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| Lawyers Weigh in on Major MCA Court Victory Read more |
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How One CEO Unified Two Companies with Different Cultures on Different Coasts While the technical merger of Reliant Funding and Merchants Capital Access happened in April 2015, the newly enlarged entity operated as two distinct brands until September 2017 Read more |
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How A New Hampshire Teen Launched A Lending Company And Climbed Into The Inc. 500 |
| In its third year, the company earned $1.6 million in annual commissions and generated $18 million in deals. The beginning, however, was quite humble Read more |
It's Settled, MCA Not Usurious |
| On Thursday, March 15th, The Appellate Division of The First Department published their unanimous decision that the underlying Purchase And Sale of Future Receivables agreement between the parties was not usurious Read more |
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Fora Financial Welcomes Director of Sales Development and Director of Partner Relationships |
| Michael Hollander has been appointed the Director of Sales Development, and Tyson Garrett will serve as Director of Partner Relationships Read more |
CommonBond Secures $50M Series D Equity Round, Led by Fifth Third Bancorp |
| Other New Investors Include First Republic Bank and Columbia Seligman Investments Read more |
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Lendr Partners with MidCap Financial Trust to Close $25 Million Senior Credit Facility |
| MidCap Financial Trust served as the Administrative Agent for the transaction. The deal agreement provides Lendr with increased financing power and the expansion of the facility to $50 million. Read more |
NYDFS Sends Survey Request to Online Lenders |
| The letter states that the DFS is conducting the survey to gather information for a public report that it is required to issue by July 1, 2018 and which must include information about online lenders operating in New York and their business practices, including lending practices, interest rates and costs charged, and consumer complaints and investigations about the industry Read more |
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U.S. business borrowing for equipment jumps 31 percent in February: ELFA |
| Companies signed up for $7.7 billion in new loans, leases and lines of credit last month, up from $5.9 billion a year earlier. Borrowing rose 13 percent from January Read more |
Banks Doled Out Millions to Fraudsters |
| Contreraz, 48, of Frisco created consistently high-quality fraudulent documents that tricked lenders into thinking they were valid, according to plea documents in the case. More than 95 percent of his clients agreed to submit them, according to the documents Read more |
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CFPB Seeks Comment on Inherited Regulations |
| The CFPB has issued a request for information that seeks comment on its inherited regulations and inherited rulemaking authorities. Comments on the RFI must be received on or before 90 days after the date the RFI is published in the Federal Register, which the CFPB expects to occur on March 26, 2018 Read more |
U.K. Fintech Sector Strategy Announces Crypto Asset Task Force |
| The Crypto Assets Task Force will be composed of representatives from the Bank of England (BOE), HM Treasury and the Financial Conduct Authority (FCA) Read more |
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Get Certified in MCA Basics |
| Make sure you know how MCAs really work before you sell them Read more |
32 Speakers Have Signed to Speak at Broker Fair 2018 |
| ISOs: You won't want to miss this conference Read more |
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'Million Dollar Listing' star Ryan Serhant's 5 steps to become a master salesperson |
| Serhant is a master at closing deals and growing businesses. He also stars in the two-time Emmy-Nominated Bravo TV series Read more |
Don't Wait Too Late to Book a Room at The William Vale |
| The Broker Fair room block is almost sold out! Read more |
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