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| We've Acquired All Of DailyFunder Read more |
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Register For Broker Fair 2020 deBanked's Largest Ever Event Comes to NYC on May 8th Read more |
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Lender Ranking Website Accused By FTC Of Misleading Rankings |
| LendEDU, a Hoboken-based company that lists and ranks loan providers, came under fire this week after the FTC filed a complaint detailing how LendEDU charged businesses for higher positions in its rankings ... Read more |
CAN Capital Brings On Edward Dietz as Chief Compliance Officer & General Counsel |
| CAN Capital is continuing its executive hiring spree into 2020 with the news that it has brought on Edward Dietz as its latest Chief Compliance Officer and General Counsel. After providing legal exper... Read more |
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Ocrolus Partners with Kiva to Provide Funding and Publish its Customers’ Stories |
| Ocrolus has announced a partnership with Kiva, the Californian non-profit that provides loans to entrepreneurs in countries underserved by funding options. The deal comes after news of Ocrolus’s partn... Read more |
Goldman Sachs-Amazon Deal to Offer Small Business Loans in the Works |
| Tech giant Amazon is reportedly in talks with Goldman Sachs to offer business loans to those small and medium sized merchants operating on its marketplace, according to sources that the FT describes... Read more |
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Kabbage Introduces Customized Short Term Loans |
| Today Kabbage, the Atlanta-based fintech company that has been funding businesses since 2009, announced its latest product: customized short-term loans that are a result of the combination of Kabbage ... Read more |
Loan Brokers Attack Online Direct Lending in Super Bowl Commercial Duel |
| The battle is on between lenders and brokers in the mortgage space as middlemen try to out-compete push-button loan technology.Quicken Loans ran a Super Bowl Commercial that featured Game of Thr... Read more |
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Appellate Court Affirms Decision in Merchant Funding Services, LLC v Micromanos Corporation etc. |
| On January 29th, 2020 the Appellate Division, 2nd Department, of the Supreme Court of New York, upheld the original decision issued in Merchant Funding Services, LLC v Micromanos, etc. et al.. The cas... Read more |
Liberis Secures $42 Million in Funding, Plans American Expansion |
| Liberis, the London-based small business finance provider, secured £32 million ($42 million) in capital late last month following a round of equity fundraising. The firm, which has funded businesses t... Read more |
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New York Appellate Court Overturns QFC, LLC v Iron Centurian, LLC |
| The Appellate Division, 2nd Department of The Supreme Court of New York, overturned QFC, LLC v Iron Centurian, LLC and Mohamed Sadiqui last month, granting victory to a merchant cash advance company. ... Read more |
One Of The Most Devastating Court Decisions Against Merchant Cash Advances Has Been Overturned |
| MCAs have sat on comfortable legal footing in New York ever since an appellate court ruled in favor of Pearl Beta Funding, LLC against Champion Auto Sales, LLC in 2018, but even so, ... Read more |
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May 18, 2020  |
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