Articles by Sean Murray
The 2019 Top Small Business Funders By Revenue
August 14, 2019The below chart ranks several companies in the non-bank small business financing space by revenue over the last 5 years. The data is primarily drawn from reports submitted to the Inc. 5000 list, public earnings statements, or published media reports. It is not comprehensive. Companies for which no data is publicly available are excluded. Want […] |
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Chase Ends Partnership With OnDeck, OnDeck Stock Tanks On Bucket of Mixed News
July 29, 2019The market didn’t take too kindly to OnDeck’s Q2 earnings announcement on Monday. The stock price set a new all time intraday low of $3.01, down 24% from Friday’s close. First, JPM Chase ended their partnership with OnDeck, the company said, bringing a 3-year relationship to a close. “We can’t speak for Chase and their […] |
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deBanked CONNECT Toronto Photos
July 27, 2019REGISTER NOW FOR THE NEXT DEBANKED EVENT IN A CITY NEAR YOU |
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Early Bird Ticket Pricing To deBanked CONNECT San Diego Ends Soon!
July 26, 2019deBanked CONNECT Toronto was a hit and photos and coverage of the event will be available soon. But in the meantime there’s only SIX DAYS LEFT of early bird pricing to deBanked CONNECT San Diego! This event is taking place at the Hard Rock Hotel in October 24th. Brokers get in with a discounted price. […] |
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deBanked CONNECT Toronto Kicks Off Today
July 25, 2019
Welcome to The Omni King Edward Hotel Don’t be late! Registration and networking starts at 1:30pm at The Omni King Edward Hotel in Toronto. Schedule of events: 1:30 pm – 3:00pm Registration + Networking + Meet Our Sponsors – Prefunction, 17th Floor 3:00 pm – 6:00 pm General Sessions – Crystal Ballroom, 17th Floor 6:00 pm – […]
Breakout Capital is BACK
July 17, 2019
Above: Breakout Capital Finance founder Carl Fairbank shakes hands with SecurCapital CEO Steve Russell SecurCapital Corp has acquired the lending business of Breakout Capital Finance. Breakout was founded in 2015 by Carl Fairbank, a former investment banker, and quickly made a splash in the burgeoning small business lending industry. The company has raised significant capital […]
Confession of Judgment Bill Still Awaits Governor’s Signature
July 9, 2019
New York State Governor Andrew Cuomo will have only ten days to sign S6395, the bill that prohibits companies from entering Confessions of Judgment in New York against non-New York State debtors, once its delivered to him. Only two possible contingencies could prevent that from happening: (1) An official veto (2) a pocket veto Neither […]
Federal Lawmakers Not Convinced NY Confession of Judgment Ban is Enough
June 25, 2019
The recent New York State law that effectively ended the era of Confessions of Judgment in the small business finance industry is apparently not enough to satiate the outrage of some federal lawmakers. This morning, Rep. Nydia M. Velázquez (D-NY) and Rep. Roger Marshall (R-KS) introduced the “Small Business Lending Fairness Act” that would outlaw […]
Last Chance for VIP Rate on deBanked CONNECT Toronto Room Block
June 24, 2019
deBanked CONNECT’s discounted room rate at the Omni King Edward Hotel in Toronto ends today. Don’t wait until the rate goes up! Book your room now for deBanked’s first ever event in Canada! Book Online Here OR CALL Omni Hotels Reservations Business Hours: 8am to 1am EST Telephone: 1-800-THE-OMNI (1- 800-843-6664) Group Name: deBanked CONNECT […]
UnTethered: How The Entire Crypto Bull Run of 2017 May Have Been a Mirage (And Why Its Resurgence May Be Too)
June 24, 2019
This story appeared in deBanked’s May/June 2019 magazine issue. To receive copies in print, SUBSCRIBE FREE In 2017, college bros gathered at a bar in downtown Manhattan. As a journalist from deBanked approaches, a 5’10” young 20-something with long shaggy brown hair is vaping outside on the sidewalk while staring intently at his phone. I […]
It’s Official, The Confession of Judgment Era is Over
June 19, 2019
The New York State legislature passed a bill (S06395) late Thursday night that effectively eliminates Confessions of Judgment (COJ) in the small business finance industry. The Senate voted in favor 61-1. The Assembly voted in favor 83-43. The new law which goes into effect immediately after Governor Andrew Cuomo signs it, prohibits anyone from filing […]
Michele Romanow to Keynote deBanked CONNECT Toronto
June 18, 2019
Michele Romanow, a TV star on Dragon’s Den and Co-founder of Clearbanc, will be the keynote speaker at deBanked CONNECT Toronto on July 25th. She joins other industry executives speaking at the event from across the business finance industry in Canada. Tech titan Michele Romanow is an engineer and a serial entrepreneur who started five […]
That’s All Folks! COJ Ban in New York May Pass on Wednesday
June 17, 2019
The New York legislature has until Wednesday night to pass two bills that would prohibit the use of COJs, one on out-of-state debtors entirely and the other from being used as a condition in a financial contract. Either or both would effectively outlaw their use in the small business finance industry in New York State. […]
Credit Invisibles Recap – Presented by Canadian Lenders Association in Toronto
June 9, 2019
The Canadian Lenders Association’s (CLA) workshop on credit invisibles and credit deserts was held at the Toronto law offices of Blake, Cassels & Graydon on June 5th. Situated in the financial district with views of the CN Tower, Michael Turner of Policy and Economic Research Council (PERC) kicked off the morning with a presentation on […]
Closers: Drink Up to 25 Cups of Coffee Per Day
June 3, 2019
Drink up closers! Research led by Professor Steffen Petersen from Queen Mary’s William Harvey Research Institute suggests that drinking coffee is not that bad for your heart. The study examined more than 8,000 people across three groups of coffee drinkers, those drinking less than 1 cup per day, those drinking 1-3 cups per day, and […]
Canadian Alternative Finance Event Calendar
May 28, 2019
Here’s what’s on the agenda this Summer for the Canadian alternative finance industry: June 5th Credit Invisibles Summit – Presented by the Canadian Lenders Association July 25th deBanked CONNECT Toronto – Presented by deBanked
Excited About Bitcoin’s Sudden Price Surge? Not So Fast
May 23, 2019
Philip Potter was a young banker that was moving up in the world. At 25-years-old, the Yale graduate made over six figures, worked for Morgan Stanley, and looked the part. He wore a $3,500 Rolex Watch, an $800 custom-made suit, and $200 shoes, all while carrying an $800 cellular telephone. It was 1997, a year […]
Small Business Finance Broker Wins Entrepreneur Of The Year
May 17, 2019
Left: Latin Financial CEO Sonia Alvelo receives the Entrepreneur of the Year Award from Connecticut Secretary of State Denise Merrill Sonia Alvelo, CEO of Newington, CT-based Latin Financial LLC, has been awarded Entrepreneur of The Year by the Latinas & Power Symposium. The event, incubated in Hartford, Connecticut in 2004, is the largest of its […]
Broker Fair 2019 Photos
May 10, 2019
If you share any of these on social media, please remember to include #brokerfair Enjoy!
Broker Fair 2019 Speaker Lineup
May 5, 2019
Broker Fair 2019 check-in begins at 7:30 am on Monday morning. With nearly 700 people registered to attend, it’s going to be a packed event! If you’ve got a ticket, here’s who you can expect to hear from: View The Agenda Here View The Sponsors Here
