The big online merchant processor Stripe Inc. on Thursday introduced Stripe Capital for its U.S. merchants, thus joining competitors such as Square Inc. and PayPal Holdings Inc. in providing financing ...
Ko owns “Jeff’s Garage.” Under their Dec. 12, 2013, agreement Ko sold $163,800 of his sales receivables to Merchant Cash (MC) for $137,000. Pursuant to the agreement Ko used an account at BBCN Bank ...
According to the NFIB’s latest Small Business Optimism Index, small businesses took a hit in June. The index plummeted 4.2 points after five months of positive growth. Stephen Sheinbaum is the founder ...
This month, a Florida appellate court held that a merchant cash advance (MCA) purchase and sale agreement was not a “disguised loan” and, therefore, was not subject to Florida’s criminal usury statute ...
On March 5, 2024, the New York Attorney General (AG) Letitia James sued Yellowstone Capital LLC (Yellowstone) and various affiliates, accusing them of running a predatory lending operation by ...
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