Our Product Counsel team advises on the entire product life cycle, including design, launch and ongoing refinement of fintech products and services. We have extensive in-house experience building consumer, investor, and business products for clients across a range of industries, and we regularly counsel loan and buy-now-pay-later originators, loan brokers, earned wage access providers, money transmitters, marketplace platforms, mortgage lenders, home-sharing and co-living platforms, and real estate brokers.
We regularly:
We deliver actionable advice to our clients based on their appropriate risk tolerance and business goals. Scale is a tech-forward, remote-first law firm, which gives our attorneys the ability to tailor services to client needs at every stage of growth.
OCC Bulletin Offers Guidance on Venture Lending
In the wake of the Silicon Valley Bank crisis and other incidents of banking distress last year, new participants continue to enter the venture debt market — resulting in the formation of new banking relationships. Accordingly, the Office of the Comptroller of the Currency (“OCC”) issued Bulletin 2023-34 (the “Bulletin”) to address what it sees as “heightened uncertainty” created by these developments.
California’s New Small Business Commercial Financing Regulations
The goal of S.B. 666 is to protect small business borrowers by restricting the types of fees they may be charged by brokers or providers of certain business loans.3 In this article, we address key issues arising under S.B. 666 for both borrowers and lenders.
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