California commercial financing disclosure.

The short version.

California has a commercial financing disclosure framework administered by the Department of Financial Protection and Innovation (DFPI). When a business in California is offered covered commercial financing, the framework calls for the recipient to receive standardized cost and term information at the offer stage, so similar offers can be compared on a consistent basis before anything is signed.

AI Cash Advance is a funding broker, not a lender or a direct funder. We take your funding request, qualify it, and refer it to third-party funding partners. The specific offer, and the disclosure that comes with it, originates from the funding partner that extends the offer, not from AI Cash Advance.

What you should receive at the offer stage.

California's framework is built around comparison-shopping. The standardized disclosure generally presents the key economics of an offer in a consistent format. Depending on the offer, that typically includes items such as:

• The funding amount provided to your business.
• The finance charge or total cost of the financing.
• An annualized rate, presented so it can be compared across offers.
• The payment amount and schedule, including how payments are collected.
• Any prepayment terms, so you understand what happens if you pay early.

The point of the format is comparison. Two offers shown the same way are far easier to weigh than two offers described in two different vocabularies.

Our role, stated plainly.

• We are a broker. AI Cash Advance is a funding broker and intermediary. We are not the provider of the financing and we are not a lender.
• The funder makes the offer. The cost, terms, and the California disclosure that accompanies a specific offer come from the third-party funding partner extending it.
• We may be compensated by funders. When a deal is funded, AI Cash Advance may receive compensation from the funding partner.
• No registration is claimed here. This notice describes California's framework generally. It does not assert any particular registration or licensing status for AI Cash Advance.

A few terms, defined.

Commercial financing

Financing extended for a business or commercial purpose rather than a consumer one. California's framework covers several forms of commercial financing offered to recipients in the state.

Recipient

The business that is offered, or that receives, commercial financing. The recipient is the party who receives the standardized disclosures.

Provider

The party that extends a specific offer of commercial financing. In our model, the provider is one of our third-party funding partners, not AI Cash Advance.

DFPI

The California Department of Financial Protection and Innovation, the state agency that administers California's commercial financing disclosure framework.

APR-equivalent

An annualized cost figure shown for a merchant cash advance for comparison only. An advance has no contractual APR because it is a purchase of receivables, not a loan.

Where to learn more.

The DFPI publishes information about California's commercial financing disclosure requirements on its website. For details on how we compute the annualized figures our calculators display, see our open methodology, how we calculate the true APR. To understand where products are available and how state rules differ, see our state availability page.

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