December 2018

Rapid Financial Services, a small business lender that has been around in one form or another since 2005, is making its first trip to the securitization market. Initial offer is only $ 80 million, but transaction documents allow RFS to…

Could the investigative reports of merchant cash advances lead to enforcement action against the companies that make these advances, or potential legislation to ban certain practices inherent in this industry? According…

The Chronicle Business journalistECONET Wireless Zimbabwe's mobile money transfer unit, EcoCash, has introduced instant loans of up to $ 100 accessible via mobile phone. The facility, which provides immediate nano-loans, is offered…

Steve Inskeep speaks with Bloomberg Businessweek reporter Zeke Faux about cash advances to merchants, which are not considered loans. They bypass regulations and deny borrowers their rights. STEVE INSKEEP,…