Missouri Funding
Commercial financing disclosure context for Missouri
Overview
Missouri has a Commercial Financing Disclosure Law for covered commercial financing transactions.
Transaction scope
Covered commercial loans, accounts receivable purchase transactions, and commercial open-end credit plans of $500,000 or less, subject to statutory exemptions.
Reviewed status
Current official section reviewed is effective August 28, 2025; disclosure and broker-registration requirements were tied to the rulemaking timeline described in the statute.
Last reviewed 2026-05-11
Key Requirements
- Provide disclosures at or before consummation of a covered commercial financing transaction
- Brokers must register with the Division of Finance before conducting covered broker business
- Brokers must maintain the required surety bond
- Disclose variable-payment methodology when payments may vary
- Review statutory exemptions for low-volume providers, larger transactions, depository institutions, real-property secured transactions, leases, and other exempt products
Required Disclosures
- Total amount of funds provided
- Total amount of funds disbursed
- Total amount to be paid
- Total dollar cost of financing
- Payment manner, frequency, and amount
- Estimated payments when payment amounts vary
- Prepayment costs or discounts
Penalties for Non-Compliance
- Fine of $500 per incident, capped at $20,000 for aggregated violations from the same materials
- Fine of $1,000 per incident after written notice, capped at $50,000 for aggregated violations from the same materials
- Attorney General enforcement only
Registration and Enforcement Notes
Missouri requires commercial financing brokers to register with the Division of Finance and maintain a $10,000 surety bond. The reviewed statute does not state that every provider must register.
Authority to enforce compliance is vested exclusively in the Missouri Attorney General. The statute says it does not create a private right of action.
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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