On this page
| Disclosure law | Yes |
|---|---|
| Broker registration | None |
| State calling statute | Yes |
The only state on this list where the calling rule is more likely to hurt you than the financing rule. Florida’s disclosure law is a middleweight; the Florida Telephone Solicitation Act is not, and a broker dialling Florida numbers is exposed under it whether or not a single deal ever funds.
The disclosure requirement
| Statute | Florida Commercial Financing Disclosure Law |
|---|---|
| In force | Signed June 2023, applying to transactions from 1 January 2024. Some summaries cite the statute’s own 2023 effective date instead. |
| Reaches | Transactions of $500,000 or less |
| Must contain | Total amount financed, disbursement amount, total repayment, total dollar cost, payment amounts and frequency, and prepayment terms. |
| Annualised rate | Built around total dollar cost rather than an annualised rate. Not an APR regime in the California or New York sense. |
Calling into Florida
The Florida Telephone Solicitation Act is the sharp edge. It covers automated marketing calls and texts to Florida numbers, defines the triggering equipment more broadly than the post-Duguid federal TCPA does, and carries statutory damages of $500 to $1,500 per violation with a private right of action. A business-to-business exemption exists but the definition of telemarketing is wide enough that relying on it without advice is a bet rather than a position.
What changes for a broker
- The FTSA is the reason to care about how your dialler is configured before you care about how your disclosure is worded. Statutory damages per violation on a list of a thousand numbers is not a rounding error.
- The broad equipment definition means tooling that is safely outside the federal TCPA can still be inside the FTSA.
- If you buy leads, the consent record for a Florida number is the document that matters. Ask for the form as the merchant saw it, the timestamp, the IP and the URL — not an assurance.
- Filtering leads by state is a legitimate risk control here, and a vendor who cannot do it is telling you something about how their leads are built.
What Florida files look like
Extraordinary small-business density and very high formation rates. Restaurants, hospitality, home services and construction dominate; marine and powersports are a genuine Florida-specific niche, and seasonality runs the opposite way to most of the country with the strongest months falling in winter.
Questions
Does Florida regulate merchant cash advances?
Yes. Florida Commercial Financing Disclosure Law applies to transactions of $500,000 or less. Total amount financed, disbursement amount, total repayment, total dollar cost, payment amounts and frequency, and prepayment terms.
Do I need to register to broker MCAs in Florida?
Florida has no commercial-financing-specific registration or licence for brokers. General business licensing applies as it would to any company operating there.
Can I cold call businesses in Florida?
The Florida Telephone Solicitation Act is the sharp edge. It covers automated marketing calls and texts to Florida numbers, defines the triggering equipment more broadly than the post-Duguid federal TCPA does, and carries statutory damages of $500 to $1,500 per violation with a private right of action. A business-to-business exemption exists but the definition of telemarketing is wide enough that relying on it without advice is a bet rather than a position.
Whichever state you are dialling, what protects you is the consent record rather than an assurance from a vendor. That is covered in the compliance guide.
Do you sell MCA leads in Florida?
Yes. Every lead clears the same six minimums wherever the merchant is — $30K+ monthly revenue, $15K+ requested, six months trading, four months of statements available, U.S.-based, and mobile-verified by a 6-digit code. $60 per lead, in packs starting at 50. We can filter your leads by state, which is a real risk control in Florida if you are concerned about the calling rules.