Friday, September 11
Friday, September 11
The Daily Line · No. 612
One of the MCA industry's largest direct funders with $1.2B in annual originations has filed for bankruptcy, citing rising default rates and liquidity constraints. The fallout could impact hundreds of broker relationships.
The Federal Trade Commission has published a proposed rule that would create nationwide disclosure requirements for MCA providers, potentially superseding the patchwork of state-level regulations.
Industry origination data shows February 2026 is on track to be the strongest month since mid-2024, driven by seasonal demand and loosening underwriting criteria among top-tier funders.
The Miami-based funder says its new system can approve deals under $50,000 in under 90 seconds with 40% fewer defaults than traditional underwriting methods.
A growing cohort of MCA brokers are building massive pipelines through short-form video content. We interviewed three who are each closing $2M+ monthly from social media alone.
Sources close to the deal say Velocity Funding is finalizing the acquisition of BridgePoint Financial, a 12-state ISO network with 400+ active broker relationships.
After years of reactive lobbying, the industry's largest trade groups are finally recognizing that proactive engagement with regulators produces better outcomes for everyone.
CEO Maria Espinoza explains how the New York-based funder grew from $80M to $320M in annual funding volume by focusing exclusively on healthcare and construction verticals.
Attorney General Letitia James's office has opened a formal investigation into aggressive collection tactics used by at least five MCA providers operating in New York state.
3 measures on the books · 4 pending or proposed · maintained by the regulatory desk
