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SBA OIG report finds two nonbank lenders drove most SBLC defaults and early defaults

Two SBA Nonbank Lenders Drove Most Defaults as OIG Questions Years of Oversight

Two nonbank SBA lenders drove most SBLC defaults as OIG found repeated deficiencies and weaknesses in SBA oversight.

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Two SBA Nonbank Lenders Drove Most Defaults as OIG Questions Years of Oversight

Two nonbank SBA lenders drove most SBLC defaults as OIG found repeated deficiencies and weaknesses in SBA oversight.

KKR Launches Akrapoint Commercial Capital With $350 Million Equipment Finance Commitment

KKR is backing Akrapoint Commercial Capital with $350 million to finance vocational, industrial and specialty equipment for U.S. businesses.

Cashera Unifies US and UK Operations Under One Brand

Cashera consolidated its US and UK operations under one brand, citing 1,000% growth in its Instant product, with a flexible line of capital planned for 2027.

NMI Expands Business Capital: Term Loans via Parafin for ISOs

NMI Adds Embedded Lending Options

NMI added term loans and starter offers to Business Capital, its Parafin-powered embedded lending program, putting merchant financing in the hands of 6,000 platform partners and ISOs.

Facial Recognition, Bad Detective Work and 163 Days in Jail: The Angela Lipps Case

Angela Lipps spent 163 days in custody after a facial recognition lead and investigative errors. Her case raises serious questions about AI oversight.

BNC Shareholders Say Yes to OppFi. Now Comes the Part That Killed Enova's Deal.

BNCCORP stockholders approved the $130M sale to OppFi days after Enova killed its own bank deal. Regulatory approval is now the test for fintech bank charters.

Enova Kills the Grasshopper Bank Deal, and the Market Takes a Billion Dollars Off Its Value

OnDeck parent Enova pulled its OCC and Fed applications to buy Grasshopper Bank after state AG pressure. Shares fell 25%. What it means for SMB lending.

870,000 PPP Borrowers Suspended: What SBA Isn't Showing

870,000 Suspended Borrowers, and the Question Nobody Answered

Vance announced 870,000 pandemic-loan borrowers barred from federal credit. The surge behind it charged 160.

Capital After Hours Sets New Attendance Mark in Fort Lauderdale

CAPITAL AFTER HOURS Was a Hit, Thank You!

Capital After Hours at Sixty Vines was our biggest yet. View event photos and get tickets now for the next event on December 3 in Fort Lauderdale.

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There are many alternative business finance companies, but not all offer unsecured term loans. We put together a list of lenders that offer a business loan product directly with merchants or through ISO partners and other channels.

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All around great experience and a great resource. I went through another broker training before I found Funder Intel. I was bumping my head against the wall trying to learn the industry and build my business. This is a very different experience. I highly recommend.

Business Lending Intelligence, Education & Connection

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Two SBA Nonbank Lenders Drove Most Defaults as OIG Questions Years of Oversight

Latest News

Two SBA Nonbank Lenders Drove Most Defaults as OIG Questions Years of Oversight

KKR Launches Akrapoint Commercial Capital With $350 Million Equipment Finance Commitment

Cashera Unifies US and UK Operations Under One Brand

NMI Adds Embedded Lending Options

Facial Recognition, Bad Detective Work and 163 Days in Jail: The Angela Lipps Case

BNC Shareholders Say Yes to OppFi. Now Comes the Part That Killed Enova's Deal.

Enova Kills the Grasshopper Bank Deal, and the Market Takes a Billion Dollars Off Its Value

870,000 Suspended Borrowers, and the Question Nobody Answered

CAPITAL AFTER HOURS Was a Hit, Thank You!

All around great experience and a great resource. I went through another broker training before I found Funder Intel. I was bumping my head against the wall trying to learn the industry and build my business. This is a very different experience. I highly recommend.

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