Newsletter Sent On: 08/23/2019

Gold Rush: Merchant Cash Advances Are Still Hot Read more

Calls For Oversight As SBA Loans Go To Wall Street, Investor Funds, And High End Businesses In Beverly Hills
In a report released this month by, a non-partisan non-profit organization, outlined how and who the SBA had guaranteed loans for in the years between 2014 and 2018. Covering various ... Read more

Funding Circle Surpasses $10B in Loans
The figure includes the UK, US, Germany, and the Netherlands Read more

For Sale: Three Loan Portfolios Held By Direct Lending Investments
The Court-appointed receiver of the now-defunct hedge fund, Direct Lending Investments (DLI), is gearing up to sell three loan portfolios with an aggregate par amount owed of $29.8 million. The portfo... Read more

Jamie Dimon Among 181 CEOs Pledging to Look Beyond Investors
This week, JPMorgan Chase CEO Jamie Dimon along with 180 other CEOs published a statement committing themselves to rethinking corporate priorities and their responsibilities as leaders of business.... Read more

Princeton Alternative Income Fund Saga Devolves Into SEC Investigation, RICO Lawsuit
The demise of the Princeton Alternative Income Fund has resulted in several ugly twists and turns. In addition to a slew of lawsuits, the bankrupt hedge fund is also being investigated by the Securiti... Read more

Turning a New Leaf: Banking Committee Chairman Says It's High Time for New Cannabis Company Regulations
Recent years have seen a surge of popularity for the legalization of cannabis movement across the United States. Beginning with the normalization and legalization of the herb for medicinal use, and th... Read more

Alan Heide, CFO Of 1 Global Capital, Hit With Criminal Charge & SEC Violations
The former CFO of 1 Global Capital, Alan Heide, was stacked with bad news on Thursday. The US Attorney's Office for the Southern District of Florida lodged criminal charges against him at the same t... Read more

The 2019 Top Small Business Funders By Revenue
Here are the numbers so far based on what's publicly available Read more

J-Lo, A-Rod Invest in Acorns
Via Fox Business: Jennifer Lopez and Alex Rodriguez are the two latest celebrities to invest in fintech company Acorns Grow Inc., joining other big-name stakeholders like Ashton Kutcher and Kevin Durant. Read more

Trump Administration to Automatically Forgive Federal Student Loan Debt for Totally and Permanently Disabled Veterans
President Donald J. Trump signed a Presidential Memorandum that will significantly streamline the process to erase federal student loan debt for totally and permanently disabled veterans. Read more

Top Crypto Cop Joins Coinbase's Law Firm
Robert A. Cohen will join the corporate law firm Davis Polk & Wardwell LLP as partner. The firm is known for representing several crypto firms including Coinbase, as well as large legacy financial institutions, according to a Wall Street Journal report. Read more

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

DOJ's Announcement on Charges Against 1 Global's Former CFO
Via Read more

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