ACH Advances
The Economics of Lending: Money vs. Goods and Services
May 21, 2013
If I were to offer you the choice between a free DVD with a retail value of $20 or a free $20 bill, which one would you take? Unless the DVD was something you were going to buy anyway or unless it was a rare item that is hard to find, you’d probably accept the [...]
View PostCatch up with Alternative Business Lending
May 7, 2013
If you feel like you’re falling behind on the news, you’re not alone. Things are happening FAST. here’s what you need to know: 5/7/13: Google Looks to Profit from Alternative Lending. Say hello to Mother Google. 5/6/13: Forbes interview with a Kabbage co-founder. It did not sound like they plan on remaining exclusive to the [...]
View PostETA Expo Recap
May 3, 2013
Recap of the ETA Expo as it pertains to Merchant Cash Advance: Just about every funder has an ACH program or is working on implementing one. Many funders are licensed lenders or are working to become licensed in the states where it may be necessary. There actually seemed to be a lot of excitement about [...]
Soul Mates: Merchant Cash Advance and Silicon Valley VCs
May 1, 2013
Almost 1 year ago to the day, I wrote a piece titled How the Facebook IPO Affects the Merchant Cash Advance Industry. In a most fitting way to commemorate this anniversary, it was reported early this morning that Google Ventures and Peter Thiel are investing in On Deck Capital (“ODC”) through additional Series D Financing. [...]
