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MoneyThumb Acquired by Iron Creek
MoneyThumb, a leader in automated document evaluation and fraud detection solutions announced today that it has been acquired by Iron Creek
Aug 29, 2024


Par Funding Case: Investors to Receive Partial Reimbursement
A significant development in the long-running Par Funding case. According to reports, investors in the Philadelphia-based loan company...
Aug 28, 2024


Legal Victory for CFPB: Implications for the Small Business Lending Data Rule
The Consumer Financial Protection Bureau's (CFPB) small business lending data collection rule has cleared another significant legal obstacle
Aug 28, 2024


Meet Our Sponsors on Sept 10th!
Our upcoming Networking Mixer on September 10th will be a fantastic opportunity to connect with our generous sponsors who are listed below:
Aug 27, 2024


The SBA Loan Nightmare: Joseph Carpenter's Story
They put the burden of proof on the person they're accusing of having the loan.
Aug 26, 2024


Channel Strengthens Market Position with $125M ABS Deal
This transaction highlights Channel's commitment to providing innovative financing solutions to small businesses and its ability to...
Aug 20, 2024


The Shocking Details of the Alleged 2.9 Billion Data Breach
The recent alleged data breach involving National Public Data, a background check company, has potentially compromised the personal...
Aug 16, 2024


What You Need to Know About the SBA's New Licenses
The recent Federal Register Notification regarding the Small Business Lending Company (SBLC) Application Process is poised to impact the...
Aug 13, 2024


Lobbying Surge in Fintech Industry Amid Regulatory Uncertainty
According to data from Open Secrets, PayPal, Block, and Early Warning Services are leading a surge in fintech lobbying expenditures in...
Aug 10, 2024


NewtekOne Sees Strong Growth in Business Lending
Newtek Bank and the Company’s non-bank lending subsidiaries closed $316.5 million of loans across all loan products for the three months...
Aug 7, 2024


Get Ready to Mix and Mingle at the Next Funder Intel Event!
This September, it becomes the stage for a high-caliber networking event hosted by Funder Intel.
Aug 5, 2024


Square did 142K loans totaling $1.45 billion in Q2
In its earnings report on Thursday, Block reported that Square Capital did 142,000 loans totaling 1.45 billion in Q2 of 2024. That number...
Aug 2, 2024


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-
Jul 31, 2024


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
Jul 24, 2024


Johanna Michely Garcia changed her plea in Ponzi scheme case
A handcuffed Johanna Michely Garcia clad in her brown jumpsuit sat with her two attorneys in a Miami Federal courthouse opposite prosecutors
Jul 16, 2024


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
Jul 16, 2024


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...
Jul 15, 2024


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...
Jul 12, 2024


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:
Jul 10, 2024


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.
Jul 5, 2024


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
Jul 3, 2024


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...
Jul 1, 2024


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...
Jun 26, 2024


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...
Jun 24, 2024
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