Enova Has Record Quarter for SMB Lending
Enova recorded its highest ever quarter for small business loan originations, reaching $930m in Q4. Company CEO David Fisher attributed the success to strong demand, robust credit performance, and a firm brand presence with little competition, adding that these factors have helped not only in growing originations but also in managing credit and risk effectively. Read more
Tech Founder Takes Online Business Loan, Grows Massively
|The founder of Testimonial.to shared his success story with using revenue-based business loan from Stripe Capital, which allowed him to increase his business's annual recurring revenue by $300k without relinquishing equity. Read more
FCC Closes the Lead Generator Loophole, Are You Compliant?
|The Federal Communications Commission (FCC) is introducing new regulations requiring one-to-one consent for lead-generated communications, such as robocalls and robotexts, effective from March 26, 2024. The consent must include a clear and conspicuous disclosure to the consumer about the nature of the communications they will receive, which must also be logically and topically related to the website where consent was given. Read more
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