Newsletter Sent On: 06/29/2021

Congress Says Nope to True Lender Rule Read more

Video Lesson: Lenders vs. Funders, Getting the terminology right
Are you calling MCA companies lenders? Bad form. Watch this! Read more

Microbilt, Others Sued by the SEC
Microbilt and several co-defendants have been sued by the SEC over their fundraising Read more

Virtual Fintech Meet-ups Transition Back to In-Person
In one week, there were two fintech meetups. One was a virtual network-o-thon, a chat roulette-like elevator pitching practice extravaganza put on by Money 2020 founder Anil Aggarwal. The other event ... Read more

Funding E-Commerce Businesses Helped This Startup Get Acquired Right After They Launched
Less than eight months after Yardline announced their launch in the e-commerce financing space, they were acquired by Thrasio. The blazing fast progression from launching to selling the company sugges... Read more

Orlando SBA Lender Fountainhead Funds $4 Billion+ in PPP
Fountainhead, an Orlando-based SBA lender, funded over $4.72 billion in PPP loans to SMBs in the past 15 months. According to the SBA, the 30 member team facilitated the 12th most PPP loans in the cou... Read more

Tether is Now So Big, Its Collapse Could Disrupt the Short-Term Credit Markets
More than $62.5B worth of Tethers have been printed in the last few years to facilitate liquidity in the crypto markets. The system has worked because the company behind Tether had long claimed... Read more

The Small Business Finance Industry is BACK
The industry is back. I say this while sitting in a Miami hotel, my third such trip to Florida since becoming fully vaccinated against Covid in May. There's a lot of action going on. I've sat down... Read more

A guide to licensing requirements in the 50 states
This is part 1 in a Leasing News series by attorney Kenneth Greene Read more

Mexican Small Business Lender Buys a Bank, Eyes United States
Change is happening south of the border. Online lenders and alternative funders are growing across Mexico much the same way as elsewhere. This week, Credijusto, an online small business lender based i... Read more

Cross River acquires PeerIQ
The acquisition is a huge development for the fintech friendly bank Read more

Thrasio Acquires Yardline to Offer E-Commerce Funding
Amazon merchant conglomerate Thrasio bought Yardline to incorporate e-commerce finance into the product offering. Thrasio has been active with Yardline since the firm's initial backing of the company,... Read more


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