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 ...
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 ...
One striking detail emerged from Valley Bank’s acquisition of Bluevine: AI agents resolve 80% of inquiries to Bluevine’s ...
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 ...
Valley National Bancorp is acquiring Bluevine for $340M in a 75% cash, 25% stock transaction. During a company conference ...
Eight individuals have been arrested by the FBI and charged in connection with a scheme to defraud small business owners out of millions of dollars by charging them money in return for a promise of a ...
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 ...
The 2024 arrest of Mark Csantaveri, an MCA debt settlement owner tied to MCA Cure LLC, LDMS Group, LLC, and Evergreen Settlement Group LLC, has resulted in a guilty plea. Csantaveri pleaded guilty to ...
“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 ...
Merchant Cash Advances are now excluded from the CFPB’s small business loan data collection requirements. In the final rules filed by the agency on April 30th, the previous proposal to exclude MCAs ...
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.
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