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TODAY IS THE LAST DAY TO BECOME A SPONSOR OF DEBANKED CONNECT: SAN DIEGO - EMAIL EVENTS@DEBANKED.COM Read more |
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How Broker Copelon Kirklin Became a Dealmarker I wake up at 6. I get a quick breakfast. I check my emails and then on to phone calls... Read more |
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War on Debt Settlement Industry Continues |
| After a crazy MCA restructuring scheme in 2016 led to arrests, about a dozen companies have been sued since Read more |
Funders Suspend ACH Debits as Hurricane Florence Approaches |
| Two funders have announced the suspension of ACH debits for merchants in the hurricane's path Read more |
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CAN Capital to Grow Team and Business With New Facility |
| CAN Capital announced that it agreed to a financing transaction of up to $287 million, provided by Varadero Capital. This is CAN Capital’s second facility with Varadero Capital. The first one came in July 2017. Read more |
Expansion Capital Group Puts South Dakota on the Map |
| With most alternative lenders based in New York, Florida or California, ECG is definitely unique geographically. But the company’s CFO Tim Mages told deBanked that despite the relative obscurity of the city, with a respectable population of 183,000, the city is a very good place to start a business. Read more |
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Varo Money Eyes Next Year for Bank Launch |
| San Francisco-based Varo Money just cleared a major hurdle in its pursuit to become a bank. Varo Bank N.A. received the preliminary green light from the Office of the Comptroller of the Currency (OCC) to form a de novo national bank. It brings Varo one step closer to becoming the maiden all-mobile national bank in the United States. Read more |
FTC May Target Online Small Business Lenders |
| According to Politico, Mr. Smith said that FTC was particularly interested in online lending, with an emphasis on small-business lending. Read more |
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Lending Tree is Fintech's Secret |
| Via TechCrunch: Sometimes we overlook the companies that hail from the era that precedes the current wave of fintech fascination, a vertical which has accumulated over $100 billion in global investment capital since 2010. Read more |
RDM Capital Funding Secures $7.5 Million Credit Facility from Charleston Capital |
| RDM Capital Funding, LLC, a technology enabled specialty finance company, announced that it has entered into a new $7.5 Million credit facility with Drift Credit Opportunities Fund, LP, an affiliate of Charleston Capital Management, LLC. This is the first institutional credit facility for RDM Capital Funding, which was launched in 2015 and focuses on financing for small businesses throughout the United States of America. Read more |
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Read the Latest Issue of deBanked Magazine |
| See all the stories in PDF Read more |
OnDeck Tops $10 Billion |
| OnDeck celebrated becoming the first non-bank online lender to surpass $10 billion in total loans originated to small businesses. 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 |
What Did Advisors Know About 1st Global Capital? |
| One said that he and other financial advisors were invited to the 1st Global office in Hallandale Beach, FL where they were taken on a tour of the two-floor space. The advisor said he was very impressed. Read more |
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