Sean Murray

Articles by Sean Murray

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The Google Battle for Lending & SMB Finance Keywords Revisited

August 29, 2018
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google search

When it comes to Google’s organic search for major keywords, companies like Nerdwallet and Fundera still dominate. A few players, however, have gained or lost significant ground since last year. The Small Business Administration relinquished its place on the first page for words like “business loan” and “business line of credit” while PayPal and Credit […]

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Merchant Cash Advance Company Wins in Bankruptcy Court After Judge Rules It’s an Ordinary Part of Business

August 21, 2018
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bankruptcy court

Last week, a bankruptcy judge in the Northern District of Illinois ruled that a merchant had used so many merchant cash advances that it had become a normal part of their business. At issue was Network Salon Services, a business founded in 2004 that was brought back from the brink of insolvency in January 2013 […]

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The 2018 Top Small Business Funders By Revenue

August 16, 2018
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topfunders-18

The 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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90% of PayPal Merchant Advances and Business Loans Are Performing On Pace

July 28, 2018
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PayPal LoanBuilder

As of June 30, 90.6% of PayPal’s merchant advances and business loans were performing within the original expected repayment period, the company disclosed this week. That equated to $1.27 billion worth of deals. Only 4.2% of their merchants were more than 90 days behind their expected pace. PayPal had $1.4 billion in outstanding merchant loans, […]

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Stacking Lawsuit Results in Settlement Before Trial

June 19, 2018
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lawyer going to the courthouse

A lawsuit between RapidAdvance and Pearl Capital over tortious interference will not be going to trial after all, deBanked has learned. Originally scheduled to begin on June 25th, the parties have reportedly reached a settlement. Neither party would respond for comment. RapidAdvance filed its lawsuit against Pearl in November 2015 with the hope that they […]

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Settling Up: Debt Settlement Companies Paid Yellowstone Capital and Everest Business Funding a Half Million Dollars to End Lawsuit

June 12, 2018
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money exchange

A group of debt settlement companies and ISOs have entered into a settlement they’re unlikely to forget. A lawsuit that accused Corporate Bailout, Protection Legal Group, Mark Mancino, Michael Hamill and others of tortious interference with merchant cash advance contracts has led to a settlement in which the defendants agreed to pay Yellowstone Capital and […]

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Commercial Financing Disclosures Bill Approved in the CA Senate

May 31, 2018
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sb 1235 california

The use of an annualized cost metric on loan and non-loan contracts alike is now one step closer to becoming the law in the State of California. On Thursday, SB 1235 was approved on the Senate floor. The bill calls for commercial finance companies to disclose an Estimated Annualized Cost of Capital. In previous hearings, […]

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More Small Businesses Seeking Merchant Cash Advances Than Factoring

May 23, 2018
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products compared

Seven percent of small employer firms in the US applied for a merchant cash advance in 2017, the latest report by the Federal Reserve shows, while only 4% applied for factoring. Small employer owned firms were defined as businesses that have 1 to 499 full-or part-time employees. 69% of those surveyed generated less than $1 […]

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Missed Broker Fair? Get the Kit and Presentations

May 21, 2018
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Broker Fair Kit

If you missed Broker Fair, you can still get your hands on some of the gear and the presentations. Simply email info@brokerfair.org and ask to be shipped a copy of the Broker Fair Kit. The accessories, which will only be provided while supplies last, include a USB drive with the day’s presentations, a Broker Fair […]

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Broker Fair 2018 Story Continued

May 18, 2018
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BrokerFair2018Conference__414

A continuation of Broker Fair 2018 through photos: See also: Set 1 Set 2 We’ll publish the entire cache of them in the coming weeks. BREAKFAST SPONSORED BY BFS CAPITAL KEEPING CHARGED, CONNECTED, AND HYDRATED SPEED NETWORKING BE A BETTER CLOSER NETWORKING MARKETING YOUR BUSINESS LEGAL SESSIONS NATIONAL FUNDING LUNCH THE GREAT DEBATE INSTITUTIONAL FINANCE […]

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