Newsletter Sent On: 12/14/2023REGISTER TO RECEIVE THEM | RETURN TO HOME PAGE

deBanked's Top Five Stories of 2023 Read more Expansion Capital Group Announces $1 Billion Funding Milestone — Supporting the Expansion of U.S. Small Businesses Expansion Capital Group (ECG) has announced it has provided $1bn in funding to more than 20,000 small businesses across the US since its inception in 2013. ECG's solutions, including its six to 11 month working capital product and industry-leading Partner Portal, have supported businesses throughout the Covid-19 pandemic and subsequent economic pressure, while investments in new technology have enabled underwritten approvals in under an hour. Read more Legal Risks: Penalties for Non-Compliance in Revenue-Based Financing States like California, Virginia, Utah, New York, Florida, Georgia, and Connecticut have specific regulations requiring commercial financing funders to provide mandatory financial disclosures and states impose significant legal and financial penalties for noncompliance. While each state's law varies, all of them aim at improved transparency, customer protection and fair practices in financing, to avoid legal penalties and foster an ecosystem built on trust, integrity, responsible funding. Read more Missouri Resurrects its Commercial Financing Disclosure Bill For the third time, Missouri has introduced a commercial financing disclosure bill, Senate Bill 753, which includes a broker licensing requirement. The bill stipulates that brokers can't negotiate any deals for Missouri merchants until they are registered, and they would also need an annual license renewal. Read more FCC Officially Closes the Lead Generator Loophole Get ready for some changes Read more Cross River Extends $150M Credit Facility to Best Egg Best Egg and Cross River have been partners since 2013. Read more Kapital secures $165M in equity, debt to provide financial visibility to LatAm SMBs Via Techcrunch Read more Fed Keeps Rates Steady, Plans Future Rate Cuts The stock market is soaring as a result. Via CNN Read more SumUp Secures $307M SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump. Via CNBC Read more Broker Battle Contestants Announced Industry history is happening on January 11th in Miami Beach Read more Thanks to Our Email Newsletter Sponsors TBF Financial Balboa Capital Big Think Capital South End Capital IOU Financial Accord Business Funding Thomson Reuters CLEAR Smart Business Funding SOS Capital Backd Merchant Financing Leads The Smarter Merchant Austin LLP Meridian Leads Pearl Capital Found this email in your junk folder? Make sure to specifically whitelist both sean@debanked.news and funded@debanked.deals :-)