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 ...
Pipe originated $300M in merchant cash advances in the last two years, the company revealed. The figure was presented in its announcement that it has raised a fresh $16M round of capital. The $300M in ...
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 ...
The State of Texas is moving toward passing a “commercial sales-based financing” bill that would impact the merchant cash advance industry. Among the key details is an MCA broker registration ...
More than $1 billion of business loans and merchant cash advances have been originated through the eBay Seller Capital program since its inception. The cumulative figure since 2021 was revealed last ...
Washington, D.C. — The Revenue Based Finance Coalition (RBFC) today highlighted a new broadband investment initiative from the state of New York that includes revenue-based financing (RBF) as part of ...
Understanding the differences in cashflow dynamics between small business loans and MCAs is crucial for investors when valuing these alternative investments. A small business loan usually has familiar ...
TomoCredit, a company that identifies itself as “a software company providing a suite of software solutions designed to support financial literacy,” has filed a lawsuit against a fintech journalist ...
Almost four years since Virginia’s sales-based financing provider law went into effect, the state now lists 229 registered parties. That’s an increase of only 27 companies since last year. Both ...
Ryan Campbell will take over as CEO of MoneyThumb as part of the deal announced earlier today. MoneyThumb is being acquired by an investment group led by Iron Creek Partners LLC that includes Main ...
A company organizing an event under the NACLB conference brand has decided not to go through with it. Initially they had planned to host a conference in Florida this coming June using the NACLB name ...
Intuit’s QuickBooks’s capital originated about $1.7B in small business loans in Q3 FY 2026. That brings the total for the trailing nine month period ending April 30 to $4.3B. During the earnings call, ...