# Small Business Loans in Louisiana

> Louisiana's economy runs on the Mississippi River — from the petrochemical corridor and deepwater ports between Baton Rouge and New Orleans to the hospitality, seafood, and energy-services businesses that define daily life across the state. Hoss Capital matches Louisiana owners in New Orleans, Baton Rouge, and Shreveport with funding partners that actively lend statewide.

## Key takeaways
- Louisiana's Act 198 (HB 470), effective August 1, 2025, requires written cost and payment disclosures on revenue-based financing transactions — the legal term covering most merchant cash advances.
- The law has no dollar cap or entity exemptions and does not require providers or brokers to register with the state.
- The economy runs on the Mississippi River — petrochemicals, high-tonnage ports, tourism, and seafood — with a single SBA district office in New Orleans covering all 64 parishes.

## Funding the Louisiana economy

Louisiana's economy is shaped by the Mississippi River. The corridor between
Baton Rouge and New Orleans is one of the densest petrochemical and refining
zones in the country, fed by deepwater ports — the Port of South Louisiana and
the Port of New Orleans rank among the busiest in the United States by tonnage.
Layered on top of that industrial base is a hospitality and tourism sector that
draws visitors to New Orleans year-round, a major commercial seafood industry,
and the gaming, healthcare, and military economy that supports Shreveport and
the northern part of the state.

### Industries we fund across Louisiana

- **Energy & oilfield services** — equipment financing and working capital for
  supply-chain firms tied to Gulf production and the Baton Rouge petrochemical
  corridor.
- **Tourism & hospitality** — revenue-based financing and lines of credit to
  help New Orleans restaurants, hotels, and venues manage seasonal swings and
  festival demand.
- **Maritime & shipbuilding** — equipment loans for marine contractors and
  fabricators along the river and coast.
- **Seafood & agriculture** — working capital for shrimp, crawfish, and sugarcane
  operations with sharply seasonal cash flow.
- **Healthcare** — practice financing and build-outs across New Orleans, Baton
  Rouge, and Shreveport.

### What Act 198 means for you

If you're weighing a merchant cash advance in Louisiana, the state now requires
the provider to hand you a written disclosure — total funds provided, total
amount disbursed, total repayment, total dollar cost, and payment terms — at or
before you sign. That makes it far easier to compare the real cost of competing
offers. Notably, Louisiana does **not** require providers or brokers to register
with the state, and the law has no dollar cap or entity exemptions. Hoss Capital
only works with partners who present these terms transparently.

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Canonical: https://hoss-capital.pages.dev/locations/louisiana/

Sources:
- https://www.legis.la.gov/Legis/BillInfo.aspx?i=248484
- https://www.legis.la.gov/legis/ViewDocument.aspx?d=1425126
- https://www.legis.la.gov/legis/ViewDocument.aspx?d=1430174
- https://www.sba.gov/district/louisiana
- https://www.mayerbrown.com/en/insights/publications/2025/08/louisiana-now-requires-disclosures-for-revenue-based-financing-transactions