Sixty-one percent of all deals funded by Founders First Capital Partners went toward refinancing merchant cash advances. That’s intentional, according to the company, which just announced a capital ...
FRC Balance, LLC, which owns the True Food Kitchen restaurant chain, filed for bankruptcy this week. According to the company, True Food Kitchen has closed 12 restaurants, whose final day of service ...
One striking detail emerged from Valley Bank’s acquisition of Bluevine: AI agents resolve 80% of inquiries to Bluevine’s Customer Care Center. Many companies have touted their use of AI. For Bluevine, ...
One of the key details revealed in the Stripe acquisition of Parafin is that Parafin originated $3 billion in funding since the company first started originating in 2021. Parafin supplied the ...
Pictured from left to right: Chief Risk Officer, Erich Wust; Chief Financial Officer, Santiago Rubio; Chief Executive Officer, Justin Leto; President, Larry Bassuk; Chief Technology Officer, Alex ...
Following the Bluevine acquisition announcement, Valley Bank CEO Ira Robbins was a guest on CNBC where he was asked about the deal. Watch below: ...
Valley National Bancorp is acquiring Bluevine for $340M in a 75% cash, 25% stock transaction. During a company conference call discussing the announcement, Valley CFO Travis Lan said that “the ...
The SBA has provided new guidance on its approach toward refinancing merchant cash advances: if you convert one to a term loan, you’ll have to wait a very long time to refinance it with an SBA.
“Traditional loans don’t work for all businesses, especially those businesses whose revenues change with the seasons,” said Kenny Minaya, Commissioner of the New York City Department of Small Business ...
This year has been a roller coaster. Here are some of the big mid-year headlines to consider about the direction of where things are going: Events 9/14/26 Enova: Withdrew its application to acquire ...
“Within two weeks, I closed my first deal. I just clicked in the industry,” said Erica Gilerman. Gilerman wasn’t talking about funding a deal. She was talking about collecting on one. “Closing the ...
Intuit’s Quickbooks Capital originated $1.9 billion in business loans for its 4th quarter in FY 2026, which ended July 31. “In capital, revenue growth continues to be driven by working capital loans ...