Newsletter Sent On: 05/29/2019

Image Algorithms, Inspectors Spot Fake Borrowers Read more

Funding These Franchises? Read This First
United States Senator Catherine Cortez Masto is concerned with the abilities of four major franchises to repay business loans, according to a letter penned to the Small Business Administration. Read more

Lawyers: Earn CLE Credits While Learning About Alternative Finance
Industry attorneys, the AFBA is gathering again for its annual NYC event on June 13th and 14th Read more

Canadian Alternative Finance Event Calendar
Here's what's on the agenda this Summer for the Canadian alternative finance industry. Read more

Jonathan Braun Sentenced to 10 Years
Jonathan Braun, who Bloomberg Businessweek profiled in a merchant cash advance story series, was sentenced to 10 years for drug related offenses yesterday morning at the federal courthouse in Brooklyn.... Read more

Excited About Bitcoin's Sudden Price Surge? Not So Fast
The scary thought sending a chill through the crypto universe right now is that the money claimed to be on deposit in a bank somewhere to back the value of Tether might not exist. That would mean that billions of dollars in USDT buy orders, a confidence signaling, price boosting activity on exchanges, should not be measured as if USDT represents real dollars. Read more

Liquid FSI partners with Stackfolio
Through this new partnership with Stackfolio, all of Liquid FSI’s applicants will now automatically be posted to Stackfolio’s marketplace. Read more

BFS Capital Joins ILPA
The Innovation Lending Platform Association (ILPA), a group of online small business financing and service companies, announced the addition of BFS Capital. ILPA is known for creating the Straightforward Metrics Around Rate and Total Cost (SMART) Box. Read more

NY DA joins AG, FTC on MCA scrutiny
The Manhattan district attorney is pursuing a criminal investigation of a group of cash-advance executives, people with knowledge of that effort said. Read more

Canada's Alternative Financing Market Is Taking Off
Historically, the Canadian credit market has traditionally been dominated by a few main banks; consumers or businesses that weren’t approved for funding through them didn’t have a multitude of options. The door, however, is starting to unlock, as awareness increases about financing alternatives and speed and convenience become more important, especially to younger Canadians. Read more

The Road Back to Residual Commissions
"We’re still getting resids from a company 14 years later." That’s what Phil Dushey said about a factoring client he has at Global Financial Services, ... Read more

Small Business Finance Broker Wins Entrepreneur Of The Year
Sonia Alvelo, CEO of Newington, CT-based Latin Financial LLC, has been awarded Entrepreneur of The Year by the Latinas & Power Symposium. The event, incubated in Hartford, Connecticut in 2004, is the largest of its kind in New England and has reached upwards of 8,000+ women since its inception. Read more

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

Last Call For Early Bird Pricing to deBanked CONNECT Toronto
Early Bird Pricing Ends Tomorrow! Join the Canadian small business finance industry on July 25th in Toronto. Read more

A deBanked event is coming to Canada on July 25, 2019

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