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Nicole Patel

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Nicole Patel

Provider pro

Partner, MCA Practice @ Legion Legal Group

New York, NY Joined September 2025 Online

Attorney specializing in MCA contract law, UCC filings, and regulatory compliance. Advising funders and ISOs on legal best practices since 2016.

Expert
3.1K pts to Legend
6.9KPoints
0Deals
35Reviews
regulatory
Nicole PatelProviderLegion Legal Group·Oct 13

Quick read on the California disclosure amendments: estimated APR must now appear on the first page of the offer summary, and brokers are explicitly in scope for the recordkeeping requirement. Effective Jan 1. Happy to answer questions here.

Regulatory
California SB-1247: New MCA Disclosure Requirements Explained — What Funders and Brokers Need to Know in 2026
Governor Newsom signs SB-1247 into law, mandating standardized APR disclosures, cooling-off periods, and compliance frameworks for all merchant cash advance providers operating in California. Here's what changes and when.
8 min read
28Reply+1active on Oct 13

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