Articles by deBanked Staff
Industry Event Schedule
September 15, 2025Missed the deBanked Long Island event??? Check out the photos here!.
Meanwhile, here’s what’s in store for the rest of the year and early 2026:
B2B Finance Expo: October 28-29, Las Vegas, NV
Counselor Library (Hudson Cook) Financial Services Conference: Nov 2-4, Baltimore, MD
deBanked CONNECT MIAMI: Feb 12, 2026, Miami Beach, FL
If you have the DailyFunder mobile app on your phone, clicking this link will take you right to the next event on the schedule: Click if on Mobile
SOLD OUT: Sponsorships to B2B Finance Expo in Las Vegas Have Sold Out
September 5, 2025The opportunity to sponsor B2B Finance Expo in Las Vegas this October is now gone but there’s still time to be a part of the commercial finance industry’s biggest event in Las Vegas by making sure you’re registered to attend. Taking place on October 28-29 at the Wynn, B2B Finance Expo will once again bring together leaders from Small Business Lending, Fintech, Real Estate Lending, Revenue Based Financing, SBA Lending, and beyond.
The room block is also full but the Wynn may still be honoring the discount code so be sure to take advantage now since it could shut off at any moment. Book Your Room Here.
Funders Comply With New Texas MCA Law
September 2, 2025As Texas implements the prohibition on ACH debits made by sales-based financing providers, here’s a working list of how funders are acting to comply:
Bitty: offering fixed-term installment loan. (see announcement)
CFG Merchant Solutions: offering fixed-term installment loan. (see announcement)
Merit Business Funding: Exempt from the law due to being a subsidiary of Meridian Bank. (See announcement)
Spartan Capital: offering fixed-term installment loan. (See announcement)
LCF Group: offering small business loans. (See announcement)
Backd Business Funding: offering term loans through their partnership with FinWise Bank.
If you are a sales-based or revenue-based financing provider that is continuing to fund in Texas and would like to be added here, email sean@debanked.com
deBanked Free Open Bar on Long Island
August 24, 2025deBanked is hosting a FREE OPEN BAR for brokers and folks that work in the small business finance industry on Thursday, September 11 from 7-9pm at Tap Room in Huntington. Tap Room is located on New York Avenue right across the street from the Paramount. You can register here. Entry may be conditional upon capacity inside.
BHG Financial Had a Strong Second Quarter
August 22, 2025
BHG Financial had loan originations of $1.5B in the 2nd quarter of 2025, up from 1.2B YoY. The company is 49% owned by Pinnacle Bank.
The company’s trending 30-day commercial past-due rate has been hovering at around 4% since the same time last year while past-due rates on their consumer loans have been in a consistent decline since Summer 2023.
During the Q2 earnings call, Pinnacle CFO Harold Carpenter, said that both production and credit growth have been good this year.
“I think credit has really been the bigger surprise for the year,” said Carpenter, “and we feel like that it looks like it’s pivoted and hopefully, it will continue to pivot.”
BHG primarily serves as a full-service commercial loan provider to healthcare providers and other skilled professionals for business purposes but also makes consumer loans for various purposes.
From the CERN Large Hadron Collider to Funding Working Capital Loans to SMBs
August 20, 2025When 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 which at the time appeared to be a startup comprised of former Robinhood engineers. But the backstory is a bit more wild because its CEO and Co-founder Sahill Poddar previously worked on getting his PhD by discovering the Higgs boson particle at CERN’s Large Hadron Collider. His credentials include a Doctorate (summa cum laude) in Particle Physics at European Council for Nuclear Research (CERN), Geneva, Switzerland and before that he was a Visiting Researcher for the Max-Planck Institute for Nuclear Physics in Germany. But today, at Parafin, his company makes $10 billion in funding offers to small businesses EACH DAY. The company has now funded more than 30,000 businesses since inception.
Turner Novak at The Peel secured Poddar as a guest on how Parafin came to be and it’s a must watch.
Business Finance Companies on Inc 5000 List in 2025
August 12, 2025Here’s where small business finance companies rank on the Inc 5000 list for 2025 (and if we’ve missed you, email info@debanked.com):
| Ranking | Company | 3-Year % Growth |
| 15 | Parafin | 9594 |
| 206 | businessloans.com | 1862 |
| 669 | Pinnacle Funding | 626 |
| 831 | SBG Funding | 508 |
| 1215 | Essential Funding Group | 359 |
| 1240 | Clara Capital | 352 |
| 1417 | Backd | 306 |
| 1705 | Kapitus | 256 |
| 1719 | Channel | 255 |
| 1756 | Fundible | 248 |
| 2027 | 4 Pillar Funding | 214 |
| 2117 | Biz2Credit | 203 |
| 2293 | Byzfunder | 187 |
| 2671 | Critical Financing | 156 |
| 3081 | Lendzi | 131 |
| 3226 | eCapital | 124 |
| 3508 | ApplePie Capital | 111 |
| 3545 | SellersFi | 109 |
| 3901 | Splash Advance | 95 |
| 3973 | Fora Financial | 92 |
| 3993 | Capital Infusion | 91 |
| 4076 | Expansion Capital Group | 88 |
| 4162 | Shore Funding Solutions | 85 |
| 4206 | Direct Funding Now | 83 |
| 4712 | ROK Financial | 63 |
Bitty Continuing to Perform Well in Q2 2025
August 11, 2025“Our investment in Bitty continued to perform well in the 2025,” said Todd Schwartz, CEO of OppFi, during the Q2 earnings call. “The business continues to add accretive profitability and cash flow to OppFi. Bitty is doing a great job utilizing technology to improve operations and the customer experience, identifying additional growth opportunities in new credit segments and capitalizing on the continued supply/demand imbalance in the small business lending space.”
OppFi holds a 35% stake in Bitty. Their pro-rata share of Bitty’s first half 2025 earnings was significant to their bottom-line.
