Tagged: mca

July 1, 2021 @ 8:10 am By Omar Faridi  |  

The team at Lithuania-based financing platform Debitum notes that raising funds for SMEs can be quite a challenging and stressful experience. Until only recently, the choice had been between the different types of loans provided mainly by traditional banking institutions, which involve tedious application processes… Read More

March 5, 2021 @ 11:58 am By JD Alois  |  

Supervest, a securities crowdfunding platform that allows accredited investors to invest in Merchant Cash Advance (MCA) products, is raising growth capital on SeedInvest. According to the offering page, the crowdfunding platform is seeking $950,000 at a $15 million valuation. The seed round is a side-by-side… Read More

April 1, 2020 @ 6:08 pm By JD Alois  |  

Earlier this week, an article in The Daily Caller targeted Itria Ventures. Itria is a financial services firm in the business of providing financing to its clients by making loans and purchasing accounts receivable – typically referred to as a Merchant Cash Advance (MCA) provider…. Read More

August 15, 2019 @ 12:27 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Enforcement Division has charged Alan Heide with defrauding retail investors. Heide was the former CFO of 1 Global Capital – a merchant cash advance platform (MCA). 1 Global is now bankrupt and former principles Carl Ruderman and Henry J…. Read More

July 4, 2019 @ 1:01 pm By JD Alois  |  

Blockchain startup Generic wants to create a tokenized bridge for peer to peer lending/merchant cash advanced credit, according to a note from the company. While not live yet, Generic claims it will “create a direct bridge between users and companies looking for funds, without an… Read More

July 20, 2016 @ 10:48 am By Ethan Senturia  |  

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