Newsletter Sent On: 07/28/2022

This Free Event is Already Full. See You Tonight! Read more

DailyFunder Marks 10 Year Anniversary
The domain was registered ten years and 1 month ago. Formed two years after the debut of deBanked, DailyFunder went on to become the most active small business finance community in North America... Read more

Shopify Capital Originated $416.4M in MCAs and Loans in Q2
Shopify Capital originated $416.4M in funding to small businesses in Q2, the company announced. That was spread across the US, Canada, and the UK. The figure represented a large increase over the $346... Read more

Turning Businesses into Funding Warriors
The downside to offering any small business a loan to grow is that they might not necessarily know how to do the growing part. And so for years, that's what a Tempe, AZ headquartered company called Business Warrior focused on... Read more

Merchant Loses Whole EIDL After Attempting to Earn High Yield On It
It's a tale of Covid EIDL relief gone wrong. A small business owner in Colorado Springs, CO is begging for his funds back after taking the entire lump sum of his EIDL funds ($525,000) and depositing into a crypto lending company... Read more

DoorDash Expands its Advance Program to the Dashers Themselves
First it was restaurants. Now it's the Dashers. DoorDash recently launched a limited trial of a new program, cash advances to delivery people. It's a bit altruistic, however, because it is technically... Read more

A CFL Loophole? Maybe not
An unlicensed broker using a licensed broker as a conduit might not be legal Read more

Funding Company Was Really Just a Ponzi, SEC Alleges
Another South Florida SMB funding company has been accused of being a ponzi Read more

LendingClub Names New CFO
Drew LaBenne was previously the CFO of Bakkt Read more

OnDeck Has Integrated With Stripe
The OnDeck app is now in the Stripe dashboard Read more

Fed Raised Rates by 75 bps
The figure matched market expectations Read more

The US Has Entered a Recession
Two down quarters = recession by all historical standards Read more

New HQ for National Business Capital
The Long Island based company is expanding Read more

Broker Fair 2022 is Just Around the Corner
We are less than 3 months away from Broker Fair in NYC! Read more


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