Yellowstone Settles With New York AG For $1 Billion
On December 2, 2024, New York Attorney General (AG) Letitia James asked a state court to approve a settlement between the AG,
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Florida woman who led a nearly $200 million Ponzi scheme sentenced to 20 years in prison
A Florida woman who pleaded guilty in a Ponzi scheme that raked in nearly $200 million was sentenced to 20 years in prison.
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Shopify Capital Originates $837M in Business Loans & MCAs in Q3
Shopify Capital originated $837 million in business loans and merchant cash advances in Q3, putting the grand total at $2.1B for the first 3 quarters.
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FTC Takes Action Against Bogus Business Finance Scheme Seek Capital For Costing Small Business Owners Millions
The Federal Trade Commission is taking action against Seek Capital and its founder and CEO, Roy Ferman, for operating a bogus business finance scheme that cost small business owners more than $37 million.
My Pillow’s Mike Lindell Sues Lenders, Alleges ‘Loan Sharking’ Terms
My Pillow CEO Mike Lindell has filed a lawsuit accusing several financing companies…
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Revenue-Based Financing: A Jewel of an Opportunity for Small Businesses
In the world of retail, few things sparkle as brightly as a jewelry store.
Revenue-Based Financing: A Jewel of an Opportunity for Small Businesses Read More »
Kapitus snaps up Ten Oaks Commercial Capital, launches equipment financing arm
Kapitus … has acquired fellow financier Ten Oaks Commercial Capital for an undisclosed amount.
Kapitus snaps up Ten Oaks Commercial Capital, launches equipment financing arm Read More »
Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit
Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions.
Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit Read More »
PayPal is Back to Growing its Merchant Lending Program
After taking drastic action over the last year to rein in surging SMB lending charge-offs, PayPal believes it has corrected the issue.
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