David Roitblat is the founder and CEO of Better Accounting Solutions, an accounting firm based in New York City and a leading ...
There may be no need to overcomplicate Merchant Cash Advance compliance in Texas. A key phrase in the MCA prohibition law ...
New York City Mayor Mamdani has come out in favor of revenue-based financing. As part of a promotional video for the NYC ...
“…unfortunately, humans have never really been very good at precisely underwriting loans and figuring out the cash flows they’re going to produce for the next 5 ...
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 ...
That’s an example offered by Better, a fintech mortgage lending platform, in its preview of how its new AI underwriting system can be used conversationally in a chat box. According to the announcement ...
Saul Shalev, the individual accused of masterminding the small business finance industry’s long running mysterious fraud, had ...
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 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 ...
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 ...