Shopify grew its merchant cash advances by 73 percent

Jessica Higgins, MBA, JD explains five things you must know about Merchant Cash Advances (MCA). 1. Generally, how does a Merchant Cash Advance work? In a Merchant Cash Advance, a small business agrees to sell futur.....»»

InScope International Inc. recently filed for Chapter 11 bankruptcy protection after the company and its subsidiaries could not pay back millions of dollars in high-interest loans. The Reston technology contractor, which was founded in 2002 and .....»»

TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The U.S. .....»»

The goal is to reduce net cash expenses this year by more than 40 percent......»»

The We Company, owner of WeWork, said its first-quarter free cash outflow grew 60% sequentially, according to an email the company's chief financial officer sent to employees on Thursday and reviewed by Reuters......»»

Liquidity maintained by positive operating cash flow and conservative cash managementIncrease in GAAP EPS of 15 percent; Adjusted non-GAAP EP.....»»

Comcast gained 477,000 broadband subscribers in the first quarter, and revenue grew 9.3 percent......»»

Banks have a huge backlog of PPP applications, but you can still take advantage of tax relief, and Democrats are pushing for more cash advances......»»

Banks have a huge backlog of PPP applications, but you can still take advantage of tax relief, and Democrats are pushing for more cash advances......»»

The $2.3 trillion CARES Act sets aside $25 billion in cash grants for U.S. airlines, and about 90 percent of that money is expected to go to the nation’s six largest carriers......»»

Delta is losing $50 million in cash each day due to fallout from the coronavirus pandemic, and it projects year-over-year revenue to fall by $10 billion for the June quarter — an 80% reduction. CEO Ed Bastian provided Atlanta-based Delta Air Line.....»»

Portland Razor Co. is offering 20 percent off purchases after a thief stole $16,000 from the company's store on Sunday night. Owner-operator Hunter Lea said the robber stole hand-made straight razors, the company's cash register, other merchandise a.....»»

The Reserve Bank of Australia announced it would be cutting the cash rate by 25 basis points to 0.50 percent, its lowest on record according to recent figures......»»

Full year EBITDA grew by 22 percent to US$697 m.....»»

--- Generated Net Cash Provided by Operating Activities of $76 Million and Free Cash Flow of $4 Million for the Fourth Quarter 2019 ------ Grew Oil Production by 23% and Total Production by 27% for 2019 --- HOUSTON, Feb. 27, 2020 (GLO.....»»

Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters......»»

Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said......»»

Revenue grew 4% to $122.1 million in Q2 2020 and grew 6% to $234.4 million in H1 2020. Cash flow from operations of $46.6 million in Q2 2020 vs $11.6 million in Q2 2019.  H1 2020 operating cash flow of $65.....»»