The old rumor that Stripe was interested in acquiring PayPal was apparently true. Partially anyway. This past April, Stripe, ...

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 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 ...

Pipe originated $300M in merchant cash advances in the last two years, the company revealed. The figure was presented in its announcement that it has raised a fresh $16M round of capital. The $300M in ...

A commercial financing APR disclosure bill was introduced in the New Jersey State Senate on Tuesday. The bill is mostly templated from other state legislation in which estimated APR disclosures on ...

Almost four years since Virginia’s sales-based financing provider law went into effect, the state now lists 229 registered parties. That’s an increase of only 27 companies since last year. Both ...

In November 2018, a conglomerate of car dealerships went out of business in California. Within three weeks, a merchant cash advance company, 1 Global Capital, was discovered to have filed bankruptcy ...

A company organizing an event under the NACLB conference brand has decided not to go through with it. Initially they had planned to host a conference in Florida this coming June using the NACLB name ...

“When the war started in March and gas prices went way up, that was a shock to the system in that month specifically,” said LendingTree CEO Scott Peyree. “Now, on the small business lending side, I ...

LendingClub has finally rebranded to Happen Bank. Explaining the new name, company CEO Scott Sanborn said, “The Happen Bank brand more clearly reflects the role we play in consumers’ lives: helping ...

After taking drastic action over the last year to rein in surging SMB lending charge-offs, PayPal believes it has corrected the issue. “We have now fully lapped the actions taken last year to tighten ...

April 1, 2025, NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender and lessor headquartered in Norwalk, Connecticut, is pleased to announce that ...