Newsletter Sent On: 08/18/2021

What the Capital Dude Said About Experience and Success Read more

Where Small Business Funders Ranked on the Inc 5000
We've compiled a sublist from the official list of who grew and by how much in small business funding Read more

MCA Funder Was $100M Ponzi Scheme, SEC Alleges
In only a years time, this South Florida company raised enormous sums. Now its assets are frozen. Read more

Update on the Direct Lending Investments Case
More than two years after the SEC charged Direct Lending Investments with fraud, work is still being done to manage the fallout. The firm was placed into receivership and since then $102.83M has been ... Read more

SoFi Posts $165.3M Q2 Net Loss
SoFi put up a dastardly net loss of $165.3M last quarter on only $231.3M in net revenue. The hit should be a one-off, according to the company. They remeasured our valuation allowance during... Read more

LoanMe Now Officially Part of NextPoint
The Canadian SPAC deal to merge LoanMe with Liberty Tax was finally completed last month after being announced in February. The combined entity, NextPoint Financial, trades on the Toronto Stock Exchange... Read more

Reliant Funding Announces Steve Kietz as New CEO
The company named Steve Kietz to the role of Chief Executive Officer. Kietz previously served as the firm’s Chief Marketing Officer. Read more

Idea Financial Promotes Sean Hritz to VP of Credit and Risk
Hritz joined the company in 2018 as Director of Underwriting and, prior to that, held multiple senior underwriting roles in the lending industry. Read more

Yes Lender Lands on the Soaring 76
The company landed on the The Philadelphia Business Journal's 2021 Soaring 76 list Read more

Alternative Finance Network Arranges $10M Deal
AFN, created by Scott Jordan, arranged the deal for Jupiter Research, LLC Read more

Stacey Huddleston Joins Seacoast Business Funding
Mr. Huddleston is based in the Midwest and will focus on expanding the Seacoast portfolio in the region. He brings over twenty years of expertise in the financial and alternative lending space providing creative solutions for businesses with complex financial needs. Read more

Vid: 1 on 1 With David Roitblat at Better Accounting Solutions
What to Know when choosing an MCA accountant Read more

The LendUp business model fell out of favor
The Axios story on what happened to LendUp Read more

Licensing Analysis for OK, OR, PA, RI, and SC
Do you need a license to fund or broker deals in these states? Read more


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