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| deBanked Returned to Miami. Watch it! (Video) Read more |
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DailyFunder Still #1 Small Business Finance Community DailyFunder, the small business finance forum founded by Sean Murray in 2012, continues to be the leading online community for the industry, according to a recent announcement. The forum recently surpassed 10,000 registered members... Read more |
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Study Shows APR Disclosure Proposals Are Confusing |
| The Small Business Finance Association (SFBA) today released a study conducted by Kingsley-Kleimann Group that tested commercial finance disclosures with small business owners. Participants tested in New York and California indicated APR is not fully understood and misleads merchants about the real cost of commercial finance products... Read more |
The Roosevelt Hotel is Closing Permanently Due to Pandemic Losses |
| After nearly a century of quintessential Manhatten hospitality, the Roosevelt Hotel is closing by the end of the month, sources say. A relic of classic New York that survived the Great Depression, WWII, and Broker Fair 2019... Read more |
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Enova Completes Acquisition of OnDeck |
| The acquisition creates a company with significant scale and diverse product offerings in consumer and small business market segments with combined originations of nearly $5 billion in 2019 and approximately seven million customers. Read more |
Important News for MCA Collection Actions in New York - Governor Cuomo Lifts New York Civil Litigation Tolling Deadlines After November 3, 2020 |
| On March 7, 2020, Governor Andrew M. Cuomo issued Executive Order No. 202 Declaring a Disaster Emergency in the State of New York due to the COVID-19 pandemic. Executive Order 202 was followed by Exe... Read more |
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The Power of the FTC is Under Siege |
| The FTC has a slight problem, federal courts around the country are ruling that the regulator does not have the power it presumes it had. Now the issue is heading to the United States Supreme Court Read more |
DailyPay Allows Early Paychecks, Sees Adoption Rise in Pandemic Era |
| Americans are worried about paying their bills. DailyPay, a payment flexibility platform, gives businesses the ability to let workers access their paycheck early. For customers using the platform— no ... Read more |
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LendingClub Formally Ends Peer Aspect of Its Business |
| LendingClub announced it would cease offering and selling Member Payment Dependent Notes effective December 31st. Read more |
Square, Stripe, Intuit, Shopify, Talked SMB Lending at LendIt Fintech 2020 |
| The LendIt Fintech digital conference was a sign of the times. This year, millions of average businesses and consumers have had to go virtual: they had no choice. 2020 has been a year of str... Read more |
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