B2B Finance Expo kicks off Tuesday, October 20 at 8am at The Cosmopolitan of Las Vegas.
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 ...
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 ...
The CFPB has come back with a new proposal on how to roll out its section 1071 rules. Inside the 198 pages, the agency opines at length on merchant cash advances and reverses its previous opinions. It ...
The suspect in the small business finance industry’s long running mysterious fraud was living large before being arrested in Spain and extradited to the United States. Saul Shalev has been charged ...
In November 2018, a conglomerate of car dealerships went out of business in California. Within three weeks, a merchant cash advance company, 1 Global Capital, was discovered to have filed bankruptcy ...
LendingClub has finally rebranded to Happen Bank. Explaining the new name, company CEO Scott Sanborn said, “The Happen Bank brand more clearly reflects the role we play in consumers’ lives: helping ...
“In 2025, Canada amended regulations that impacted merchant cash advance products,” Shopify said during its Q2 earnings. “As a result, we transitioned our Shopify Capital product in Canada, from ...
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 ...
A judge presiding over an action brought by the Chapter 7 Trustee of the Estate of Kossoff PLLC against an MCA funder, issued a 36-page analysis on Monday that reclassified 19 MCAs (for $10.8 million) ...
After taking drastic action over the last year to rein in surging SMB lending charge-offs, PayPal believes it has corrected the issue. “We have now fully lapped the actions taken last year to tighten ...
Costa Mesa, CA – Regents Capital Corporation (Regents), a leading independent provider of equipment leasing and financing solutions to middle-market borrowers, announced the successful closing of its ...