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Lightspeed Says Its MCA Book Is the Biggest Use of Cash It Has
Lightspeed's CFO says MCA is its biggest use of cash outside buybacks, $160M outstanding, low single-digit defaults, and capital customers churn less.
3 min read
Considerations Funders take when refinancing a Merchant Cash Advance: NISO explains
Refinancing an active MCA—particularly when using part of the second cash advance to pay off the first—fundamentally changes the funder's...
5 min read
Pillow Fight: Mike Lindell Brings RICO Case Against MCA Funder in MN Court
The outcome could have significant implications for the broader merchant cash advance industry and certainly for Mike Lindell and MyPillow.
2 min read
NY Times Exposes New Aspects of Jon Braun's Controversial Pardon by Trump Administration
Once pardoned and released Jonathan Braun went back into funding small businesses across America while using the same tactics which had...
4 min read
FTC Cracks Down: Notorious Merchant Cash Advance Kingpin Jonathan Braun Banned for Life
In a landmark decision, the Federal Trade Commission (FTC) has secured a permanent ban against Jonathan Braun, a prominent figure
2 min read
New Novo MCA Product Offers Key Differentiators
'another differentiator, Novo Funding offers revolving access to the approved funding amount and lets the business owner draw on the MCA
3 min read
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