Business Lending

Alternative Lending Set to Boost Small Business Strength in 2018

January 16, 2018
Article by:

Main Street Small Businesses

Small business lending saw a 2017 surge, according to the U.S. Small Business Credit Monthly Report from PayNet, with 11 of 18 sectors experiencing a lending increase over the past 12 months. Experts believe 2018 will continue to foster a friendly environment for smaller enterprises. “A combination of small business optimism and favorable tax changes […]

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Jersey City is Quietly Becoming a Fintech Hub

January 11, 2018
Article by:

Jersey City business lending & mca

Jersey City is luring yet another innovative small business finance company to their community. This time it’s NYC-based Pearl Capital. According to NJ state records, Pearl was approved on January 9th for a total of $5.6 million over 10 years to relocate under the Grow NJ tax program to boost jobs in the area. Other […]

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What’s Lending Got to do With Cryptocurrency?

January 10, 2018
Article by:

crypto trading

Facebook and Snapchat might be the last things that employees are being distracted by these days. Instead it’s Coinbase and Blockfolio, two cryptocurrency apps, that are quickly stealing the attention of young finance professionals. And the interest in Bitcoin, Ethereum and alt coins is causing some in the industry to wonder if the phenomenon can […]

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Business Loan Broker Shamed on TV by Investigative Reporter

January 5, 2018
Article by:

shame

A business loan broker found himself on the wrong end of Television fame this week when award-winning investigative reporter Arnold Diaz showed up at his office to question him about fees charged to merchants for loans he did not procure. The exchange, which was captured on camera and broadcast on WPIX-11 in New York, shows […]

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In 2018, Sell More and Make More Money

January 4, 2018
Article by:

I sold more

Did you hear about the MCA sales rep that made a $160,000 commission this week on a single deal? It was a monster deal, the largest ever approved by the company that funded it. Numbers like that are proof that facilitating commercial finance deals is still red hot. That’s me in that photo above, wearing […]

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Creating a Credit Standard for Canadian Merchants

December 26, 2017
Article by:

Jeff Mitelman Thinking Capital

Jeff Mitelman, CEO, Thinking Capital The Canadian alternative lending market is in earlier innings than the US market, which creates unique opportunities for funders and merchants alike. Indeed, the Canadian market is one comprised of nuances that distinguish it from the lower 48, which we have spotlighted before, and 2018 is shaping up to be […]

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Letter From The Editor

December 23, 2017
Article by:

2018

This letter appeared in deBanked’s Nov/Dec 2017 magazine issue. To receive copies in print, SUBSCRIBE FREE It was a year to remember, our sources declare ‘Twas the Jan/Feb issue I wrote about my loan from Square Through March into April salespeople closed deals via text As banks looked to fintech as their plan for what’s […]

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MCA’s Top Social Media Voice

December 18, 2017
Article by:

Jennie Villano

LinkedIn has unveiled its top 10 voices for marketing and social media. Fintech did not make the list, but perhaps the social networking site didn’t look hard enough. If they had been following Jennie Villano, who on Dec. 1 joined Kalamata Advisors as vice president of business relationships, that list might have included a nod […]

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Banks Set Sights on Small Business Loans Under $100,000

December 13, 2017
Article by:

Bank

BOSTON – One of the oldest lenders in the nation had a hand in developing technology intended to enable banks to win back the small business loan market from alternative lenders. Photo credit: Mike Mozart, JeepersMedia A tech incubator at Boston-based Eastern Bank, founded in 1818, has spun off Numerated Growth Technologies Inc., a startup […]

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deBanked Connect: Miami — SOLD OUT

December 12, 2017
Article by:

debanked miami sold out

deBanked’s cocktail networking event on January 25th in South Beach is now SOLD OUT! BUT WAIT If you missed out on your chance to RSVP, you can still register for our much bigger, better, and more comprehensive event on May 14, 2018 in Brooklyn; Broker Fair 2018. With 20 sponsors already signed on, Broker Fair […]

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