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: ...

5G Funding represented that it had a profitable MCA business. But according to a lawsuit filed against the company and its CEO by the SEC, that was far from accurate. “The Portfolio was never ...

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 ...

Well…uh… it happened. An AI agent bought a ticket all by itself to the B2B Finance Expo in Las Vegas next month in October. The agent was Meta’s Muse. And the ...

Commercial or residential. Purchase, refi, rehab or ground-up. Your merchants are already asking - LoanGeek.ai matches the deal to the right lender and submits it under your brand. The one you turned ...

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.

Commercial Factor, the International Factoring Association’s official quarterly magazine, just published an op-ed by the president of a California-based business financing firm, Greg Salomon. He ...