Newsletter Sent On: 02/15/2018

From the Latest deBanked Magazine Issue Read more

17 Speakers Already Announced for Broker Fair 2018
Brokers, ISOs, this is the event you don't want to miss! Read more

South End Capital Hits $100M Milestone in Subprime SBA Loan Closings
Managing Director Noah Grayson explained that SECC’s SBA clients often have credit in the 560 to 660 range and a unique business and/or special-purpose collateral (bowling alley, hotel, land, etc.) Read more

SmartBiz Surpasses JP Morgan Chase as Largest SBA 7(a) Lender for Loans Under $350k
They beat out JPM by $7 million last year Read more

James Mendelsohn Joins Breakout Capital as CMO
Mendelsohn was previously the chief marketing officer of CAN Capital Read more

An MCA Cook-off?
Abe Zeines cooks with Kalamata Capital's Jennie Villano... on video Read more

OnDeck Reported Q4 Profit of $5M
By many measures, OnDeck finished off 2017 pretty well Read more

Yalber Obtains $20M Credit Facility
Yalber CEO Amir Landsman told deBanked that the money was raised primarily in response to increased demand for capital. The company will use the new credit facility to satisfy customer demand for funding and to continue building out its technology platform Read more

SoFi Loan Performance Suffers
Their personal lending efforts are facing challenges Read more

Behalf Secures $150M in Debt Capital
Benjy Feinberg, CEO of Behalf Behalf’s business model works in the same way as a credit card. The small business customer doesn’t receive money from Behalf. Instead, Behalf pays the vendor of its small business customer directly, and then the customer pays Behalf Read more

SEC Chair Said That Every ICO He's Seen is a Security
Chairman Jay Clayton hasn't been too impressed with Initial Coin Offerings as a capital raising method from a legal standpoint so far Read more

Goldman Sachs' Marcus Will Move The Needle
The normal disruptors in most of the spaces that we see disrupting businesses at this point don’t have the balance sheet and frankly aren’t licensed deposit takers as we are, Lloyd Blankfein said Read more

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

NepFin Launches First Online Commercial Lending Platform for Mid-sized Businesses
NepFin is targeting businesses with between $10 million and $100 million in revenue. NepFin provides loans of up to $60 million Read more

Bibby Closes Q4 2017 with Over $35M in Commercial Financing
The company saw seven percent more new clients in 2017 than in 2016 across all lines of business and nearly doubled its business in Bibby Transportation Finance. Read more

Amazon Has Partnered With Bank of America for its Lending Program
Amazon Lending is an invitation-only program that makes loans of $1,000 to $750,000, with terms of up to a year, for companies that may have difficulty landing traditional business loans. In June 2017, Amazon said it issued more than $1 billion in loans during the previous 12-month period. Read more

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