How Should a Funder Market? Read more |
1 Global Capital Issued Securities, Court Rules 1 Global Capital's founder suffered a major setback in his case with the SEC earlier this month, when the Court ruled that his company’s Syndication Partner Agreements and Memorandums of Indebtedness were in fact securities. Read more |
Greenbox Capital Stops Using COJs |
The company announced that they've suspended the use of COJs indefinitely Read more |
Tips For Trade Show Success |
Conference season will soon kick off, but many attendees are at a loss at how to score big at these events. Without a doubt, trade shows and conferences offer participants a prime opportunity to boost brand exposure, make professional connections and increase sales. Read more |
Shopify is Quickly Climbing the Ranks of the Largest Small Business Funders |
Shopify originated $277 million in merchant cash advances in 2018, according to their quarterly earnings reports. That figure already places them among the largest small business funding providers nationwide. Read more |
With Interest Rates Up, OnDeck’s Cost of Funds Comes Way Down |
OnDeck’s cost of funds dropped significantly in 2018, according to their last quarterly report. The rate was 5.6% in Q4, compared to the 6.8% it started off at in Q1. Read more |
Why the Human Connection is Still Important in Debt Recovery |
The CEOs and lawyers for debt recovery companies, particularly those in the commercial space, say that speaking to merchants over the phone is the best way to collect money for their clients. Read more |
‘Peers’ Are Almost Gone From Lending Club’s Funding Mix |
On Tuesday, Lending Club, a pioneer in the peer-to-peer lending space, reported that only 6% of its Q4 originations came from individual self-managed accounts. Accounts professionally managed for individuals made up 16%, with the rest of the loans being funded by a combination of banks, institutions, and Lending Club itself. Read more |
Small Community Banks Power Fintech Revolution |
Small banks are powering the revolution but they're also the resistance as fintechs try to become banks themselves Read more |
New York Legislators Introduce Small Business Usury Bill |
Two members of the New York State legislature have introduced a bill to apply consumer usury protections to small businesses. Read more |
Direct Lending Fund Suspends Withdrawals After Big Loan Goes Bad |
Via Bloomberg News Read more |
OnDeck Adds Experienced Risk, Partnerships and Marketing Executives |
The company made 3 key hires Read more |
Get Certified in MCA Basics |
Make sure you know how MCAs really work before you sell them Read more |
Commonbond Receives Financing From Major Banks |
Commonbond announced that it has signed $750 million in lending capacity from Goldman Sachs, Citibank, Barclays, BMO, and ING. Read more |
Thanks to Our Email Newsletter Sponsors |
|
Found this email in your junk folder? Make sure to specifically whitelist both sean@debanked.news and funded@debanked.deals :-) |
SUBSCRIBE HERE |