Newsletter Sent On: 05/05/2023

See You at Broker Fair! Read more

It's Not Just You, Small Business Lending Fraud Really is On The Rise
The study conducted by LexisNexis Risk Solutions revealed that lending fraud has grown by 14.5% since 2021, with fintech and digital lenders experiencing the greatest increase at 16.5%. SMBs are encouraged to invest in fraud prevention initiatives such as expanding staffing on fraud teams, special fraud prevention initiatives, and increasing spend on vendor solutions. Read more

Fintech Poised to Become $1.5T Industry
New data by Boston Consulting Group Read more

Dex Capital Closes Corporate Note Financing
Via Accesswire Read more

Speaking to the Masses
Public speaking is an important skill to have in the alternative finance industry, and it is important to plan, prepare, and practice in order to be successful. Read more

Liberty Bank Launches No BS Service
The bank is sounding a lot like fintech with its new marketing campaign Read more

Amazon's Seller Lending Program Receivables Cool Off
Amazon's plans to increase its business loan operations in 2023 have not come to fruition, as evidenced by the decrease in loan receivables from $1.4B in Q3 of 2022 to $1.2B in Q1 of 2023. Additionally, Amazon has partnered with third-party lenders to provide financing to its sellers, though data on these transactions is harder to come by. Read more

Who's Speaking at Broker Fair
Broker Fair 2023 will take place on May 8th at the Hilton Midtown in New York City, featuring a variety of sessions covering topics such as product fit, transacting deals, expanding funding arsenal, and more. Speakers will also be present to provide insight into the state of funding and the new York Disclosure Law. Read more

How AI And LLMs Are Streamlining Financial Services
Via Forbes Read more

LoanGeek to Transform Commercial Real Estate Financing With The Launch of Exciting Platform in Summer 2023
LoanGeek is revolutionizing the commercial lending process by providing customers with a one-stop shop for all their real estate financing needs, offering greater options and flexibility in the marketplace. Customers can submit basic information about their property and financing needs and be matched with a lender that meets their criteria within minutes. Read more

Thanks to Our Email Newsletter Sponsors
Pearl Capital
East Harbor
Austin LLP
Balboa Capital
The Smarter Merchant
IOU Financial
Meridian Leads
Merchant Financing Leads
SOS Capital
Smart Business Funding
Accord Business Funding
TBF Financial
South End Capital

Found this email in your junk folder? Make sure to specifically whitelist both and :-)