The short answer

New Jersey has no commercial financing disclosure law in force — Senate Bill 1760 has been introduced but not enacted, despite being widely listed as law.

Checked 30 August 2026. This is a summary of what the rules are, not legal advice on what to do about them — and secondary sources disagree on several of these effective dates, usually because a statute’s own effective date and the date compliance is actually required are different. Confirm against the statute.

No disclosure law

New Jersey is not one of the ten states requiring a standardised commercial financing disclosure. The full list is on the hub page.

Registration and licensing

None specific to commercial financing. General New Jersey licensing rules apply as they would to any business.

Calling into New Jersey

Federal TCPA plus New Jersey’s telemarketing statute. New Jersey does not operate an FTSA-style regime with per-violation statutory damages for autodialled business calls.

What changes for a broker

• There is no New Jersey disclosure obligation to comply with today. If a vendor or a compliance vendor tells you otherwise, ask them to name the statute.
• Senate Bill 1760 proposes requirements across sales-based, closed-end, open-end and factoring transactions, with exemptions for providers doing fewer than five transactions a year or transactions above $500,000. Those thresholds are worth knowing now, because they are what would apply.
• New Jersey merchants are frequently funded on New York-governed paper, so the New York rules often reach the deal even though the New Jersey ones do not.

What New Jersey files look like

Dense, diverse and closely tied to the New York funding market. Logistics around the ports, construction, restaurants, healthcare practices and a large professional services base. Merchants here are advance-literate for the same reason New York merchants are.

Questions