Merchant cash advances offer fast funding to SMBs with APRs up to 200%, easy approval with poor credit, but high costs and daily repayments strain cash flow.
Credit card receivables financing advances funding based on future sales with high approval rates. Factor rates tend to be ...
NEW YORK--(BUSINESS WIRE)--As small and medium-sized businesses (SMBs) struggle with access to capital in today’s tight credit economy, American Express today announced the launch of American Express ...
New off-balance sheet funding solution is integrated into leading ERPs; enables businesses to expedite payments from any customer invoice Nuvei's flagship Accounts Receivable Automation suite is built ...
Discover how merchant banks provide financial services like underwriting, advising, and equity fundraising for large corporations and high-net-worth individuals.
Brian Lehman and Lee Jacobs discuss an issue close to New York’s alternative-finance sector: merchant cash advance (MCA) ...
The NYAG’s action highlights various pitfalls in the MCA space, underscoring the importance of proper structuring and marketing of merchant cash advances. On January 22, 2025, New York Attorney ...
SAN FRANCISCO (Reuters) - EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
LendingClub announced that the firm's Board of Directors has approved a program to repurchase and acquire "up to $100 million ...
LendingClub Corporation (NYSE: LC) today announced its expansion into the $500 billion home improvement financing market, a natural fit as the bank seeks to help consumers borrow smarter. The ...
Coronation Merchant Bank has partnered with the RPA Group to sensitise its customers to the evolving landscape of private ...