Heron, a startup using AI to automate workflows in business lending, equipment finance, and insurance, has raised $16 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Y-Combinator, BoxGroup and Flex Capital. The Series A will support Heron's next phase of expansion, helping the company scale its AI-driven solutions to more segments.

The new wave of brokers entering the space? Many are hungry, motivated… and totally lost. They don’t know how to source quality leads, structure a deal, or build lender relationships. This is your opportunity to...

Paul's fraud scheme involved 42 separate loans across 17 institutions, indicating that individual lenders may have lacked the systems to identify patterns of suspicious activity that would have been apparent when viewed collectively.

Propel Finance, a leading UK asset-finance provider, has secured a landmark £1.5 billion funding facility designed to accelerate lending to small and medium-sized enterprises (SMEs) across Britain. The company has already supported more than 50,000 SMEs with over £1 billion in lending over the past three years.

The data reveals a striking consensus among SMBs regarding the importance of embedded finance. A remarkable 90% of small businesses now consider access to embedded financial products and services essential to their daily operations. This isn't merely preference; it's become fundamental infrastructure.

While this shift is being framed primarily as a consumer credit development, it has important, and likely underestimated, implications for the business lending space. For lenders that rely on personal FICO scores as part of their underwriting process, especially when evaluating small business owners, this is a game-changer.

Mastercard and Fiserv’s partnership over FIUSD isn’t a speculative venture; it’s a thoughtfully designed integration positioned to redefine digital transactions. By weaving stablecoins into daily commerce, they’re signaling that digital currency isn’t the future, it’s now.

On Saturday, June 21, 2025, Texas Governor Greg Abbott signed House Bill 700 into law, setting the stage for a significant regulatory shift in how sales-based financing, including merchant cash advances (MCAs), can be offered in the state.

The Consumer Financial Protection Bureau (CFPB) has once again delayed its compliance timeline for the Section 1071 rule under the Equal Credit Opportunity Act, reflecting ongoing concerns over readiness, legal challenges, and operational impacts for small business lenders.

With deal sizes up to $5,000,000, Reliance Financial offers non-dilutive funding solutions by enabling businesses to sell a portion of their future revenues in exchange for immediate working capital. Known in the market for its honesty, transparency, and ease of doing business, Reliance has helped thousands of businesses secure flexible, fast, and responsible funding.

Discussing current regulatory news, including the important bill HB 700 in Texas and the 7(a) Loan Agent Oversight Act (H.R. 1804), the tech business loan brokers need to know about, and other best practices for brokers with Jerry Cocuzzo of FundAll Capital and John DiCanio of Fund My Biz.

The crux of the law? North Dakota now has the authority to define these alternative finance products as “loans,” putting them under the same regulatory umbrella as traditional lenders. This includes licensing requirements and interest rate caps, up to 36% annually. What’s more, the state’s financial regulator, the Department of Financial Institutions (DFI), has been granted the discretion to classify these products through administrative orders.

It’s said that things are bigger in Texas, but for Sales-Based Financing, that may no longer be a possibility. Thanks to a Texas billionaire, financing options for businesses are set to be reduced if Texas Governor Greg Abbott signs HB 700 into law before Saturday, June 22nd, although hope remains for something to change. 

VOX Funding, a leading provider of flexible financing options for U.S. businesses, today announced closing a $150 million credit facility with Raven Capital, a New York-based investment firm specializing in asset-based direct lending. To date, VOX has funded over $750 million through its platform.

FundMerica accepts as true that neither Forth nor Centrex had any involvement in the data incident at issue. Any prior statements made by FundMerica to the contrary are retracted and withdrawn. --- Last night there was an amendment brought by Senator Charles Perry (R) that could make it all but impossible to make Sales-Based Financing (see revenue-based financing and mca) in the state of Texas.

The Securities and Exchange Commission has filed a complaint in the Nevada District Court against two men for what amounts to a Ponzi scheme very similar to the MJ Capital case we covered last year in Miami Federal Court.