NEWS

deBanked The News Source for Merchant Cash Advance, Business Lending, P2P Lending, Bitcoin, and more

  • ROK Financial Announces Partnership With SBA Loan Consultant LLC
    by Kevin Travers on November 23, 2020 at 2:42 am

    When National Business Capital faced closure this spring, the firm made a risky decision. The firm hit the pause button. When the dust settled and it was time to bring the office back, the team decided to split in two: one-half continued under the National Business Capital brand, and a second-half formed into ROK Financial,

  • How Start-Up Founder Andrew Luong Went From House Flipper to Real Estate CEO
    by Kevin Travers on November 19, 2020 at 7:59 pm

    Andrew Luong said it all started seven years ago in San Francisco, just out of graduate school investing in real estate with his spare time on the weekends. Today, his startup Doorvest manages more than $20 million in real estate assets. “I wanted to look for an avenue to put the money that I had

  • Fintech IPOs Are Back
    by deBanked Staff on November 19, 2020 at 2:49 am

    Fintech IPOs are back. Affirm, a fintech company whose platform offers “a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app,” is the latest company to file for an IPO. Affirm’s S-1 was filed earlier today, revealing that they intend to raise $100 million. The company generated $509M in net revenue during

  • In Loving Memory of Elliot J Dabah
    by deBanked Staff on November 18, 2020 at 4:47 am

    Elliot Dabah & Elliot Ashkenazie Elliot J Dabah, CEO of NYC-based Merchants Cash Partners, LLC, recently passed away. Known throughout the merchant financing industry, friends and colleagues began collecting kind words to reflect on his life to be able to share them here. Elliot Ashkenazie, his business partner and best friend, said “Elliot Dabah would

  • When The Music Stopped: How The Pandemic Threatened the History and Culture of Austin, Texas
    by Paul Sweeney on November 16, 2020 at 3:35 am

    This story appeared in deBanked’s Sep/Oct 2020 magazine issue. To receive copies in print, SUBSCRIBE FREE In April of this year, Threadgill’s – a legendary Austin music venue and beer joint that, in the 1960s, famously launched the career of blues singer Janis Joplin — turned off the lights and pulled the plug on its