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INDUSTRY NEWS:
ELFA Announces Leigh Lytle as New President and CEO
Industry Announcements
Cloudsquare Broker Launches Fall '24 Update: Enhancing Automation and Efficiency for Small Business Lending Brokers
Cloudsquare Unveils Fall '24 Release of Cloudsquare Broker, Elevating Lending Technology for Small Business Brokers Los Angeles, CA –...
Ari Greenfield
Nov 12, 2024
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NerdWallet Faces Headwinds in SMB Lending, but Renewal Growth and Vertical Integration Show Promise
NerdWallet continues to face challenges in small and medium-sized business (SMB) loan originations, with interest rates remaining high...
Larry Reid
Oct 31, 2024
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PayPal Resumes Growth of Its Merchant Lending Program
After taking significant steps over the past year to address rising SMB lending charge-offs, PayPal believes it has successfully...
Larry Reid
Oct 29, 2024
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MMP Capital Secures $20 Million Investment-Grade Corporate Note Financing
FARMINGDALE, NY / ACCESSWIRE / October 30, 2024 / MMP Capital, LLC (MMP), an independent equipment leasing company, has closed a $20...
Sean Mulligan
Oct 16, 2024
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Meet CAFE: Accelerating the Growth of Fintech Startups
New fintech startups aiming to advance financial health and wellness for low-to-moderate income individuals and underserved communities...
Larry Reid
Oct 10, 2024
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Industry News
Cloudsquare Broker Launches Fall '24 Update: Enhancing Automation and Efficiency for Small Business Lending Brokers
Cloudsquare Unveils Fall '24 Release of Cloudsquare Broker, Elevating Lending Technology for Small Business Brokers Los Angeles, CA –...
NerdWallet Faces Headwinds in SMB Lending, but Renewal Growth and Vertical Integration Show Promise
NerdWallet continues to face challenges in small and medium-sized business (SMB) loan originations, with interest rates remaining high...
PayPal Resumes Growth of Its Merchant Lending Program
After taking significant steps over the past year to address rising SMB lending charge-offs, PayPal believes it has successfully...
MMP Capital Secures $20 Million Investment-Grade Corporate Note Financing
FARMINGDALE, NY / ACCESSWIRE / October 30, 2024 / MMP Capital, LLC (MMP), an independent equipment leasing company, has closed a $20...
Meet CAFE: Accelerating the Growth of Fintech Startups
New fintech startups aiming to advance financial health and wellness for low-to-moderate income individuals and underserved communities...
Lenders, Brokers Skeptical About Merchants Using Domain Names as Loan Collateral
An informal LinkedIn poll suggests that only 26% of respondents believe merchants would be willing to use their business’s website...
Walmart Enters Merchant Cash Advance Industry as Direct Funder
Walmart, which previously partnered with third-party MCA providers Parafin and Payoneer , has now launched its own merchant cash advance...
BriteCap Financial Announces Richard Henderson as New CEO
North Hollywood, CA & Las Vegas, NV (October 31, 2024) — BriteCap Financial LLC (“BriteCap”), a leading non-bank lender providing small...
Alternative Lending Education
7 Best Merchant Cash Advance Companies for 2024
The best merchant cash advance (MCA) companies are transparent about their products and how they work. However, it's wise to explore...
Alternative Lending: Overview and Top Companies
Alternative lending can be a great option if you’re unable to secure a business loan from a bank, though the rates and terms may not be...
Top Merchant Cash Advance Companies for Quick Business Funding 2024
These companies can help your business access super fast funds quickly by borrowing against future sales.
Small Business Guide to Alternative Lending
Every business needs funding. While many entrepreneurs start out using personal savings or loans from friends and family, there comes a...
Less For More OR More For Less
Obtaining business financing can be somewhat of a daunting task. There are numerous variables that have to be taken into account such as;...
Bridging The Gap...
It is not uncommon for businesses to find themself in need of fast cash. They might need this cash for; payroll, plugging a gap or for...
Obtaining Business Financing In 2023...
If you've been watching the news lately, you've probably seen the headlines stating that interest rates are rising in addition to...
What Is An Internal Risk Analysis Score?
Understanding the IRAS Score in Alternative Lending In the world of alternative lending, understanding different credit scoring systems...
Payment History?
In the world of alternative unsecured lending, you are guaranteed to come across the term “payment history”. This term is thrown out by...
Regulation and Legal News
US Regulator Proposes Stricter Rules for Banks Partnering with Fintechs
Here's a revised version of the text: US Regulator Proposes Stricter Rules for Banks Partnering with Fintechs Sept 17 (Reuters) - A top...
California Carrier and Freight Brokerage to Shut Down, Citing AB5
Family-owned California Intermodal Associates Inc. (CIA), a trucking company and freight brokerage based in Commerce, California, is...
New Jersey Reintroduces Commercial Financing Disclosure Bill
For the seventh consecutive year, New Jersey's legislature is attempting to pass a commercial financing disclosure bill. A key component...
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