Cole Harmonson, CEO of Dare Capital and a board member for the American Factoring Association, posted an update last month on ...
There’s a couple new lenders on the block to keep an eye on. One of them is named Slope. Backed by both JPMorgan and OpenAI ...
Marcus by Goldman Sachs, the prestigious investment firm’s attempt at being a conventional bank, announced that they have over $100 billion in deposits after just five years in operation. The online ...
Walmart became a direct merchant cash advance funder in 2024. You can learn more about it here. Walmart also works with third parties such as Payoneer, Parafin, and Uncapped.
Eight individuals have been arrested by the FBI and charged in connection with a scheme to defraud small business owners out of millions of dollars by charging them money in return for a promise of a ...
When deBanked stumbled upon a scoop that DoorDash had begun offering merchant cash advances in late 2021, the tech and financing team behind it had not been on anyone’s radar. That company was Parafin ...
BHG Financial $3,700,000,000 $1,784,000,000 $1,448,000,000 $885,000,000 ...
The CFPB has come back with a new proposal on how to roll out its section 1071 rules. Inside the 198 pages, the agency opines at length on merchant cash advances and reverses its previous opinions. It ...
The State of Texas is moving toward passing a “commercial sales-based financing” bill that would impact the merchant cash advance industry. Among the key details is an MCA broker registration ...
“The pandemic has had profound impacts on our economy and our small and micro businesses were among the hardest hit, especially in New York State,” said Hope Knight, Empire State Development President ...
“Ready Capital has become a leading national non-bank lender to small businesses providing a full suite of loan options from $10,000 unsecured working capital loans to $25 million plus real ...
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