Georgia Funding
Commercial financing disclosure context for Georgia
Overview
Georgia requires disclosures for covered commercial financing transactions under Georgia Code Section 10-1-393.18.
Transaction scope
Covered commercial loans, commercial open-end credit plans, and accounts receivable purchase transactions of $500,000 or less, subject to statutory exemptions.
Reviewed status
Applies to covered transactions consummated on or after January 1, 2024.
Last reviewed 2026-05-11
Key Requirements
- Disclose required terms before consummating a covered commercial financing transaction
- Do not collect prohibited broker advance fees except permitted actual-service costs
- Avoid false or misleading broker or financing representations
- Include variable-payment methodology when payments can vary
Required Disclosures
- Total amount of funds provided
- Total amount of funds disbursed
- Total amount to be paid to the provider
- Total dollar cost of the transaction
- Manner, frequency, and amount of each payment
- Costs or discounts associated with prepayment
Penalties for Non-Compliance
- Civil penalty of $500 per violation, capped at $20,000 for violations from the same materials
- Civil penalty of $1,000 per violation after written notice, capped at $50,000 for violations from the same materials
- Attorney General enforcement
Registration and Enforcement Notes
The disclosure law does not create a blanket Georgia provider-registration requirement for covered commercial financing providers.
The Georgia Attorney General may enforce the statute. The statute states that it does not create a private right of action and does not affect enforceability of the underlying agreement.
Additional Resources
How Alpha Capital Group Reviews State Context
At Alpha Capital Group, we review state-specific commercial financing requirements with product structure, transaction size, and partner obligations in mind. Our process is designed to support:
- Complete transparency in all financing terms
- Clear disclosure of fees, rates, and payment structures
- Review of applicable state-specific registration requirements
- Adherence to all telemarketing and solicitation laws
- Maintenance of required records and documentation
Our team reviews state-level commercial financing disclosure context and partner requirements as part of business-purpose funding preparation. This page is informational and is not legal advice.
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