The most important thing to understand about a merchant cash advance is that it is not a loan. With a loan, you acquire capital and pay it back over
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- Shark Tank’s Kevin O’Leary: Bitcoin Not Ready to Swim With The Big Fish January 15, 2021Mr. Wonderful, the Shark Tank multimillionaire, recently said that while Bitcoin may be going through an exciting price discovery phase, it is not liquid enough to garner genuine institutional interest. “If I want to buy a million dollars’ worth of Bitcoin right now, I’ve gotta do a fair amount of work to pull that off,” […]
- Transcript and Recording of Major FTC Case Before the US Supreme Court January 14, 2021Oral arguments took place yesterday in AMG Capital Management, LLC et al. v Federal Trade Commission before the United States Supreme Court. At issue is the debate over whether or not the FTC has the authority to force defendants to disgorge with “illegally obtained” funds when a lawsuit is brought under Section 13(b) of the […]
- ROK Financial Announces Cannabis Banking Partnership with BNB Bank January 14, 2021Great River, NY: ROK Financial, a leader in the alternative and commercial lending space is excited to announce their newest partnership with BNB Bank’s Cannabis division. This new partnership allows for ROK Financial to offer direct checking and savings to Cannabis businesses through BNB Bank. “This new partnership is truly filling a void within the […]
- Affirm Goes Public at $11.9B Valuation and Climbing January 13, 2021Affirm, an online buy-now-pay-later platform, was listed on the Nasdaq on Wednesday at $49 a share under the ticker AFRM. Based on outstanding shares sold to IPO investors, the company saw an $11.9B valuation. Minutes after public sales began at noon, the price shot up to $100/share. Company founder Max Levchin spoke through the big […]
- Commercial Collections Company Feeds One Million Children January 11, 2021Roseville, MN—January 11, 2021—Dedicated Commercial Recovery Inc. has now fed one million children. Through a three-year partnership with Feed My Starving Children (FMSC), Dedicated has now donated one million meals to children across the globe. Dedicated’s founder and CEO, Shawn Smith, hopes that the company’s philanthropic business practices will inspire others to incorporate similar practices […]