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Cumulative Covid EIDL Chargeoffs Now Exceed $70 Billion
2024年11月19日 · The latest data from the SBA is in. It charged off $18.7B in Covid EIDL loans in FY 2024. That was down from $52B charged-off in FY 2023. The program still has an unpaid principal balance of $277B. PPP loans were still being written off in FY 2024 as well, coming in $2.5B charged-off vs […]
Trump, Republicans To Take Over in 2025 | deBanked
2024年11月6日 · W ith the 2024 election results in, the regulatory and legislative environment for the small business finance industry could shift significantly at the federal level in the coming years. In particular, it will be worth paying specific attention to what happens with the Consumer Financial Protection Bureau (CFPB). As many readers are aware, the largest regulations ever imposed on the small ...
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The Info Source for Merchant Cash Advance, P2P Lending, Business Lending, Bitcoin and more
Fake LOC Scam Results in Guilty Plea - deBanked
2024年7月17日 · Yisroel (“Scott”) Heber pleaded guilty last month for his role in a fake business line of credit scam. In April, the US Attorney for the Southern District of NY and the US Secret Service alleged that Heber and a co-defendant posed as a lending company and induced victims to make payments related to loans that they promised they would get …
Walmart Now a Direct Funder in the Merchant Cash Advance …
2024年9月15日 · Ready to enjoy easy access to cash advance funds and flexible financing options? Fuel your growth on Walmart.com with our suite of options. – Walmart.com Walmart, which made headlines recently with third party MCA funders Parafin and Payoneer, is now funding MCAs directly as well.The new programs, known as Capital by Walmart and Capital for WFS (Walmart Fulfillment Services), were recently ...
Info | deBanked
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Search Results brokers | deBanked
MIAMI BEACH – Hundreds of small business finance brokers are registered for this year’s deBanked CONNECT MIAMI.Taking place on Thursday, January 11 at the Miami Beach Convention Center, the event’s modified format includes the first-ever Broker Battle™ with a $5,000 grand prize to the winning broker, on top of an all-kosher food experience.
New York State Bill Aims to Recharacterize Factoring ... - deBanked
2024年3月22日 · A proposal to amend a New York State statute that governs how the rate of interest is computed “upon a loan or forbearance of any money, goods, or thing in action” seeks to broaden its application to an all encompassing umbrella of loan and non-loan products defined as a “financing arrangement” and then subject them all to usury caps.. And yes, it applies to commercial financing.
Are You The Top Broker?! - debanked.com
2024年11月21日 · ENTER YOURSELF IN BROKER BATTLE HERE B roker Battle returns on February 20, 2025 at deBanked CONNECT MIAMI.The competition, now the 2nd ever after last year’s very successful launch, is back with an improved format that allows for almost any qualified broker the opportunity to be tested LIVE in person.Broker Battle TWO will also have 3 separate broker categories versus last year’s catch-all.
The Other Side of the DFPI | deBanked
2024年12月30日 · Ken Greene is an attorney with the Law Office of Kenneth Charles Greene. To contact Ken, email: [email protected].