Articles by Sean Murray
Meet at the 2018 Financial Services Conference
April 22, 2018
I will be attending the 2018 Financial Services conference by CounselorLibrary and Hudson Cook, LLP on Monday, April 23rd in Baltimore, MD. deBanked is a sponsor of the event. If you would like to meet, please email me at sean@debanked.com. April 23rd is a Special One-Day Program with Merchant Cash Advance and Small Business Lending […]
View PostWhat Got Said in The California Senate Hearing About Commercial Loan Disclosures
April 19, 2018
Above: California State Senator Steve Glazer, holds up his proposed disclosure box in Wednesday’s Senate hearing California State Senator Steve Glazer was the reason that representatives from small business finance trade associations were in Sacramento on Wednesday. Glazer’s bill, SB 1235, calls for mandatory APR disclosures on loan and non-loan products alike, even if the […]
View PostCrypto Hype Man Ian Balina Hacked
April 16, 2018
Cryptocurrency and ICO hype man Ian Balina has been hacked, according to a statement he published on social media. Balina’s self-reported fortune totaled $3.2 million just days earlier. “I’m not worried about the money,” Balina tweeted. “I learned my lesson. I only care about catching the hacker.” Balina is famous in the crypto world for […]
The March/April 2018 Edition Has Shipped
April 13, 2018
The March/April 2018 edition of deBanked Magazine has shipped! The print version is distributed before all of the content is republished online so if you want to be one of the first to read our exclusive stories, make sure you’re subscribed. It’s FREE. This issue, which will also be distributed at Broker Fair on May […]
LendItFintech In Photos and Sound Bites
April 10, 2018
LendItFintech co-founders Peter Renton, Bo Brustkern, and Jason Jones kick off the 6th annual event “Bad credit is literally killing us” – Scott Sanborn, CEO, Lending Club when speaking about the increase in mortality rate for people who have faced major financial distress A disruptive business is not just about speeding something up – Jay […]
Broker Fair 2018 On Pace for Major Success
April 4, 2018
Broker Fair 2018 is on pace to be a major success! Companies still wishing to become a sponsor of Broker Fair 2018 have until Friday, April 6th to do so. After that, no additional sponsors will be accepted. The coming May 14th conference in Brooklyn, NY has already sold out of funder/lender and general admission […]
Champion Auto Sales Decision Brings Closure to Another Case
April 1, 2018
A merchant seeking to have a judgment against them voided on the basis that the underlying Purchase and Sale of Future Receivables agreement they entered into was actually a usurious loan, has had their motion denied pursuant to the law as decided in Champion Auto Sales, LLC et al. v Pearl Beta Funding, LLC, court […]
SBFA Braved Snow Storm for Spring Fly-In
March 23, 2018
The Small Business Finance Association (SBFA) had their Washington DC Spring fly-in earlier this week. SBFA members met with Karen Kerrigan, the President and CEO of the Small Business & Entrepreneurship Council, on Tuesday afternoon, and Congressman Josh Gottheimer (D-NJ) in the evening. Despite the blizzard, a handful of members continued to meet with members […]
It’s Settled, Merchant Cash Advance Not Usurious
March 15, 2018
It’s not a usurious transaction. That’s how trial courts across New York State have been ruling on merchant cash advances for years, but now, thanks to Champion Auto Sales, LLC et al. v Pearl Beta Funding, LLC, the matter has been settled in a key jurisdiction. On Thursday, March 15th, The Appellate Division of The […]
9 Real Industry Stories To Get You Fired Up
March 7, 2018
Whether you’re working from home as an independent agent or you’re the owner of a young alternative funding startup, here are nine deBanked stories that are guaranteed to inspire. For those of you that haven’t been in the industry very long, you’ll definitely want to read some of the older ones! Nest Planner: The Story […]
