Newsletter Sent On: 11/17/2023

Judges Announced for Broker Battle Read more

When Funding Gets Personal
They're not just merchants, they're vendors and friends Read more

That Voice on the Phone
AI technology is now being used to have legitimate voice conversations with sales prospects over the phone, with pre-recorded human responses being used to engage with someone. This technology is advancing to a level where it is closing independent deals all on its own and by 2027 will be considered an expert closer. Read more

Big Lines of Credit for Canadian Merchants?
One funder saw a missing void in the Canadian market. Read more

Why I'm An Evangelist.... For Outside Accounting Firms in MCA
Op-ed by David Roitblat Read more

BHG Financial Tightening Its Credit Box, Dealing With Tough Environment
BHG Financial originated $1 billion in loans in Q3, but is predicting a significant drop to between $600M to $800M in Q4 due to the uncertain economic environment. Additionally, they are exiting their merchant financing business, NaluPay. Read more

Conversion Rates at Upstart
The interest rate increase has had an impact on Upstart. Here are the numbers. Read more

Breakout Unveils New Brand Identity
Breakout's new look and feel represents a commitment to innovation and growth within the commercial finance space, as well as the Company's role of empowering its small business clients to achieve efficient growth. Read more

Enova's Response to the CFPB Order
Enova sheds context on the CFPB announcement Read more

Customer's Bank Selects Funding Circle
The agreement allows Customers Bank to embed Funding Circle’s end-to-end digital lending platform in its product suite and marketing assets. Read more

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