We’re actively expanding our lead generation activity in the business funding space and opening new partnerships with brokers and lenders.

Our operation focuses on creating and distributing high-quality business funding leads through a structured, AI-driven funnel.Every lead comes from a real U.S. business owner who has actively expressed interest in financing options.

What we provide:

• Consistent flow of high-intent funding leads

• Live and near-real-time traffic

• AI-based qualification before delivery

Carter Ledyard & Milburn LLP achieved a significant win in defeating the defendants’ motions to dismiss claims of a conspiracy by a debt settlement company (DSC) and debt settlement lawyer to divert merchant customers’ receivables from a revenue-based funder that had purchased it and into the accounts of the DSC.

In NewCo Capital Group VI, LLC v. MCA Resolve LLC, Dominick Dale, et al., N.Y. Co. Index No. 650008/2024, NewCo Capital Group VI, LLC (“NewCo”) alleges that DSCs like the defendant solicit dozens if not hundreds of its customers to breach their revenue purchase agreements (RPA), by blocking regular remittances of their receivables to NewCo and instead using the revenues to pay the DSCs exorbitant fees to purportedly settle with NewCo on the customers’ behalf and to fund settlement accounts. Instead of engaging in the customers’ reconciliation procedures available in the RPA, or even reaching out to NewCo to engag…

Recent information on the formulation of rules from the Texas OCC regarding HB 700 makes it sound like ONLY first position Sales Based Financing transactions will be legal once they are done finalizing the rules. The key provision about prohibiting automatic debits is the key. Discussions recently suggest that either a Provider will need a first lien UCC, or the second option of needing a DACA-Deposit Account Control Agreement, which is much more difficult to obtain.

So either one leads to just first positions. Funders should be aware of these developments and stay in tune with updates as they become public.

Thanks to everyone who attended. Will announce the next event soon!

www.funderintel.com

Capital After Hours was everything we hoped it would be — and more.

An Illinois businessman was sentenced yesterday to six years in prison and two years of supervised release for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit, as well as for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck Protection Program (PPP). He was also ordered to pay $ 23,226,005 in restitution.

“The defendant orchestrated a massive scheme to fraudulently obtain over $55 million in commercial loans and lines of credit from federally insured financial institutions and exploit the Paycheck Protection Program,” said Assistant Attorney General A. Tysen Duva of the Criminal Division. “The defendant’s lies and deceit put our financial system at risk and wasted limited resources. The Criminal Division remains dedicated to prosecuting fraudsters who steal from our important institutions and taxpayer-assistance programs.”

“The duration, brazenness, and magnitude of…

www.justice.gov

An Illinois businessman was sentenced yesterday to six years in prison and two years of supervised release for his role in schemes to fraudulently obtain over $55 million in commercial loans and lines of credit, as well as for submitting fraudulent applications to obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (SBA) through the Paycheck

GREAT NEWS!!! 🎉🥳

ALL OF JANUARY WE ARE PROVIDING AN ADDITIONAL POINT TO ALL ISOs!!

For more information about our B-D Paper lending options for your merchants, contact me directly!

iso@spiercapital.com

9177688896

You may have heard by now that the president has announced he will cap credit card rates at 10% for one year starting on 1/20/26. This includes business cards.

Read through the below image.

What are your thoughts?

Scammers are using publicly available information to steal your money — while spotty regulations and industry pushback have limited your ability to recover it.

It’s easy to get robbed these days. All a thief might need are the 17 numbers found on your publicly available banking documents.

Just ask Scott Delman. For nearly a year and a half, someone used Delman’s banking information to deduct monthly car insurance payments from the theater producer’s bank account, according to financial documents he shared with The Lever. In total, the fraud cost him more than $4,300. So far, he’s yet to be reimbursed.

Delman has come to believe the matter will cost people huge amounts of money, and even poses a national security risk.

“Imagine if the Russians or Chinese focused on the ‘opportunity’ — they could raid American accounts and create a crisis of confidence which would devastate the banking industry,” he…