Tagged: ethan senturia

Cash vs. Accrual Accounting:  What you need to know when applying for a loan

In the U.S., there are accounting standards known as Generally Accepted Accounting Principles (GAAP).  They are the accounting standards used for all businesses in this country and provide principles for the two types of accounting used; cash and accrual accounting.  The difference between the two… Read More

5 Tips to Getting a Loan for Your Small Business

Securing the right financing for your small business is likely to be one of the biggest and most complicated financial transactions you’ll make in your professional life. Though a bit of a daunting task, it is typically worth the effort for small business owners who… Read More

6 Crucial Questions Retailers Should Ask Before Choosing a Business Lender

As a business owner in the modern era, you are likely well acquainted with the Internet.  You may use it for paying bills, staying in touch, and bragging about those cute babies in your life.  So why not tap into that computer prowess when getting… Read More

I Have a Tax Lien—Does That Mean I Can’t Get a Loan?

This time of year, taxes are top of mind for consumers and business owners alike, but few people like to think about tax liens.  Tax liens are serious business and can have a significant impact on your credit and ability to secure financing.  Since eCommerce… Read More

DealStruck Expands Invoice Financing Option

Direct lender DealStruck has increased the amount of money available for companies seeking invoice financing. The online lending platform will now offer up to $500,000 secured by outstanding invoices.  Previously the online lender capped the amount at $250,000. DealStruck described the service as targeting B2B… Read More

The Top Three Tips for Avoiding a Payroll Crunch

I was recently asked, “What should a small business owner in a major cash crunch do to make payroll?”  Well, honestly, my first response was to say, “Try to not get to that point in the first place.”  As the old saying goes, an ounce… Read More

Financing Growth as an Amazon Marketplace Seller

I just returned from the Prosper Show in Salt Lake City, Utah, which is a two-day continuing education event for more than 700 Amazon sellers, focused primarily on education, rather than sales.  Using moderated panels of competitors, the event is focused on key business practices… Read More

Dealstruck Success CAUTION: Brewing Co. Expands Business By Opening New Location

On Wednesday, Dealstruck announced one of its customers, Colorado-based CAUTION: Brewing Co., finalized a second location called CAUTION: West. The marketplace leader revealed that since the sale of its first beer in 2011, CAUTION: has experienced marked revenue growth. Before launching the second location, the company received numerous… Read More

Dealstruck Reports: 86% of Small Business Retailers Expect Strong Holiday Shopping Season

With the holiday shopping season upon us, small business owners overwhelmingly express optimism that sales will meet or surpass 2014, according to a survey of small business retailers released today. Although larger retailers routinely offer Black Friday and Cyber Monday specials, small businesses continue to… Read More

Dealstruck Hits $100M Milestone & Achieves Over 750 Loans

Dealstruck, an online direct lender, announced on Wednesday the completion of over $100 million in loans to small and medium-sized businesses (SMBs) nationally. Since inception, in October 2013, the firm has been committed to providing fast-growing and profitable SMBs with flexible, affordable and transparent financing…. Read More

Cloud Lending Secures $8 Million in Series A Funding Led by SF Capital: Further Fintech Innovation and Expansion Predicted

Today Cloud Lending Solutions celebrated securing $8 million in Series A venture funding.  The platform, the fintech industry’s only end-to-end lending solution built natively on salesforce.com disclosed that the new funding will be used to support market expansion and further develop the company’s engineering and innovation capabilities. The funding round was… Read More

Dealstruck Secures $10 Million Investment From Community Investment Management; Appoints Robert Riedl New Head of Capital Markets

Dealstruck, the online lender that provides lending solutions for small businesses at every stage of their lifecycle, today announced that it received another $10 million capital investment from Community Investment Management LLC (“CIM”), an investment firm focused on marketplace lending. This investment allows Dealstruck to… Read More

Direct Lender Dealstruck Raises $58 Million to Fund SMEs

Dealstruck has announced $58 million in funding to finance small business lending.  According to the company $50 million is in a credit facility from NYC based hedge fund managed by Brevet Capital and an $8 million equity raise from Trinity Ventures. To date Dealstruck has… Read More

Dealstruck Selects Ryan Campbell to Lead Sales Team

Direct lender Dealstruck added another name to its executive bench today. Ryan Campbell has been appointed VP of Sales and will need the peer lending platform’s push to grow sales and revenue.  He will be tasked with the overall productivity and effectiveness of attracting new… Read More

Dealstruck Offers New Financing Product with Inventory Line of Credit

Online direct lender Dealstruck,  has announced the launch of its newest financing product, the Inventory Line of Credit (ILC). Designed to meet the needs of growing, profitable businesses with recurring needs to purchase inventory – wholesalers, distributors, retailers, resellers and more – Dealstruck’s ILC targets a… Read More

Dealstruck Provides Line of Credit to GIA Power Management

Peer to peer lending platform Dealstruck has provided GIA Power Management with Dealstruck’s “CrowdLine” product.  GIA is a commercial development and construction company  This line of credit is an alternative to high-interest loan options.  CrowdLine has assisted GIA when the company was unable to find… Read More

Dealstruck Boosts Executive Bench with New Hires

Peer Lending Platform Dealstruck Appoints Chief Financial Officer, Chief Marketing Officer and Chief Strategy Officer Peer to peer lending platform Dealstruck has added to its senior leadership team to help manage the company’s rapid growth and to execute on its corporate expansion initiatives.  The Dealstruck… Read More

Dealstruck, BodeTree Form Partnership, Includes Fivesky Optimization

Peer to peer crowdfunding provider Dealstruck has partnered with BodeTree to help provide real-time data analysis to help small business owners better understand their finances.  BodeTree integrates with companies’ accounting tools to create an online financial analytics dashboard, aiding businesses in achieving true financial health…. Read More

Dealstruck Hurdles Milestone, Recognizes 100th Small Business Loan

Crowdlending platform Dealstruck, has now provided more than 100 loans and credit lines to growing, profitable small businesses. The young company shared this accomplishment in a recent company statement. Ethan Senturia, Dealstruck co-founder and CEO commented on this achievement stating; “We’re proud to reach several… Read More