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Small Business Finance Association Releases Best Practices Just in Time

April 13, 2016
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best practices

The Small Business Finance Association (SBFA) has finally released their long awaited best practices guide. The four overarching principles are transparency, responsibility, fairness and security. Unlike other organizations that have called for APR disclosures, the SBFA believes that the total dollar cost of the transaction is the most important way to achieve that goal. It’s […]

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Mr. Broker: Stop Helping ME, Compete With YOU

November 29, 2015
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ranting

To quote comedian Dennis Miller, “I rant, therefore I am.” I know everyone is in the holiday spirit and I surely would hate to kill off that jovial mood, but I thought that it was time for Part Three of my Rants, this time on one of the most crucial elements of our industry, The […]

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The Telephone Is The Broker’s Best Friend

November 9, 2015
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phones are a broker's best friend

As we enter the second week of November 2015, we are indeed continuing the Year of The Broker, which I believe will not end on Thursday, December 31st at 11:59 p.m., but instead will continue into the year of 2016. As a result, I plan on remaining right here with deBanked to continue the Year […]

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World Business Lenders Acquires Uber Capital, Adds Another Branch

October 2, 2015
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acquisition

Zachary Ramirez, a Branch Manager for NY-based World Business Lenders (WBL) confirmed the company had set up two new branches. South Miami-based Uber Capital was acquired and will become a WBL branch. “The founders of Uber Capital, Jessica Fonseca, Tim Fenimore and Tristan Olmedo-Tigertail have joined WBL as Co-Branch Managers,” wrote Ramirez. The company was […]

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A Return to the Fundamentals? (At Transact 15)

April 3, 2015
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we have to go back

The Transact ’15 conference opened to a record crowd and there was no shortage of merchant cash advance players in attendance. Those facts were to be expected. And if you walked in and poked your head around, you might not have noticed anything to be different. Payment processors touted the latest mobile technology and at […]

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Letter From the Editor – March/April 2015

March 1, 2015
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This article is from deBanked’s March/April magazine issue. To receive copies in print, SUBSCRIBE FREE A single innocuous quote by one of this issue’s sources is all it took to put everything in perspective. “2015 is the year of the broker,” said Sendto’s Amanda Kingsley. Could that even be possible if 2014 was defined by […]

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Merchant Cash Advance Now In-Depth

December 1, 2014
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For quite possibly the first time ever, Google has blessed merchant cash advance with its own array of In-depth articles. What are In-depth articles? Why, they’re featured stories at the bottom of the normal search results. The In-depth feature launched in 2013 and has only worked for certain keywords. Today it appeared for the very […]

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Dear Ami

November 19, 2013
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Dear Ami

I don’t know Ami Kassar personally, but I read the articles in his NY Times blog, a column dedicated to chastising merchant cash advance companies. In it he yearns for the glory days of 10 year loans at 8% interest for local mom and pop shops. Having been a broker for 3 years myself, believe […]

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Hello world

September 4, 2013
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Hello world

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Merchant Cash Advance Industry is Busy at Work

May 16, 2013
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hard work

After what was one of the wildest two weeks in Merchant (MCA) history, the game-changing news finally subsided, but no one is taking a deep breath. Instead, everyone is busy working their butts off trying to help small businesses grow. UPDATE 5/16: RapidAdvance has acquired the operating assets of ProMAC. First Instance of consolidation that […]

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