Newsletter Sent On: 11/02/2017

United Capital Source Has Been Acquired By Newtek Read more

6th Avenue Capital Secures $60 Million
According to the press release, the commitment is from a large institutional investor Read more

View From the C-Suite
Three alternative business funding execs talk shop, the landscape, and the future. In this story, deBanked interviewed National Funding president Torrie Inouye, 6th Avenue Capital CEO Christine Chang, and Elevate Funding CEO Heather Francis Read more

Kabbage Co-founder On The Forbes List of 100 Most Powerful Women
Turn to #98 and you'll find Kabbage COO Kathryn Petralia. Actress Priyanka Chopra was one in front of her at #97. Read more

Fundera Surpasses $500M in Loans Funded
The company's marketplace matches business owners with lenders and funders Read more

LendingTree Announces The Top Customer-Rated Lenders
Some top names include RapidAdvance, Lending Club and Marcus by Goldman Sachs Read more

LendUp May Have a Leg-up
The online consumer lender had envisioned a CFPB rule since the very beginning and now may be uniquely positioned to benefit from it Read more

StreetShares Posts Big Fiscal Year 2017 Loss
The company's revenue is still being outdone by line items like payroll Read more

Orchard to Launch Online Lending Industry Page on the Bloomberg Terminal
Via Orchard: Orchard seeks to provide investors with access to quality data and technology solutions to conduct analysis and make well-informed investment decisions, said Matt Burton, CEO and Co-Founder of Orchard Platform Read more

Swift Capital Fetched $183M From PayPal
You need not wonder any longer, PayPal disclosed the purchase price details in their recent quarterly filings Read more

VPC Exits Avant Loans
Via AltFi: VPC has sold out of its exposure to Avant loans as planned Read more

Serial TCPA Plaintiff Back in the News
Craig Cunningham, who we've reported on before, has filed more than 80 TCPA lawsuits. This Forbes article says that in his latest one, Cunningham took extra steps to hunt big game Read more

Get Certified in MCA Basics
Make sure you know how MCAs really work before you sell them Read more

Register For Broker Fair 2018
Broker Fair 2018 is the inaugural conference for MCA and business loan brokers. Register today! Read more

deBanked® Tracker as of November 02, 2017

NamePriceYTDYTD %
China Rapid Finance7.99+33.17%
Lending Club5.64+7.43%
IOU Financial0.120-57.14%
NamePriceYTDYTD %
P2P Global Investments784.50-0.14%
Ranger Direct Lending776.50-21.17%
FC Income Fund103.50+2.48%
VPC Specialty Lending77.55-1.52%
NamePriceYTDYTD %
NASDAQ Bank Index3915.58+1.64%
S&P 5002579.36+15.21%
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