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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


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


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...

Staff Writer
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...

Staff Writer
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...

Staff Writer
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...

Staff Writer
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..

Staff Writer
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...

Staff Writer
May 29, 20241 min read
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