- Texas HB 700 (effective September 1, 2025) requires providers and brokers of sales-based financing under $1 million to disclose costs and payment terms, with provider/broker registration through the OCCC due by December 31, 2026.
- Home to roughly 3 million small businesses, Texas spans energy, logistics, construction, healthcare, and a fast-growing Austin–Dallas tech corridor, with no state income tax.
- Texas is served by six SBA district offices, with coverage depending on which of the state's 254 counties a business operates in.
Funding the Texas economy
Few states offer the range of opportunity Texas does. With no state income tax, a business-friendly regulatory climate, and a population that continues to grow faster than the national average, Texas consistently ranks among the best states to start and scale a company. That growth creates constant demand for capital — to buy equipment, hire ahead of demand, open new locations, and bridge the gap between invoicing and getting paid.
Industries we fund across Texas
- Energy & oilfield services — equipment financing and working capital for the Permian Basin and Gulf Coast supply chains.
- Trucking & logistics — invoice factoring is especially common, turning slow-paying freight bills into same-week cash.
- Construction — lines of credit and equipment loans to manage project timelines and material costs across booming metros.
- Healthcare — practice financing and build-outs in San Antonio, Houston, and the DFW metroplex.
- Technology — revenue-based financing for the Austin and Dallas startup corridors.
What Texas HB 700 means for you
If you’re considering a merchant cash advance or other sales-based financing, Texas now requires providers to disclose the full cost and payment terms up front for offers under $1 million, and providers and brokers must register with the state. That’s good news for borrowers — it makes comparing offers easier. Hoss Capital only works with partners who operate transparently.