Newsletter Sent On: 05/23/2018

Demand for MCA Exceeds Demand for Factoring Read more

All of Broker Fair 2018's Photos
You may have seen the curated pics on deBanked, but the entire cache of them can be found here Read more

Kabbage Reveals Plans for a Reverse Play
Can a lending company go into payments? After watching Square and PayPal go from payments to lending, Kabbage seems to think it's the right move to do the reverse Read more

Panelists Share Marketing Advice at Broker Fair
Three industry experts shared their marketing tips on May 14th Read more

BFS Capital's Marc Glazer Returns as Interim CEO
To date, BFS has delivered more than $1.75 billion in total financing to small and mid-sized businesses, including $300 million funded in 2017. Read more

The Broker Fair Story Through Photos
How the day unfolded Read more

The Broker Fair Story Continued
An extended glimpse into the industry's inaugural event Read more

Fundbox Partners with Eventbrite to Provide Credit to Event Organizers
Fundbox Chief Business Officer Sebastian Rymarz told deBanked that event planners for small businesses often have to lay out a lot of money up front – to secure a venue, rent equipment or pay for a performer – before they get paid through ticket sales later Read more

Debt Company Restrained by Judge
Rather than attempt to settle an MCA judgment, the defendants ran off with the money held in trust, plaintiffs argued. Exhibits showed a debt company advising a merchant on how to cover up the paper trail Read more

Credit Scores Are Rising, LendingTree Finds
Jacksonville, Indianapolis, Denver and Tampa saw the highest rate of rising credit scores among the 50 biggest metros from Q1 2017 to Q1 2018. Read more

Americans Are Prioritizing Phone Payments Over Car Loans
Via Bloomberg Read more

LendingPoint Secures Credit Facility of up to $600M
The direct consumer lender had previously secured a facility in September 2017 for $500 million, bringing its recent combined credit facility to $1.1 billion, in just nine months. Read more

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

Small banks trump Wall Street on Dodd Frank rewrite
Via Reuters: While Wall Street banks lobbied hard for a range of provisions that would have weakened the 2010 Dodd-Frank reform law and boosted their profits, they got trumped by their smaller rivals, according to lobbyists, Congressional staff, bankers and disclosure records. Read more

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