Sen. Joni Ernst wants the SBA to probe lenders the USDA barred, a clash over enforcement and due process in government-backed lending. Read the full story: wix.to/CuXXjbQ#SBA#USDA#lending#policy
Anyone can fund deals, but how is your portfolio performance? AdvanceIQ.ai integrates PortIQ with LendSaaS to give MCA and RBF funders live portfolio intelligence and risk analytics. Details: wix.to/KSVkBwA#Fintech#RiskAnalytics#LendSaaS
From 90 days to 7: AI origination is collapsing small-dollar SBA loan times. Casca now powers Live Oak, Huntington & Celtic, the alt-finance speed moat is narrowing. Read more: wix.to/jhmC1Zz#Fintech#AI#SBA#Lending
Groundfloor launches the SMB Growth Fund, private credit and revenue-based financing moving into Main Street. What this means for investors and small businesses: wix.to/TyQ9v43#PrivateCredit#SMB#Fintech
ByzFunder closed a $170M KBRA-rated securitization backed by small-business loans and MCAs. Another signal for alternative finance, more institutional capital is flowing in. Read more: wix.to/TRczwFf#Fintech#Securitization#SmallBiz#Lending
Pipe, Parafin and Lili are embedding capital where merchants already work, in platforms, banking apps and workflows. A quick 6-minute read on what this means for small-business lending: wix.to/ymKWQbG#fintech#embeddedfinance#lending
SBA suspends 27,486 Ohio borrowers tied to $1.1B in suspected PPP and EIDL fraud. A big enforcement move as pandemic loan prosecutions continue. Read more: wix.to/Jlfufjv#SBA#PPP#Fraud#Ohio#LendingNews
A Michigan man was sentenced for PPP and COVID rental assistance fraud, a reminder that pandemic-relief fraud prosecutions remain active. Full story: wix.to/3IdRlSo#PPP#COVIDRelief#Fraud#LegalNews
Homegrown Square launch a $24M expansion capital program for multi-location sellers, a sign revenue-based financing is getting more specialized. Details: wix.to/GdpWNP1#FinTech#RBF#SmallBiz
Capchase raises $200M to scale vendor financing for enterprise tech, a sign that flexible B2B payment options are gaining momentum. Read more: wix.to/kpC4hJ7#fintech#B2B#vendorfinancing
San Antonio builder sues over $2.5M in MCAs, citing Texas HB 700, one of the first tests of the new commercial finance law. Full story: wix.to/E8aJXBX#MCA#TexasLaw#LegalNews
Vermont passes H.648, adding licensing, APR disclosure and new contract rules for sales-based financing & factoring. Fast read on what it means for providers: wix.to/SYyTR9K#Fintech#Regulation
USDA revokes approved lender status for ten OneRD lenders after finding $620M in delinquent loans and major noncompliance. What this means for rural borrowers and lenders: wix.to/uDBoSDs#USDA#OneRD#Finance#RuralDevelopment
Elaine Angene Escoe has been placed on the FBI’s Most Wanted list in connection with an alleged $34M COVID relief fraud. Get the full story: wix.to/1PFPq0G#FBI#Breaking#Fraud#COVIDRelief