JULY 2025 INDUSTRY NEWS AND TRENDS
Texas passes landmark bill protecting businesses from MCAs
Texas recently passed a landmark bill regulating the Merchant Cash Advance (MCA) industry and providing businesses with greater protection against predatory financing tactics. The Act takes effect on September 1, 2025. The Act requires MCAs to provide detailed disclosures for financing under $1 million and register with the Texas Office of Consumer Credit Commissioner. It also prohibits MCAs from automatically debiting accounts unless it holds a first priority security interest.
Trump’s megabill: How will it impact your business?
CFODive rounds up some of the reactions to Trump’s reconciliation bill to determine how it might impact U.S. businesses. The responses were mixed, with the U.S. Chamber of Commerce describing it as a win for economic growth, while other sources homed in on the negative impact on federal tax revenue. While many had concerns about the impact on the debt ceiling, overall, the consensus is that it will have a positive effect on the markets and corporate earnings.
How the Big Beautiful Bill could improve access to business funding
Fortune published an article about the One Big Beautiful Bill Act (OBBBA) that dives into its impact on the rules around Qualified Small Business Stock (QSBS). These changes are good news for some small businesses, as they will expand eligibility and qualify more companies as QSBs as well as making them more attractive as investments. This could result in a boost for small businesses, especially those that have a rapid growth trajectory.
