New York Enacts APR Disclosure Laws
meaning: a financial transaction tied to the revenues and receivables that includes an agreement to purchase, transfer, or sell a legally enforceable claim for payment held by a recipient for goods the recipient has supplied or services the recipient has rendered that have been ordered but for which payment has not yet been made, See N.Y. Financial Services ยง 801(a).
https://grantphillipslaw.com/n....ew-york-enacts-apr-d