New State Commercial Finance Disclosure Laws: Common Themes, Key Differences, Compliance Strategies, Risk Mitigation

Mr. Alonzo is a corporate and financial services attorney. He works with clients at every stage of the corporate lifecycle and advises them daily on a wide range of issues and scenarios. Mr. Alonzo advises clients nationwide on compliance with state and federal laws governing a variety of consumer financial products, including automotive finance companies, FinTech companies and online lenders, mortgage lenders, trade associations, and banks. He also helps clients navigate mergers and acquisitions, private equity investments, real estate transactions, and a wide range of business-related disputes. Mr. Alonzo has significant experience handling state and federal regulatory examinations, as well as counseling businesses on matters involving the Truth in Lending Act, Fair Debt Collection Practices Act, and the Telephone Consumer Protection Act. He has also assisted FinTech companies—both start-ups and well-established organizations—across the country with developing new consumer financial products and services.

Mr. Friedman is a nationally recognized thought leader in fintech, consumer finance, and alternative commercial finance, serving a go-to legal advisor for companies navigating the complexities of the financial services industry. His insights into the financial services industry and regulatory trends have been featured in Bloomberg, National Mortgage News, Dodd-Frank Update, RESPA News, and other leading publications. Mr. Friedman is a frequent speaker for the International Factoring Association, the Online Lender’s Alliance, the American Bar Association, and the Conference on Consumer Finance Law, among other trade groups. He represents a diverse range of clients, including fintech-based small business finance companies, commercial factors, reverse factors, supply chain finance companies, purchase-order finance companies, and embedded finance companies. Mr. Friedman also represents consumer fintech companies, buy-now-pay-later companies, bank and non-bank consumer lenders, and service providers.

Mr. Rosenberg helps clients across the financial services industry navigate the complexities of a highly regulated landscape. His work with fintech companies and state and national banks includes advising them on the regulatory risks posed by state and federal laws intended to protect consumers and small businesses in the credit and alternative finance products industry. He also advises industry trade groups on a variety of matters, including counseling on the impact of pending legislation and rules affecting the group’s members. Mr. Rosenberg drafts comment letters and also provides guidance issues that arise in their day-to-day operations. As a key resource across his clients’ needs, he assists with a variety of transactions, such as secured and unsecured loan agreements, retail installment sales contracts, credit card agreements, and alternative finance agreements. His finance experience also includes performing regulatory due diligence on fintech companies. Mr. Rosenberg provides practical advice on implementing policies and procedures necessary to comply with state and federal law. He assists clients in responding to regulatory inquiries, including those related to the application of state law to bank partnerships and alternative financing products.