California has a new law, California S.B. 362, impacting how brokers and funders communicate with merchants starting on ...
There has been a major break in the case of the industry’s Long Running Mysterious Fraud, an indictment. Less than a year ...
Daniela Cano and Nicole Paliobeis account for $10 million in revenue-based financing volume every month at Spartan Capital.
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 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 ...
Acquisition significantly expands Brean Capital’s financial institutions franchise and strengthens its leadership position in depository and insurance advisory. NEW YORK – Brean Capital, LLC (“Brean ...
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 ...
“Backdooring is just for losers,” says Thomas Chillemi, founder and CEO of Harvest Lending, a small business finance brokerage. “Like I think anybody who participates in it is just a loser.” ...
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 ...
The results are finally in. After a six-month review period, the SBA finally announced the applicants that have been approved to serve on its inaugural small business lending advisory council. The ...