Day: December 28, 2023

Specialty Capital News and Views Oct 2023

In today’s write up, we wanted to highlight Nerdwallet’s earnings call and release last week. As our readers know, Nerdwallet acquired Fundera in October of 2020. Fundera is one of the largest and comprehensive market places for the small to medium sized businesses in the country. Nerdwallet announced topline revenue of $153mm, up 7% YoY. More …

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Specialty Capital News and Views: Employment Situation Nov 2023

Today we saw the release of the monthly Non-Farm Payrolls report. Payroll numbers came in at 199k, above estimates of 180k (though revised numbers for September and October show a drop of 35k). The biggest detail market pundits are looking at is the Unemployment rate which dropped 0.2% to 3.7%. Rates sold off on this news. This is one …

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What is a Merchant Cash Advance?

When it comes to financing for your business, there’s no shortage of options at your disposal. Between business loans, factoring, and merchant cash advances – navigating your options can be a challenge. In this guide, we’ll explore exactly what a merchant cash advance is, how it works, and some of the pros and cons you’ll …

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