1 00:00:00.750 --> 00:00:02.700 Johny Fernandez: Superbowl commercials are always a 2 00:00:02.700 --> 00:00:05.760 highlight of the game, but one specifically caught our 3 00:00:05.760 --> 00:00:09.360 attention. Findamortgagebroker.com promoted 4 00:00:09.360 --> 00:00:13.290 an attack ad on Quicken Loans. The ad said mortgage borrowers 5 00:00:13.320 --> 00:00:17.100 should choose a local broker to find the best mortgage instead 6 00:00:17.100 --> 00:00:20.880 of the online rocket technology. The rocket technology reference 7 00:00:20.910 --> 00:00:24.720 was a dig at Quicken Loans' Rocket Mortgage product, Quicken 8 00:00:24.720 --> 00:00:27.870 Loans hasn't attacked back, but it did run a superbowl 9 00:00:27.870 --> 00:00:31.410 commercial with Game of Thrones actor Jason Momoa. If you 10 00:00:31.410 --> 00:00:34.650 haven't seen it, don't worry, we'll put a link to it down 11 00:00:34.650 --> 00:00:37.920 below. While the British took back the United Kingdom with 12 00:00:37.920 --> 00:00:42.270 Brexit, one British company has its eye set on the US. Liberis, 13 00:00:42.300 --> 00:00:45.660 a merchant cash advance company based in London, recently 14 00:00:45.660 --> 00:00:49.920 secured more than $40 million with plans to expand to the US. 15 00:00:50.220 --> 00:00:53.910 The company told deBanked it doesn't have plans to rely on 16 00:00:53.910 --> 00:00:57.570 brokers, but it will instead depend on affiliated partners. 17 00:00:57.780 --> 00:01:01.740 Its us headquarters is located in Denver. Kabbage recently 18 00:01:01.740 --> 00:01:04.650 announced a new loan program that's exclusively for its 19 00:01:04.650 --> 00:01:08.520 payments customers. Customers can now borrow funds for as 20 00:01:08.520 --> 00:01:12.660 little as three days. In the past, Kabbage has historically 21 00:01:12.660 --> 00:01:16.980 issued terms that go out as long as 18 months. It told deBanked 22 00:01:17.010 --> 00:01:20.490 News. The science behind these shorter term loans is based off 23 00:01:20.520 --> 00:01:24.270 information learned from previous customers. What do you 24 00:01:24.270 --> 00:01:28.020 think about ultra short term business loans? Let us know. I'm 25 00:01:28.020 --> 00:01:31.170 Johnny Fernandez with deBanked News. I'll see you next time.