If you are considering a small business cash advance, you might be wondering what it takes to be approved. You’ll be surprised at how relatively easy it is. Since it
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- Open Banking: Canada Might Not Be Able to Make Up for Lost Time January 23, 2020Over the last two years, open banking has become a matter of public conversation in Canada. Most would agree there is overwhelming support for the implementation of an open banking regime. So why has nothing concrete happened yet? 2019 turned out to be an exciting, yet painfully underwhelming year for open banking in Canada. The […]
- Quarterspot is Shifting Its Business Focus January 22, 2020Last week, several industry insiders reported receiving an email from NY-based company Quarterspot that said their agreement had been terminated. The contents stated that the company is “shifting its business focus and will no longer be originating loans, but will continue to service currently outstanding loans.” deBanked has confirmed that to be true. More information […]
- deBanked CONNECT MIAMI 2020 Photos January 21, 2020View a selection of deBanked CONNECT MIAMI photos here View every official deBanked CONNECT MIAMI 2020 photo on facebook Ready for deBanked’s biggest event of the year? Broker Fair returns to New York City on May 18th REGISTER NOW BEFORE EARLY BIRD PRICING EXPIRES
- Declined For Funding? Lack of Time in Business Beats Out Lack of Credit Worthiness January 20, 2020A study conducted by Square Capital and the Stevens Center for Innovation in Finance at the Wharton School at the University of Pennsylvania, pulled back the curtain on small businesses and the financing process. Notably, the #1 reason that businesses said they had been declined for funding (regardless of the source) wasn’t credit, it was […]
- Former 1 Global Capital CFO Alan Heide Sentenced to 5 Years in Prison January 17, 2020Alan Heide, the former CFO of defunct Hallandale Beach-based 1 Global Capital, was sentenced to 5 years in prison earlier this week for his role in the company’s securities fraud. He is one of three individuals that have pled guilty so far and the first to be sentenced. The other individuals, attorney Jan Douglas Atlas […]