What happened? On June 21st, 2018, the Supreme Court issued a decision overturning Quill Corp. v. North Dakota (1992). This court ruling in the case of South Dakota v. Wayfair (2018),
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- New Jersey is Propelling its Own Confession of Judgment Bill December 13, 2019The New Jersey legislature has climbed aboard the Confession of Judgment restriction train. On Thursday, the state’s Senate Commerce Committee advanced S3581, a bill that would prohibit the use of COJs in a “business financing” contract with a New Jersey debtor. The bill was introduced in March but had not experienced movement until today. New […]
- Ocrolus Announces Premium Fintech Platform, Ocrolus+ at New York City Event December 12, 2019Last night Ocrolus, the New York-based fintech infrastructure company that specializes in document verification and cash-flow analytics, announced its latest product, the Ocrolus+ platform from Chelsea’s Glasshouses. Following a series of testimonies from companies such as BlueVine, OnDeck, and Enova, Ocrolus’s CEO, Sam Bobley took to the stage to run through what the new platform […]
- For ISOs Only — How To Develop Your Factoring Brokerage Business (Part 2) December 12, 2019Read Part 1 In Part 2, we’re going to focus on 3 major areas: (1) What is Factoring and How Does it Work? (2) What Are the Costs? (3) How Do You Qualify? We’re also going to touch on HOW TO find factoring funders. What is Factoring and How Does it Work? Factoring actually dates […]
- Merchant Growth Partners with goeasy to Provide Funding via Physical Branches December 12, 2019This month Merchant Growth, the Vancouver-based alternative finance company, announced its partnership with goeasy Ltd. that will see Merchant Growth’s services being offered in goeasy branches throughout Canada. Beginning with British Columbia, Alberta, and Saskatchewan in 2019, Merchant Growth aims to have expanded to the remaining provinces in the first quarter of 2020. Under the […]
- Investors Receive Recovery Checks in 1 Global Capital Case December 10, 2019For all the noise surrounding the collapse of 1 Global Capital, investors recently recovered nearly $112 million, equating to about 40 cents on the dollar so far. “We continue to pursue collections where we can and legal actions where we can, and we’re working to see what else we can garner for the estate,” 1 […]