In the wake of new merchant cash advance laws passed in Texas and Vermont, American Factoring Association President Cole Harmonson posted the next step is to take the fight against MCAs to the federal ...
Welcome: Business owners, creditors, lawyers, and all others who have discovered or suspect a UCC filing by a Merchant Cash Advance Company or Business Lender. Banks and Creditors: The traditional ...
The State of Oregon is in the revenue-based financing business, offering small businesses funding up to $1 million in exchange for a percentage of their future sales and a 2.0 factor rate payback.
Parafin’s new credit facility with Goldman Sachs was complemented by the disclosure that the company had funded more than ...
“Certain automatic debts prohibited. A provider shall not establish a mechanism for automatically debiting a recipient’s deposit account unless the provider holds a validly perfected security interest ...
LendingClub has finally rebranded to Happen Bank. Explaining the new name, company CEO Scott Sanborn said, “The Happen Bank ...
In November 2018, a conglomerate of car dealerships went out of business in California. Within three weeks a merchant cash ...
Salt Lake City, UT – Milestone Capital Partners, Inc. (“Milestone”), the holding company for Milestone Bank, a leading commercial specialty finance platform, announced the successful closing of its ...
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