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870,000 Suspended Borrowers, and the Question Nobody Answered
Vance announced 870,000 pandemic-loan borrowers barred from federal credit. The surge behind it charged 160.
1 day ago


CAPITAL AFTER HOURS Was a Hit, Thank You!
Capital After Hours at Sixty Vines was our biggest yet. View event photos and get tickets now for the next event on December 3 in Fort Lauderdale.
2 days ago


The PPP Case That Failed on Basic Math
A New Jersey childcare operator got a year and a day for a $535,000 PPP loan. Her own EIDL file convicted her.
3 days ago


NFIB Shows Main Street Cooled in August. The Credit Line Is the Part Worth Reading.
Small business optimism dipped 1.1 points to 98.7 in August as sales fell to a 10-month low, but expectations for credit conditions reached their best level since 2024.
5 days ago


Today’s the Day: Capital After Hours Returns
Capital After Hours is tonight at Sixty Vines on Las Olas. Join business lending, fintech and commercial finance professionals for networking, food, drinks and football.
Sep 9


SBA SOP 50 10 8.1: 7 Things Brokers Need to Know Before October 1
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.
Sep 7


PPP Prosecutions Continue: Two More Arizona Cases
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.
Sep 3


The Case for Merchant Cash Advances
Explore the benefits of merchant cash advances and revenue-based financing, including speed, access, flexible underwriting and opportunity cost.
Sep 3


Leor Moshe raised $47M promising MCA returns of up to 53%.
Leor Moshe of Toms River, New Jersey pleaded guilty on August 13, 2026 to wire fraud after raising roughly $47 million from at least 87 investors.
Sep 3


The $289 Million Standoff: Why CDFIs are Suing to Save Main Street Capital
CDFIs have filed a lawsuit against the Treasury and OMB, fighting to release hundreds of millions in bipartisan-approved capital for small businesses.
Sep 2


What Arthur Spitzer Did When the SBA Opened the COVID EIDL Window
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.
Aug 31


Equipment Finance Hits Record $14.3 Billion as Business Investment Accelerates
Equipment finance volume hit a record $14.3B in July as AI investment surged, small-ticket deals soared and credit losses moved lower.
Aug 31


Stripe and Advent Walk Away From $53 Billion PayPal Takeover Pursuit
Stripe and Advent ended their pursuit of PayPal after a reported $53 billion takeover approach, leaving the payments giant independent for now.
Aug 28


DOJ Joins $13M PPP Fraud Suit Against Summer Camp Owner Michael Shabsels
DOJ alleges SIMAD owner Michael Shabsels and related companies improperly obtained over $13 million in PPP loans before their 2026 collapse.
Aug 27


Dallas Loan Broker Fled the U.S. for Nearly Eight Years. Now She's Going to Federal Prison
Dallas loan broker Kwanghee Anh fled the U.S. for years after a $29M bank fraud scheme. She was caught in South Korea and sentenced to 58 months.
Aug 26


Parafin Powers SpotOn Capital as Embedded SMB Lending Continues to Scale
Parafin now powers SpotOn Capital, bringing embedded financing, business-performance underwriting and lower costs to restaurant operators.
Aug 26


Luminar Capital Secures $5 Million Credit Facility With Capacity to Grow to $15 Million
Luminar Capital secured a $5 million senior credit facility, scalable to $15 million, to expand small business funding, products and ISO partnerships.
Aug 26


California AB 2116 Clears Legislature, Setting Up Licensing for Commercial Finance Providers and Brokers
California AB 2116 has cleared the Legislature and could require commercial finance providers and brokers to obtain DFPI licenses beginning in 2028.
Aug 24


How intense is the competition in alternative business lending?
An updated Porter's Five Forces analysis of alternative business lending, capital supplier power collapsed, embedded platforms reshaped rivalry, and consolidation arrived.
Aug 24


Georgia Businessman Accused of Using Fake $22M Brokerage Statement to Secure $24M Loan
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.
Aug 20


Clearco Macquarie Deal: $100M Facility Powers a Comeback Three Years in the Making
Clearco secured a $100M asset-backed facility from Macquarie, which could support ~$900M in e-commerce funding as the once-$2B fintech makes a comeback.
Aug 19


Capital After Hours Returns September 9th for Networking, NFL Opening Night and More
Capital After Hours returns to Sixty Vines Las Olas on September 9 for business lending and fintech networking, premium drinks, food and NFL Opening Night.
Aug 19


Sophia Lacayo Sentenced to 18 Months for $948K PPP Fraud
A former Sweetwater commissioner, Sophia Lacayo, got 18 months for $948K in PPP fraud, sentenced in May, announced by DOJ in August.
Aug 17


Gotti Name Can’t Stop the Clock: Grandson Enters Prison for $1.1M COVID Fraud
Carmine Agnello, grandson of mob boss John Gotti, has begun his 15-month prison term for $1.1M in COVID relief fraud after a judge denied further kidney transplant delays.
Aug 17
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