrictions on use of proceeds.
3. CFPB moves to drop MCAs from Section 1071
After years of preparation for MCAs to fall under the CFPB's small business loan data collection rules, the agency proposed taking them out. The coverage is here: CFPB reverses course on MCAs and Section 1071.
4. A proposed fix for backdooring
One of the year's biggest stories offered a watermark-style solution to the backdooring problem. See Getting Backdoored? Put Your Mark on the Docs.
5. New California law takes effect Jan. 1, 2026
Published at the very end of the year, the piece asked whether brokers and funders were ready for the new California law and still ranked fifth. Read Brokers and Funders: Are You Ready for Changes to California Law?
Source reporting: deBanked.
