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🚨 Big news from New York! A monumental judgment of $1.065 billion against Yellowstone Capital has been secured. This case sets a powerful precedent. Link in Bio! #LegalUpdate #NewYork #Finance

This MCA Underwriting Calculator, only available to site members, is another great tool that can help newer brokers or sales people calculate terms of offers on the fly by entering daily or weekly payment figures, other debt, and get the info you need to push a deal forward.
Log in today to use it and stay tuned for new announcements of our tools coming soon!
#funding #funderintel #fintech #brokers #lending #businessloans #finance #iso

We have had our MCA Calculator on our site for years but it’s still one of the most visited pages because it’s very useful to many. Take a look today on funderintel.com
#funderintel #funding #fintech #brokers #businessloans #iso

Chicago-based Pulaski Savings Bank was shuttered Friday by the Illinois Department of Financial and Professional Regulation over what the agency called its “unsafe and unsound condition, along with its impaired capital position.”

Millennium Bank of Des Plaines, Illinois, agreed to purchase Pulaski in a sale facilitated by the DFPR and the Federal Deposit Insurance Corp., which had been appointed receiver.

Pulaski’s failure will cost the FDIC’s Deposit Insurance Fund roughly $28.5 million, the FDIC said, adding that “suspected fraud caused the higher estimated cost to the DIF.”

No further explanation of Pulaski’s troubles was provided by the DFPR or FDIC. Millennium did not return a request for comment.

Pulaski, which reported $49.5 million in assets and $42.7 million in deposits as of Sept. 30, reopened its sole office Saturday as Millennium.
#pulaskibank

Out now! We speak to @jacqquelliine of @thorocorp in our latest interview in our series on speaking with industry members. You’ll find out some fascinating details of her company, challenges, and thoughts on the industry as it stands today.
Check it out on our Blog.

🚨 Big news in the financial world! The CFPB has fined Cash App's parent company Block $175 million. This could change the game for peer-to-peer payments! Link in Bio #CashApp #CFPB #Finance #Payments

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