Lightspeed Capital accelerated the growth of its principal issued for its merchant cash advance program, the company shared ...
Shopify Capital originated ~$3 billion worth of MCAs and business loans in 2024, up by 50% over the prior year. For the sake ...
PayPal is feeling optimistic about its business loan program now that it has been reset on a path toward growth. “As the ...
Enova originated $1.1B in small busines loans in Q4 2024. And it’s a wide open market, according to the company. “We’ve not ...
Update 2 (Feb 8): The CFPB has effectively been closed by its new Acting Director. Update 1: Segments of the CFPB’s main website and X account have now been taken offline as well. If you’ve ever ...
The CFPB’s headquarters in Washington DC will be closed this week as the agency undergoes an audit from the Department of Government Efficiency. The audit coincides with the arrival of yet another new ...
Lenders with the highest volume of small business loans, MCAs, and other products were supposed to begin collecting data by July 18, 2025, according to the original rules set forth by the CFPB. But ...
The CFPB director that wanted to “wipe out” all merchant cash advance companies has resigned his post, according to a letter he shared on social media. Rohit Chopra had served in that position for ...
The new year brings yet more distressing news from the Golden State. If you are in the commercial finance space, and you want to collect that gold in California, you will soon have to heed all the ...