There is a misconception that back-up servicing is merely an Insurance Policy,” states Larry Chiavaro, Chairman of Paramount ...

Shopify Capital originated ~$3 billion worth of MCAs and business loans in 2024, up by 50% over the prior year. For the sake ...

Lightspeed Capital accelerated the growth of its principal issued for its merchant cash advance program, the company shared in its latest quarterly earnings report. Normally the company has more to ...

PayPal is feeling optimistic about its business loan program now that it has been reset on a path toward growth. “As the business matures, PayPal Business Loan offers more traditional merchant ...

The one week closure of the CFPB may last longer than previously suggested. The President on Monday talked about the CFPB’s existence in the past tense. While speaking rather candidly on his feelings ...

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 seen kind of a sustained competitive push on either the consumer or small ...

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 ...

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 ...

Los Angeles, CA – February 11, 2025 – Cloudsquare, the leading end-to-end lending platform powered by Salesforce, proudly announces the latest enhancement to its Cloudsquare Broker platform: the ...

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 ...