News

Enova originated $1.2B in small business loans in Q2 2025, marking the fourth time they’ve exceeded $1B. When asked how that ...
Borrow, short-term consumer loan program by Cash App, will not be affected by fees JPMorgan intends to charge fintechs for bank account data access. That’s because Block’s Cash App doesn’t even need ...
The submitted deals are real. The merchants are real. Everything checks out until suddenly it doesn’t. The merchants block the payments and find out they’ve been scammed.The funders find out they’ve ...
deBanked examined the public messaging from some of the largest publicly traded merchant cash advance facilitators in the US and this is what it found: A merchant cash advance is a purchase of your ...
The results are finally in. After a six-month review period, the SBA finally announced the applicants that have been approved to serve on its inaugural small business lending advisory council. The ...
Fraud is a growing challenge in the alternative lending space, particularly for lenders and funders that serve small businesses. As fraud tactics evolve – from synthetic identities and doctored bank ...
Yisroel (“Scott”) Heber pleaded guilty last month for his role in a fake business line of credit scam. In April, the US Attorney for the Southern District of NY and the US Secret Service alleged that ...
Bankers Healthcare Group, which is 49% owned by Pinnacle Financial Partners, originated $1.16B in loans in Q4 2024. That’s a combination of both commercial and consumer loans. “There remains great ...
Adam Duso of Second Wind Consultants and Curtis Powell of nFusion Capital joined a call with Michael Toglia of ABL Advisor to discuss the problem of dealing with merchant cash advances. If you were ...
SB1286 is on its way to the California governor’s desk. In the era of state-based commercial finance legislation this bill stands out for its unique focus on the collections process. “Existing law, ...