Brokers, Ferraris, Stacking and MoreMarch 10, 2015 | By: Sean Murray
Not yet signed up to receive deBanked’s print magazine? You can subscribe to receive it FREE here. This upcoming issue covers a lot of ground!
Some sneak peeks and commentary:
* I interviewed the president of a Ferrari-driving MCA brokerage who started off as a telemarketer that lived in his car.
* A CPA firm and Law firm submitted interesting takes on different industry practices.
* As much as I wanted to cool off on the topic of stacking for a while, those interviewed by our journalists couldn’t stop talking about it. It is apparently unavoidable and inescapable. Whether you stack or you don’t it’s one of the first nuggets to pop up in any conversation about short term business financing. Coincidentally, I had the privilege of being in the room with some industry leaders a few weeks ago and a discussion about stacking inevitably dominated the debate.
* There’s lot of new brokers in the space and not just human middlemen, but platforms that are really just technology-based brokers. We investigated what’s driving the new brokers and how to handle them. Separately, we interviewed a technology company that automates loan picks so that retail lenders don’t have to.
There’s more of course. You’ll just have to subscribe and wait for it to arrive in the mail. They’ll be sent out at the end of this month.
And if you plan on going to the LendIt Conference in NYC, use coupon code: deBankedVIP to get 25% off the ticket price. All attendees will get a copy of the magazine in their swag bag. I hope to see you there.Last modified: March 11, 2015
Sean Murray is the founder of deBanked, an 11-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper note investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.