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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


eBay partners with Liberis to offer revenue-based financing product
eBay, the global e-commerce giant, has taken a significant step to support its seller community by launching a new financing product called:

Staff Writer
Jul 10, 20241 min read


Forward Financing and ICIC Join Forces to Support Underserved Entrepreneurs
Forward Financing’s customers not only receive immediate financial assistance but also gain access to a network of mentors and peers.

Staff Writer
Jul 5, 20242 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


Johanna Michely Garcia ready to change plea in $200M MJ Capital fraud case
The MJ Capital saga is winding its way through the court system with the latest updates from Johanna Garcia's case in late June being a...

Shane Mahabir
Jul 1, 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


Fintech Nexus Announces Closure After 11 Years
Fintech Nexus, initially established as LendIt in 2013, has announced its shutdown after a decade of significant influence in the fintech...

Staff Writer
Jun 22, 20241 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


DOJ sues Adobe Inc. for deceptive practices
The FTC referred this complaint to the DOJ when their investigation found that allegedly "Adobe ambushed users with hefty "early termination

Shane Mahabir
Jun 17, 20243 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


CFG Merchant Solutions Closes Credit Facility of up to $145 Million to Support Small Business Growth
CFG Merchant Solutions, LLC, a technology-enabled specialty finance and alternative funding provider, announced the successful completion...

Staff Writer
May 29, 20242 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

Staff Writer
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’

Staff Writer
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

Staff Writer
May 17, 20243 min read


Reconciliation in MCA and Systems Security: A Conversation with Trey Markel of Centrex
We dive into what reconciliation is for revenue based financing, why it's making headlines, and the changes funders need to implement.

Shane Mahabir
May 14, 20241 min read
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