Newsletter Sent On: 07/10/2025REGISTER TO RECEIVE THEM | RETURN TO HOME PAGE

CA Bills Seeks to Rein in MCA Settlement Cos Read more Idea Financial Hits Milestone, Will Still Fund in Texas Idea Financial, a nationwide small business lender founded by former attorneys Larry Bassuk and Justin Leto, has surpassed $1 billion in funding since its inception, marking a significant milestone in its journey. The company's growth can largely be attributed to its strong broker and referral partner relationships, and its operations remain unaffected by recent sales-based financing legislation in Texas. Read more Brendan Ross Sentenced to 40 Months in Prison Brendan Ross, a former hedge fund manager, has been sentenced to 40 months in prison for wire fraud after inflating the asset values of his firm's funds by over $300 million, allowing him to collect excessive fees. The scheme, which began unraveling when an entrepreneur highlighted suspicious activities in a 2017 book, led to Ross's resignation and his firm going into receivership. Read more Big Think Capital Issues Statement on Resolution of Litigation with Centrex and Forth Big Think Capital has settled its lawsuit against Centrex and Forth, resolving the matter entirely. Read more It's About Trust, Not Rate Study Finds University study makes interesting findings Read more CFPB Funding Cut Almost in Half The Big Beautiful Bill Changed the Budget for the CFPB Read more NMEF Achieves Largest Quarter and First Half in Company History North Mill Equipment Finance, LLC (NMEF) announced record-breaking quarterly and half-year origination volumes in 2025. Read more deBanked Celebrates 15 Year Anniversary deBanked, originally launched in 2010 as Merchant Processing Resource, is celebrating its 15th anniversary this month. Initially focused on payments and merchant cash advances, the site evolved over time and rebranded to deBanked in 2014, marking a new era in its history. Read more ACH, Wire, and Soon Stablecoin Transfers? Stablecoins, blockchain-based units typically pegged to the US Dollar, are gaining traction for their speed and cost benefits in transactions, with Visa reporting $3.7 trillion worth traded recently. Traditional financial institutions like Citigroup and Bank of America are exploring stablecoin strategies, while the adoption of stablecoins is driving Ethereum network activity to near all-time highs, marking a shift towards using blockchain rails to transact in dollars rather than cryptocurrencies like Bitcoin. Read more From Calls to Cars (Audio Story) A true story of a broker that went from rags to riches. On Spotify. Read more Thanks to Our Email Newsletter Sponsors Heron Big Think Capital South End Capital Meridian Leads eNoah In Advance Capital Accord Business Funding Capital Domain Smart Business Funding Austin LLP TBF Financial The Smarter Merchant IOU Financial B2B Finance Expo Merchant Financing Leads Found this email in your junk folder? Make sure to specifically whitelist both sean@debanked.news and funded@debanked.deals :-)