Newsletter Sent On: 05/15/2026
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7% of SMBs Regularly Use MCAs Read more


Square's Q1 Gross Profit Growth Driven by Square Loans
Block experienced significant growth in its lending business in Q1 2026, with Square Loans driving a 9% year-over-year gross profit increase, rapid acceleration in consumer lending volumes, and successive lending products scaling originations faster than previous ones. Read more



LendingTree: SMB Lending Cools Slightly
LendingTree CEO Scott Peyree explained that small business loan demand and sizes have decreased with higher interest rates due to geopolitical uncertainties, but he expects the market to rebound once consumer confidence returns, while their small business revenue grew 49% year-over-year with expanded support for clients. Read more



Broker Fair is 2 Weeks Away - NYC
Make sure you have your tickets for the June 1st event! Read more





Credibly: $260M Securitization
The financing includes the successful completion of a new securitization transaction and the refinancing of its existing warehouse and mezzanine facilities with Truist Bank and Medalist Partners, a $2.5 billion asset-based private credit manager. Read more



NerdWallet CEO: 'Distribution is King'
During NerdWallet's Q1 earnings call, CEO Tim Chen emphasized the company's strategic shift toward strengthening its distribution network to maintain competitive advantage amid declining costs of launching financial products and increasing distribution costs, while CFO John Lee reported a 15% year-over-year decline in SMB revenue driven by drops in organic search traffic. Read more





Equipify Secures $34M Series B
Via prnewswire Read more



Equipment Finance Lender Solicited Syndication into Fake Deals for 30 Years
Richard Teplitsky, CEO of Woodhill Capital Corp, has been running a decades-long Ponzi scheme involving fake equipment finance deals since the mid-1990s, defrauding hundreds of investors out of tens of millions of dollars by using new investments to pay returns to earlier investors. Read more





A New York Supreme Court Judge Arrested
Edward Harold King, a former Kings County Supreme Court Justice, was charged with wire fraud conspiracy. Read more



Parafin Expands Warehouse Credit Facility
Via businesswire Read more





Figure Announces Strategic Partnership with SMB Lending Platform Credibly to Modernize SMB Capital Markets via Blockchain Rails
The partnership marks a significant expansion by Figure into the SMB lending ecosystem, one of the company’s fastest-growing end markets. Read more



Former NYC Mayor Eric Adams to Speak at Broker Fair
Adams will appear for a fireside chat at Broker Fair on June 1 Read more



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