When Farmingdale, Long Island-based Critical Financing (CFI) showed up as the 2,671st fastest growing company on the Inc.
38% of small businesses accept Zelle as a form of payment, according to the latest Small Business Cash Flow Trend Report produced by OnDeck and Ocrolus. 29.2% accept Venmo and 28.6% accept PayPal.
Utsav Shah first met Kristen Castell at deBanked CONNECT MIAMI this past February. At the time, Shah and his partner Shivi Sharma were freshly promoting a new AI technology to simplify small business ...
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 ...
B2B Finance Expo is back for its highly anticipated second edition at the Wynn Las Vegas! We're thrilled to once again partner with the Small Business Finance Association (SBFA) to deliver an even ...
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 ...
After deBanked reported on a commercial financing debt settlement bill moving its way through the state legislature in California, a committee promptly revised the whole thing to specify that it ...
SoFi small business customers can now get approved for a loan and funded up to $2 million in 24 hours. Structured as a marketplace where SoFi itself is not the lender, the company announced that “With ...
When deBanked stumbled upon a scoop that DoorDash had begun offering merchant cash advances in late 2021, the tech and financing team behind it had not been on anyone’s radar. That company was Parafin ...
Block subsidiary Square Loans had a huge Q4, originating $1.54 billion in business loans. That brought the year-end total to $5.7 billion, enough to continue their streak as the largest online ...
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 largest merchant cash advance in history (at $40 million), first publicly disclosed in 2018, has been outdone. On Tuesday, the Receiver in the Par Funding SEC case revealed that its largest ...