Newsletter Sent On: 03/26/2020

$2 Trillion Relief Bill to Pass, Includes Small Business Funds Read more

The Pandemic, The Economy, and The Presidential Race
An early release from our Mar/April magazine issue Read more

European Challenger Bank Revolut Launches in US
Revolut, the London-based digital-only bank, announced the public launch of its app in the United States. The news came as a surprise to the thousands of potential American customers who sig... Read more

Lists of States Where Non-Essential Businesses Have Been Ordered to Close
Make sure you know about individual state orders that could affect a small business's ability to operate. Below is a list of states and regions that have ordered some or all non-essential businesses t... Read more

New York Supreme Court Grinds to a Halt
Amid the Coronavirus pandemic, the New York Unified Court System has modified its protocols. Among the limitations, the Supreme Court will only be handling Read more

Knight Capital's Intangibles As Reported Through Ready Capital's Year-End Earnings
Last year, Ready Capital Corporation (NYSE: RC) acquired small business funding provider Knight Capital. RC's year-end earnings provided some additional insight into the state of Knight Capital a... Read more

Online Lenders Ask Congress For Capital For Help and To Help
Members of Financial Innovation Now (FIN) have called on senior members of Congress to play a role in supporting small businesses with capital support and by loan distribution. Among their suggestions... Read more

Canadian Lenders Association Announces Creation of Covid-19 Working Group
The Canadian Lenders Association has announced its establishment of a covid-19 working group to support its members’ response against the coronavirus. The group will act as an advisory committee and r... Read more

Square is About to Become a Real Bank
Square is on its way to becoming a bank. The payments and online lending company was approved by both the FDIC and the Utah banking regulator this week to create a de novo Read more

Maryland Merchant Cash Advance Prohibition Bill Put on Hold After State Abruptly Ended The Legislative Session
The State of Maryland decided to end their 2020 legislative session late last night rather than on the original April 6th deadline, due to COVID-19 concerns. Legislators managed to pass 650 bills in a... Read more

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