Pipe originated $300M in merchant cash advances in the last two years, the company revealed. The figure was presented in its ...
Kris Roglieri, the founder, and former operator of the National Alliance of Commercial Loan Brokers (NACLB) Conference, was sentenced to 97 months in prison. Roglieri previously pleaded guilty to wire ...
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 ...
More than 76% of small business owners who apply for financing through their system do it from a mobile device. That’s the ...
Revenue-based financing has become extremely popular; So popular that it’s spawned its own variations of products. Some are loans, some are not. Many of the terms in the public vernacular are simply ...
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 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 ...
Marcus by Goldman Sachs, the prestigious investment firm’s attempt at being a conventional bank, announced that they have over $100 billion in deposits after just five years in operation. The online ...
Shopify Capital originated ~$3 billion worth of MCAs and business loans in 2024, up by 50% over the prior year. For the sake of comparison, online small business lender Enova originated $4 billion in ...