Shopify Capital originated ~$1B in business loans and merchant cash advances in Q3, the same as the previous quarter. The total for the first nine months of 2025 now sits at ~$2.8B, which means they ...

Enova continued to set a new internal quarterly record for small business loan originations with $1.4 billion in Q3. “Since ...

Bitty generated $1.4 million in equity income for OppFi in Q3. OppFi, publicly traded, owns a 35% stake in Bitty. “Bitty is a great partner that we have enjoyed working with and learning from in the ...

The submitted deals are real. The merchants are real. Everything checks out until suddenly it doesn’t. The merchants block the payments and find out they’ve been scammed.The funders find out they’ve ...

Shopify Capital originated $837 million in business loans and merchant cash advances in Q3, putting the grand total at $2.1B for the first 3 quarters. During the earnings call, Shopify said that loss ...

LightSpeed Capital, the MCA division of LightSpeed Commerce, has over $100M in merchant cash advances on its balance sheet, according to the company’s latest quarterly earnings report. The POS company ...

The results are finally in. After a six-month review period, the SBA finally announced the applicants that have been approved to serve on its inaugural small business lending advisory council. The ...

Eight individuals have been arrested by the FBI and charged in connection with a scheme to defraud small business owners out of millions of dollars by charging them money in return for a promise of a ...

According to the Department of Government Efficiency, the SBA funded 5,593 loans for $312M to businesses during 2020-2021 where the only listed owner was 11 years-old or younger. “While it is possible ...

SoFi small business customers can now get approved for a loan and funded up to $2 million in 24 hours. Structured as a marketplace where SoFi itself is not the lender, the company announced that “With ...