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February 2015 | Part I
03/28/2024
Enough self-loathing. It's okay to make a profit in this industry
Follow the Industry's Bad Paper
Consumer debt can get lost in a vortex but in business lending and MCA, bad paper can be a marriage partner.
Suddenly bitcoin was the best option
It was late, the lights were out already and I wanted to buy something online quickly. My wallet was lost in the darkness and a controversial currency came to the rescue.
Strategic Funding Source Expanding
Guess who's still growing? Industry powerhouse Strategic Funding Source is moving to a new office yet again.
Creditera's Levi King says, "It seems like almost every consumer-to-business relationship starts in an adversarial fashion nowadays. Want a PayPal account? Prove to us you aren't a scammer."
We did the math and it comes out to about $1 billion per year. "Today, 70% of all new Kabbage customers operate brick and mortar or services businesses." It's time to stop thinking about them as an ebay lender.