Requires certain disclosures by providers of commercial financing.

This bill requires providers of commercial financing in New Jersey to make certain disclosures to recipients when offering loans for business purposes. It defines key terms such as "broker," "provider," and "recipient" to clarify who must comply with the disclosure requirements and who receives them. The legislation applies to various financing types including open-end credit, closed-end loans, and factoring transactions, ensuring that costs and terms are clearly communicated to borrowers. By standardizing these disclosures, the bill aims to increase transparency in commercial lending without changing interest rates or loan terms.