deBanked

Big Deals, Big Consequences: How some deals went very wrong

In November 2018, a conglomerate of car dealerships went out of business in California. Within three weeks a merchant cash ...
deBanked

Serial Litigants May Target Websites and “Trackers” As Alternative to TCPA

The small business loan brokerage had played it safe. Rather than robodial and take their chances in the minefield of TCPA compliance, they ran ads on Facebook and Instagram and had the merchants call ...
deBanked

Fund Street Technologies Closes $45.5 Million Investment-Grade Corporate Note to Accelerate Small Business Financing Growth

Parent Company of One Park Financial Secures Investment-Grade Capital to Expand SMB Access to Funding Nationwide COCONUT GROVE, FL — Fund Street Technologies LLC (“Fund Street”), a leading ...
deBankedOpinion

The Fatal Flaw in Upstart CEO’s Vision for AI Underwriting in MCA: A response to Upstart’s view of AI in underwriting

David Roitblat is the founder and CEO of AI My Advance and Better Accounting Solutions, a leading authority in specialized ...
deBanked

CFPB Reverses Course: Now Proposes to Remove Merchant Cash Advances from Section 1071 Rule

The CFPB has come back with a new proposal on how to roll out its section 1071 rules. Inside the 198 pages, the agency opines at length on merchant cash advances and reverses its previous opinions. It ...
deBanked

Pipe Originated $300M in MCAs in Last Two Years, Bouncing Back

Pipe originated $300M in merchant cash advances in the last two years, the company revealed. The figure was presented in its announcement that it has raised a fresh $16M round of capital. The $300M in ...
deBanked

The Long Running Mysterious Fraud in the Small Business Finance Industry and How to Defend Yourself

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 ...
deBanked

SBA Names Members to its Small Business Lending Advisory Council

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 ...
deBanked

Texas on Pace to Pass MCA Bill With Broker Registration Requirement

The State of Texas is moving toward passing a “commercial sales-based financing” bill that would impact the merchant cash advance industry. Among the key details is an MCA broker registration ...
deBanked

MCA Debt Settlement Owner Pleads Guilty to Conspiracy To Commit Wire Fraud

The 2024 arrest of Mark Csantaveri, an MCA debt settlement owner tied to MCA Cure LLC, LDMS Group, LLC, and Evergreen Settlement Group LLC, has resulted in a guilty plea. Csantaveri pleaded guilty to ...
deBanked

Stripe Capital Originated 81,000 MCAs and Business Loans in 2025

Stripe, currently in the news for its $159 billion valuation and its potential interest in acquiring PayPal, originated 81,000 merchant cash advances and business loans in 2025 through its subsidiary ...