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| Funders Weigh in on New VA Disclosure Law Read more |
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Work With a Broker or Go Direct? These funders say they see brokers benefitting merchants Read more |
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Kaplan Mobray to be Keynote Speaker of Broker Fair 2022 |
| Kaplan Mobray has been selected as the keynote speaker of Broker Fair. October 24th is just around the corner... Read more |
Upstart Has Quietly Entered the Small Business Lending Market |
| Upstart, once known as the AI-fintech lender for student loans, has gradually added products over time. Today, the company has entered the small business lending market, making good on the plans it an... Read more |
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Square Loans Originated $1.01B in Q2 |
| Square Loans originated $1.01B in the second quarter, up from $756M in Q1. During the earnings call, Block (formerly Square) CFO Amrita Ahuja said that the company is using the discipline it maintaine... Read more |
PayPal, King of The Small Business Lenders? |
| PayPal didn't offer precise quarterly origination figures for its Read more |
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Broker Fair Sponsorships Almost Sold Out |
| This is the last call to sponsor Broker Fair 2022 Read more |
North Mill Hits $1 Billion in Originations on Anniversary of Recapitalization |
| AUGUST 1, 2022, NORWALK, CT – North Mill Equipment Finance LLC ("NMEF"), a leading independent commercial equipment lessor headquartered in Norwalk, Connecticut, announced today that the company cross... Read more |
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As Layoffs Hit Fintech Lenders, It's Not All Roses |
| Underneath all the good news about hiring sprees, loan volume surges, and profitability, is ironically just the opposite. Some fintech lending darlings of Wall Street have abruptly changed gears over ... Read more |
Clearco Announces Major Layoffs, Paints Gloomy Picture |
| Clearco, the international small business funding company led by celebrity CEO Michele Romanow, announced it was laying off 125 employees on Friday. Romanow shared the news on social media in an overa... Read more |
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Enova Originated $679M in Small Business Loans in Q2 |
| Enova announced another strong quarter on Thursday. Net income for the second quarter was $52M. Business lending originations were up, increasing 3% quarter over quarter to $679M. During the earni... 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 |
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Yieldstreet Raises $400M Credit Facility |
| Deal is a warehouse facility via Monroe Capital Read more |
IOU Financial Hires New Chief Accounting Officer |
| New CAO was recently the Senior VP, Corporate Finance and Treasury with Global Payments Inc Read more |
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MCA Co Behind DoorDash Capital Raises $60M |
| Parafin is making a splash Read more |
Video: Cheryl Tibbs Story |
| Gary Parker of Fundly visited the office of Cheryl Tibbs to celebrate a milestone Read more |
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