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Paypal down $200 million in merchant receivables from 2023
A key performance indicator of how its portfolio is doing would be looking at its Charge-off rate. The report says, "The decrease in charge-

Staff Writer
Jul 31, 20241 min read


Budding Opportunity: Demystifying Lending to Cannabis Businesses
The Justice Department made an announcement earlier this year to move Cannabis to a Schedule III drug, which is a less harmful drug, but it

Staff Writer
Jul 24, 20243 min read


Johanna Michely Garcia changed her plea in Ponzi scheme case
A handcuffed Johanna Michely Garcia clad in her brown jumpsuit sat with her two attorneys in a Miami Federal courthouse opposite prosecutors

Shane Mahabir
Jul 16, 20243 min read


Missouri Commercial Financing Disclosure Law Signed by Governor
Missouri becomes the latest state to put new commercial financing laws into place. Governor Mike Parson signed SB1359 on July 11th

Shane Mahabir
Jul 16, 20243 min read


SMBs using Embedded Lending borrow 48% more than other types of lending
A new report by PYMNTS Intelligence and commissioned by Visa called "How Embedded Lending Can Boost Growth and Stability for Small...

Shane Mahabir
Jul 15, 20241 min read


Our Interview with Carolyn McClure of Loeb
Since 1880, Loeb has provided auction and liquidation services for machinery and equipment, appraisals since the 1960’s and asset-based...

Shane Mahabir
Jul 12, 20243 min read


eBay partners with Liberis to offer revenue-based financing product
eBay, the global e-commerce giant, has taken a significant step to support its seller community by launching a new financing product called:

Staff Writer
Jul 10, 20241 min read


Forward Financing and ICIC Join Forces to Support Underserved Entrepreneurs
Forward Financing’s customers not only receive immediate financial assistance but also gain access to a network of mentors and peers.

Staff Writer
Jul 5, 20242 min read


Samson MCA sues Boston Market | NAC starts SBA 7a loans | MJ Capital update | Plaids expansion | Jobless claims
Samson MCA sues Boston Market | NAC starts SBA 7a loans | MJ Capital update | Plaids expansion

Shane Mahabir
Jul 3, 20242 min read


Johanna Michely Garcia ready to change plea in $200M MJ Capital fraud case
The MJ Capital saga is winding its way through the court system with the latest updates from Johanna Garcia's case in late June being a...

Shane Mahabir
Jul 1, 20242 min read
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