One of the alleged masterminds behind MCA Cure LLC, LDMS Group, LLC, and Evergreen Settlement Group LLC, was arrested by the ...
Shopify Capital, the funding arm of Shopify that provides merchant cash advances and loans to merchants on its platform, ...
It’s hard to distinguish a broker from a funder these days especially in an environment where seemingly reliable evidence ...
Square Loans, a subsidiary of Block, originated 129,000 small business loans for a total of $1.32B in the first quarter.
A firm that offers to “restructure corporate debt primarily MCA or Merchant Cash Advance debt” was sued last month by a small business owner for fraudulent inducement, consumer fraud, unjust ...
It’s a scheme you might have heard of before. A broker dangles the promise of an impossibly good loan offer in front of a merchant with the condition that in order to get it, they first have to enter ...
LOS ANGELES, CALIF. (May 5, 2024) – Maxim Commercial Capital (“Maxim”) announced Fernando Rodriguez has been promoted to Director – Vendor Sales. In this role, Rodriguez manages vendor relationships, ...
Enova originated $960M in small business loans in Q1 2024, setting what is believed to be a new quarterly record. During the earnings call, Enova CEO David Fisher said that confidence in the economy ...