Newsletter Sent On: 10/16/2019

The Broker: Funding Businesses The Irish Way Read more

CAN Capital Announces New CCO
We are proud to announce that we have hired David Lafferty as CAN Capital’s new Chief Credit Officer (CCO), the company said. Read more

National Business Capital & Services Expands into Cannabis Funding with CannaBusiness Financing Solution
National Business Capital & Services (NBC&S) announced it has begun serving cannabis companies. Through its new program, CannaBusiness Financing Solution, NBC&S is now accepting applications for loans starting at a minimum of $10,000 from firms in the industry that are over one year old. Read more

Did You Own Bitcoin Before The 2018 Crash? This Bitter Group of Crypto Plaintiffs Think You May Be Entitled to $1.4 Trillion in Damages
A group of plaintiffs whose Bitcoins suffered the great crypto crash of 2018, have a rough idea of how much damage was caused ($1.4 trillion) and who exactly was damaged, everyone. Read more

Google Bans Loan Apps From App Store If Personal Loan Offers Exceed 36% APR
Google is implementing new rules for consumer lenders who have apps in the Google Play app store. And they're pretty strict. If a lender offers loans that exceed 36% APR, their app will be banned.... Read more

6th Avenue Capital Secures Convertible Note From Star Strong Capital
6th Avenue Capital, LLC announced the close of a convertible note provided by Star Strong Capital, a venture debt investor in early stage businesses with a strategic focus on founders and management teams with diverse and non-traditional backgrounds. Read more

New York Attorney General Secures Judgment Against Cardis Enterprises International
New York Attorney General Letitia James announced today that she had secured default judgments against numerous entities and individuals involved in a $30 million fraud. In December 2018, the New ... Read more

BFS Capital Launches Canadian Tech Hub
Small business lender BFS Capital is making an expansion push with the creation of a new data science and engineering hub in Toronto. BFS, which serves customers in a trifecta of jurisdictions that in... Read more

Salaries For All, Even For Gig Workers
Created in 2016 with the aim to provide support to self-employed people via income smoothing, Trezeo offers workers whose income streams may be irregular the opportunity to have structured and regular paydays similar to those who earn a salary. Read more

A Tough Neighborhood: Ashton Kutcher-Backed Startup Can’t Pay Employees
Neighborly, a San Francisco-based startup backed by Kutcher, announced yesterday that it won’t be able to pay its employees for the foreseeable future. In an internal memo that was viewed by Bloomberg... Read more

What Happened to Borro?
Borro expanded into property lending, ran into trouble, and then hit a handful of snags that crippled the company Read more

Puff, Puff, Pass the Bill: House Approves Cannabis Banking Bill, Forwards it to Senate
Last month the House of Representatives passed the SAFE Banking Act, which provides for the lifting of red tape preventing cannabis companies from accessing banks and lenders.Currently, such busin... Read more

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