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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


Why a blacklist for commercial loan brokers will or won't work
There are no legitimate, accessible blacklists for commercial loan brokers that I am aware of nor a website that houses a blacklist or...

Shane Mahabir
Jun 26, 20244 min read


Surprise Buyer Snaps Up Funding Circle’s US Operations for £33M
In a strategic shift that was somewhat anticipated, Funding Circle US announced in a press release today that it has agreed to sell its...

Shane Mahabir
Jun 24, 20242 min read


Thoughts on the Kris Roglieri case with a CCTG student
got the chance to catch up with one of our early loan broker course enrollees James Jones, CEO of Entre Funding and Bizzlyelite, who...

Shane Mahabir
Jun 19, 20241 min read


$1.1 Billion? Yes, White Oak Commercial Finance has a new credit facility
White Oak Commercial Finance’s working capital facilities can range from $10 million to $250 million or more. Products include...

Funder Intel Admin
Jun 14, 20242 min read


Pipe Secures $100 Million from VPC to Transform SMB Financing
Pipe, a modern capital platform, has announced the closing of a $100 million credit facility from Victory Park Capital (VPC), a global...

Funder Intel Admin
Jun 11, 20242 min read


California SB 1482: What Commercial Finance Providers Need to Know
Senate Bill 1482 sailed through the Senate with a unanimous vote (talk about bipartisanship!), and it's now headed to the Assembly. This...

Funder Intel Admin
Jun 8, 20242 min read


SBA to launch new working capital pilot program
SBA Administrator Isabel Casillas Guzman announced that this working capital pilot program will be launched in the coming months to...

Funder Intel Admin
Jun 5, 20242 min read


CFPB's Registry Targets Lawbreaking Financial Firms
The registry aims to identify repeat offenders and recidivism trends, enabling the CFPB to hold lawbreaking companies accountable and stop..

Funder Intel Admin
Jun 4, 20242 min read


FBI arrests Kris Roglieri for wire fraud, faces 20 years in prison
According to the criminal complaint in USA v Kris Roglieri, the deal that gave the FBI basis for probable cause was with 1800 Park Avenue...

Shane Mahabir
Jun 1, 20242 min read


Roglieri property worth roughly $7m can be seized, court says
The ruling stemmed from the motion made by the trustee, Christian H. Dribusch, in this Chapter 7 case which initially was a Chapter 11 as...

Funder Intel Admin
May 29, 20241 min read


Key Findings from OnDeck's Q1 2024 Report
The latest report from OnDeck and Ocrolus highlights a significant rise in optimism among small businesses on Main Street as they navigate..

Shane Mahabir
May 28, 20242 min read


The Proliferation of Credit Card Stacking Services: Opportunity or Pitfall for Business Funding?
Proponents of credit card stacking often highlight the perceived ease of obtaining approvals compared to traditional small business loans...

Shane Mahabir
May 22, 20244 min read


Ex-IRS Officer and Brother Sentenced for Stealing Millions in COVID-19 Relief Funds
A former IRS officer and his brother have been sentenced to prison for their role in a multi-million dollar scheme to steal COVID-19 relief

Funder Intel Admin
May 20, 20242 min read


Legal Woes Escalate for Kris Roglieri: Court Orders Chapter 7 Liquidation
This decision significantly impacts the proceedings, as Chapter 7 involves liquidating assets to pay off debts, contrasting with Chapter 11’

Funder Intel Admin
May 18, 20242 min read


Supreme Court Upholds CFPB: Key Implications for Commercial Lenders, Banks, and Fintechs
The ruling affirms that the CFPB’s funding, sourced from the Federal Reserve rather than the congressional budget process, does not violate

Funder Intel Admin
May 17, 20243 min read
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