April 2014 - Dealstruck

Monthly Archives: April 2014

Finovate 2014 Spring Recap

Posted on by Dealstruck

  By Ethan Senturia, CEO   Yesterday was a big day for Dealstruck.  We rolled out two new investor products at Finovate, in front of 1500 banks, credit unions and institutional lenders. The first is an API that provides our institutional investors … Continue reading

Dealing with Loan Brokers — A slippery slope

Posted on by Jason Fleming

I just had a frustrating conversation with a loan broker today.  After introducing us to a borrower that we ultimately were able to fund, this broker asked us to collect his additional fees for him because the borrower was not … Continue reading

Why a Line of Credit is Better than a Merchant Cash Advance — the devil is in the details

Posted on by Ethan Senturia

Recently, we had a prospective client of ours almost choose a merchant cash advance over our working capital line of credit despite it being nearly twice as expensive.  Given that we spend a good portion of our time trying to … Continue reading

How Crowdlending Solves the Dodd-Frank Problem

Posted on by Ethan Senturia

Historically, local banks have been the closest ally of small and medium sized businesses (SMBs), as relationship building and community reinvestment tend to be closely held values in making lending decisions. However, the SMB lending landscape has changed significantly in … Continue reading

Line of Credit Pricing and Profit Margins: What it Mean for your Small Business

Posted on by Jason Fleming

When seeking short-term, line-of-credit debt financing, an entrepreneur must first understand the “cost” of the line in relation to the overall profit margins of their business. After speaking with thousands of small business owners about their capital needs, a common … Continue reading

Update to “Term Loan vs. Line of Credit — When to use and why?”

Posted on by Jason Fleming

After one of my recent posts, entitled “Term Loan vs. Line of Credit – When to use and why?“ I received a number of questions from small business owners who felt they didn’t fit into the categories I provided.  And … Continue reading