Articles by Gerelyn Terzo

rss feed

CFC on the Front Lines of the MCA Regulation Battle

November 6, 2017
Article by:

Capitol Building

As the US Senate attempts to reach a bipartisan agreement on relaxing some of the rules in the Dodd Frank legislation of 2010 that would treat banks more favorably, the MCA industry is having to fend off legislation and regulation of its own at the state and federal levels that could position funders in a […]

View Post

View From The C-Suite: Alternative Funding Execs Talk Shop, The Landscape, And The Future

October 30, 2017
Article by:

Board room

Alternative funders have had a roller coaster 2017 with highs and lows that will likely be remembered as a high-stakes time for the industry, one in which the rubber met the road for many and the market landscape shifted for everyone from funders, to merchants to brokers. Three C-Suite executives in the alternative funding space […]

View Post

Insurtech, the Alt Lending of 2017

October 17, 2017
Article by:

InsurTech

A new asset class is emerging and it’s taking top talent away from the alternative lending space. Insurance technology, or insurtech, is a nascent market segment that presents a similar market opportunity that fintech did back in the day, sources say. And while there are parallels between the two niches, the market landscapes are unique […]

View Post

Bizfi Alum Jared Weitz Reflects on Demise of Former Employer and Rise of UCS

October 9, 2017
Article by:

Jared Weitz deBanked Magazine Cover United Capital Source

Jared Weitz has come a long way since his earlier days as one of the original Bizfi employees. Today he’s at the helm of online funding marketplace United Capital Source (UCS), which has been on a tear since deBanked last spoke with Weitz a couple of years ago. The UCS founder and chief executive took […]

View Post

Kabbage’s Petralia Talks Big Tech, Fintech and Lending

October 2, 2017
Article by:

Kathryn Petralia Kabbage

Kabbage co-founder and head of operations Kathryn Petralia was in New York last week for The Economist’s Finance Disrupted 2017 conference where she was a panelist on in an Oxford-style debate about whether tech giants Alibaba, Amazon, Apple, Facebook and Google pose a greater challenge to traditional banks than the fintech startup community. Her position […]

View Post

How LendingTree and SnapCap Crossed Paths

September 25, 2017
Article by:

Lending Tree Lenny

LendingTree in recent days revealed the acquisition of online platform for small business lending SnapCap’s non-lending assets in a $21 million deal, including $12 million upfront and $9 million in contingency payments. The deal gives online lending marketplace LendingTree more scale in the small business market ahead of what could shape up to be recovery […]

View Post

ShopKeep Joins the MCA Crowd. Are Loans Next?

September 8, 2017
Article by:

Michael DeSimone ShopKeep CEO

Above: Michael DeSimone, ShopKeep, CEO ShopKeep, an iPad-based cloud-connected technology company designed around POS and payments for small businesses, is expanding into MCAs with the launch of ShopKeep Capital in recent days. With its move into funding ShopKeep joins an area that competitor Square already operates in. But while both companies have unlocked the secret […]

View Post

Ford, MCA Funders Take Pages from Tech-Based Underwriting

August 29, 2017
Article by:

Ford

Alternative lending fever has spilled over into the auto sector, evidenced by the financing arm of automaker Ford’s decision to move beyond FICO and deeper into machine learning for credit decisions. Ford is moving toward alternative lending strategies in an attempt to capture a wider swath of borrowers, including those with “limited credit histories,” and […]

View Post

Why BFS Capital’s Glazer Is Passing the Torch

August 22, 2017
Article by:

Marc Glazer

Above: Marc Glazer, former CEO/current chairman, BFS Capital Marc Glazer co-founded BFS Capital in the early 2000s and has remained at the helm all this time – until now. Glazer has passed the torch over to Michael Marrache, effective last week. He isn’t going too far, as the former chief executive will remain chairman of […]

View Post

The Scoop on iPayment’s MCA Renaissance

August 18, 2017
Article by:

Tomo Matsuo iPayment Capital

Above: Tomo Matsuo, SVP, iPayment Capital iPayment, a small business payment processing company, is placing a bet that it could be better the second time around in the MCA industry. iPayment Capital, which is scheduled to launch in the fall, is iPayment’s second foray into the merchant cash advance market. In conjunction with this expansion […]

View Post