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

SBA SOP 50 10 8.1 takes effect October 1, 2026. What changes for 7(a) acquisition deals: 1.25x DSC, mandatory Quality of Earnings at $3M, capped investor equity, and the seller note myth.

PPP Fraud Prosecutions Continue: A Phoenix man got 15 months for $1M in PPP loans. A California man faces three counts over $2.9M in PPP loans.

CDFIs have filed a lawsuit against the Treasury and OMB, fighting to release hundreds of millions in bipartisan-approved capital for small businesses.

Arthur Spitzer pleaded guilty to mortgage fraud and $1.8M in EIDL fraud. Why COVID relief was the easiest mark a paper fraudster ever found.

California AB 2116 has cleared the Legislature and could require commercial finance providers and brokers to obtain DFPI licenses beginning in 2028.

An updated Porter's Five Forces analysis of alternative business lending, capital supplier power collapsed, embedded platforms reshaped rivalry, and consolidation arrived.

A Georgia businessman faces bank and wire fraud charges after prosecutors say he used fabricated brokerage statements and forged documents to obtain $24 million in financing.

FinCEN's final rule ends beneficial ownership reporting for U.S. companies and deletes collected data. The pros, the criticism, and what it means for lenders

Business loan brokers may need state licenses, registrations, bonds, or filings. See the 2026 rules for MCA, sales-based financing, commercial loans, and broker fees.

The OCCC's finalized rules for HB 700 (7 TAC §86.313, effective July 9) settled the two questions everyone in sales-based financing was asking.

Twenty state AGs urged the OCC, FDIC, and Fed to block OppFi's and Enova's bank acquisitions. What the fight over fintech bank acquisitions means for SMB lending.

Vermont's new commercial financing law (Act 142) puts MCA, RBF, and factoring under lender licensing by July 2027. What funders and ISOs must do now.

Texas HB 700 rules bring NMLS registration, stricter disclosures and debit limits to sales-based financing, impacting MCA and RBF providers.

The Supreme Court blocked Trump from removing Fed Governor Lisa Cook, preserving a key line around Fed independence and monetary policy.

Sen. Joni Ernst wants the SBA to probe lenders that the USDA expelled. Inside the government-guaranteed lending crackdown, and the due-process questions.