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Enova originated $1.2B in small business loans in Q2 2025, marking the fourth time they’ve exceeded $1B. When asked how that ...
After Bloomberg News revealed that JPMorgan was planning to charge fintechs to access their customer bank account data, CEO Jamie Dimon was questioned about this during the bank’s latest quarterly ...
Borrow, short-term consumer loan program by Cash App, will not be affected by fees JPMorgan intends to charge fintechs for bank account data access. That’s because Block’s Cash App doesn’t even need ...
Heron, a startup using AI to automate workflows, just raised a $16M Series A round. Already a well-known brand in the small ...
Bob Coleman, founder of Coleman Report, the leading provider of information to small business bankers to help them make less risky small business loans, recently authored a book. Titled Easy Money, ...
deBanked examined the public messaging from some of the largest publicly traded merchant cash advance facilitators in the US and this is what it found: A merchant cash advance is a purchase of your ...
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 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 ...
Yisroel (“Scott”) Heber pleaded guilty last month for his role in a fake business line of credit scam. In April, the US Attorney for the Southern District of NY and the US Secret Service alleged that ...
SB1286 is on its way to the California governor’s desk. In the era of state-based commercial finance legislation this bill stands out for its unique focus on the collections process. “Existing law, ...
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