If you’ve seen some clips on Instagram between myself and Sam Kaye on how to sell an MCA on the phone, they come from a much wider two hour conversation/interview where we talked exclusively about ...

Saul Shalev, the individual accused of masterminding the small business finance industry’s long running mysterious fraud, had ...

California’s AB2116 is proposing to amend the state’s Consumer Financial Protection Law and declare that small businesses ...

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 ...

deBanked TV: Steve Kondak & Billierose Tacher at deBanked San Diego 2023 ...

LLM referral traffic are much higher and growing rapidly,” said NerdWallet CEO Tim Chen during the Q4 earnings call. “People, I think, are searching more both on traditional search engines as well as ...

The submitted deals are real. The merchants are real. Everything checks out until suddenly it doesn’t. The merchants block the payments and find out they’ve been scammed.The funders find out they’ve ...

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 ...

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 latest data from the SBA is in. It charged off $18.7B in Covid EIDL loans in FY 2024. That was down from $52B charged-off in FY 2023. The program still has an unpaid principal balance of $277B.

The results are finally in. After a six-month review period, the SBA finally announced the applicants that have been approved to serve on its inaugural small business lending advisory council. The ...

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 ...