Announcements

Strategic Funding Source Announces Launch of New Brand Identity; Unites its Funding Arm and Servicing Arm Under the name Kapitus

January 15, 2019
Article by:

kapitus

Change reflects new strategy, expansion of product portfolio, technology advancements and a renewed commitment to provide financing to more businesses New York, NY – January 15, 2019 – Strategic Funding Source, a veteran of the small and medium-sized business alternative lending space, today announced the launch of a new corporate brand identity, including a new […]

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DataMerch.com Surpasses 20,000 Records Heading into 2019

January 9, 2019
Article by:

company news

DataMerch.com surpasses 20,000 records heading into 2019 DataMerch continues rapid growth and adds many new members and merchant records Tampa, Jan. 9, 2019 /DeBanked/ — Today, DataMerch.com, an online underwriting database for the alternative financing industry, announced that they have surpassed over 20,000 records in their database.  DataMerch has been servicing funders in the alternative financing field since […]

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CAN Capital Hires Edward J. Siciliano as Chief Executive Officer

January 8, 2019
Article by:

Ed Siciliano

Atlanta, GA (January 8, 2019) – CAN Capital, a technology-driven small business specialty finance company, today announced the appointment of Edward J. Siciliano as Chief Executive Officer. Siciliano brings over 30 years of experience in commercial financing, sales, marketing and operations. Siciliano joins CAN Capital most recently from Marlin Business Services, a nationwide provider of […]

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Janene Machado Wins PCMA’s RISE Award

December 18, 2018
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Janene Machado

Janene Machado, deBanked’s event planner, was honored by the Professional Convention Management Association (PCMA) last week with the RISE Award. The RISE Award is given to a new member who has made the most impact to the chapter. With more than 7,000 members and an audience of more than 50,000 individuals, the PCMA is the […]

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deBanked’s “Ice Edition”

December 14, 2018
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deBanked Ice

deBanked’s final issue of 2018 is in the mail. We’re calling it the ice edition because of how the cover’s colors came out. For November/December we cover the new legislation in California, what’s happening in New Jersey, and what may be still to come. In addition we tackle the concept of open banking, delve into […]

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Velocity Capital Group (VCG) Secures $15 Million Series A Financing

December 11, 2018
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Velocity Capital Group

Businesses Flourish with Adequate Funding at their Fingertips CEDARHURST, NEW YORK—DECEMBER 10,2018​–​V​elocity Capital Group recently secured another $15 million in financing. This will strengthen their ability to provide assistance to more small businesses and organizations. While the name might be new to some, Velocity Capital Group is no stranger to the business world. Servicing small […]

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Commercial Finance Coalition to Host Open House in NYC

December 11, 2018
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CFC Open House

The Commercial Finance Coalition, an industry trade group, is hosting an open house for current and prospective members on December 18 in New York City. It’s at the Park Avenue Tavern from 6pm to 8pm. If you are interested in attending, please contact Mary Donohue at mdonohue@polariswdc.com.

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SBFA Announces Support for The Small Business Fairness Act

December 7, 2018
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SBFA

The bill would provide greater protection for small businesses The Small Business Finance Association (SBFA) today announced support for S.3717, The Small Business Fairness Act introduced by Senator Sherrod Brown (D-OH) and Senator Marco Rubio (R-FL). The bill would provide the Federal Trade Commission more clarity to protect small business owners from being forced to […]

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GreenSky Reports Record High Volume

November 8, 2018
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GreenSky IPO

GreenSky reported record high transaction volume in the third quarter of $1.4 billion, up 33% year over year, from $1.05 billion in 2017. It also reported a record net income of $46 million and its revenue increased 29% to $113.9 million year over year. Based in Atlanta, GreenSky (NASDAQ: GSKY) provides loans for home improvement […]

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National Funding Announces New President

November 5, 2018
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Joe Gaudio National Funding

Today National Funding announced that Joseph Gaudio has been promoted to President of the company, reporting directly to founder and CEO Dave Gilbert. Previously, Gaudio was Chief Operating Officer. “I can’t think of a more exciting time to be a part of the business and the SMB lending industry,” Gaudio said. “I look forward to […]

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