LendSaaS Embeds AdvanceIQ.ai’s SRI to Help Originators Filter, Price, and Allocate with Confidence
April 29, 2025NEW YORK, April 29, 2025 — AdvanceIQ.ai, a data intelligence platform powering smarter risk assessment and portfolio optimization in the SMB alternative lending sector, today announced a strategic partnership with LendSaaS, a leading Merchant Cash Advance (MCA) origination and servicing platform. Through this partnership, AdvanceIQ.ai’s SMB Risk Index (SRI) — a purpose-built scoring model for SMB financing — is now fully integrated into LendSaaS, providing users with fast, actionable insights directly within their existing workflows.
With SRI embedded into the platform, LendSaaS customers can seamlessly filter opportunities, price risk with greater precision, and allocate capital more effectively — all without disrupting current processes.
“LendSaaS has established itself as a key platform for MCA originators,” said Tomo Matsuo, Founder and CEO of AdvanceIQ.ai. “By integrating SRI, LendSaaS users gain instant access to tailored risk scores and portfolio intelligence, empowering them to make smarter, data-driven decisions at the top of the funnel and improve portfolio performance.”
The SMB Risk Index (SRI) is engineered specifically for the alternative SMB financing space. Trained on real-world MCA performance data, it leverages intuitive, widely adopted underwriting attributes to help originators reduce operational overhead, improve pricing strategies, and optimize capital deployment. Fully integrated into LendSaaS, SRI enhances underwriting workflows, minimizes manual effort, and supports confident, scalable growth.
“As competition in the MCA space intensifies, our customers need every advantage to assess risk quickly and confidently,” said Josh Carcione, Owner and Founder of LendSaaS. “Partnering with AdvanceIQ.ai gives them access to a purpose-built scoring model and portfolio tools that cut through the noise and drive faster, more informed decisions.”
This integration further reinforces LendSaaS’ commitment to offering a comprehensive and customizable platform that supports MCA originators from application to funding — and beyond.
About AdvanceIQ.ai
AdvanceIQ.ai is a data intelligence platform powering smarter risk assessment and portfolio optimization in the SMB alternative lending sector. The company provides the SMB Risk Index (SRI), a specialized scoring model for evaluating SMB risk profiles, as well as portfolio intelligence solutions that help originators, brokers, and investors reduce acquisition costs, improve underwriting consistency, and maximize portfolio profitability. Learn more at www.advanceiq.ai.
About LendSaaS
LendSaaS is a leading software solution in the MCA industry, known for its comprehensive suite of tools designed to streamline and optimize the lending process. From origination to servicing, LendSaaS provides lenders with the technology they need to succeed in a competitive market. Learn more at www.lendsaas.com.
Edge Capital Expands Credit Line with Plains Commerce Bank, Increasing Lending Capacity
April 25, 2025
Boise, ID – 04/23/2025 – Edge Capital is pleased to announce a significant expansion of its credit facility through a strengthened partnership with Plains Commerce Bank. This increased credit line enhances Edge Capital’s ability to meet rising demand and provide more flexible funding solutions to its growing network of partners and clients.
The expanded warehouse lending line through Plains Commerce Bank allows Edge Capital to offer greater loan availability, faster turnaround times, and continued reliability for businesses seeking strategic financial support.
“We’re proud to deepen our relationship with Plains Commerce Bank,” said Dusty Wasmund, Chief Operating Officer of Edge Capital. “This increased capacity means we can better serve our clients, scale with demand, and continue delivering on our promise of speed and flexibility in lending.”
Edge Capital is actively seeking new partnerships and welcomes inquiries from brokers, lenders, and businesses interested in working together.
To explore partnership opportunities, contact us at partners@myedgecapital.com
Plains Commerce Bank now offers Plains Pay (www.plainspay.com) for seamless payment solutions and competitive warehouse lending lines to support the evolving needs of lenders in the fintech sector. Contact them today at sales@plainspay.com.
Maxim Commercial Capital Exceeds Expectations in Q1 2025
April 22, 2025
LOS ANGELES, CALIF. (April 22, 2025) – Maxim Commercial Capital (“Maxim”) announced exceptionally strong results for the first quarter of 2025, reporting a 150% increase in funding volume over the prior year’s period. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment for the construction and agriculture industries, and real estate.
“As the unprecedented pace of change under the new administration’s economic policies present challenges for our industry, we remain steadfast in our mission to be the preeminent non-prime finance company supporting entrepreneurs, vendors, and finance brokers,” noted Michael Kianmahd, Maxim’s CEO. “Despite market conditions, we approved 80% of financing applications submitted in Q1 2025, funded borrowers in 37 states, and continued to invest in our infrastructure, systems, and team regardless of market conditions.”
Maxim’s dedicated, solutions-oriented approach is particularly impactful when equipment pricing is turbulent. For example, when Class 8 used truck prices increase, Maxim’s team works with buyers to clarify price points and financing structures they can afford and refers them to vendors if needed. In a recent interaction, Maxim approved financing for a current customer with 2 years’ experience and challenged credit to purchase a $55,000 2020 Peterbilt 579. When the applicant communicated he needed a lower down payment, Maxim proactively revised the approval for a less expensive, higher mileage 2019 Peterbilt 579 and closed the deal.
Contractors nationwide with challenged credit are growing their businesses with heavy equipment financed by Maxim during Q1 2025. Notable examples include an Alabama-based tree service company specializing in disaster relief work that purchased a new, $65,000 2025 Kymron CX10 Crawler Crane for 42% down to fulfill its government contracts and expanding residential business; a South Carolina-based contractor who purchased a $52,000 2014 Caterpillar 308E2 CR Hydraulic Excavator for 34% down to expand his tree-planting business; and, a start up roadside and recovery contractor with a sub-500 FICO who added a second truck by leasing a $6,660 2018 Ram 4500 Wrecker Tow Truck.
Maxim continues to expand and improve its infrastructure to support its growth. The company currently is seeking to hire an accounting manager and senior accountant. Please visit https://www.maximcc.com/our-company/careers/ for job descriptions and to apply.
About Maxim Commercial Capital
Maxim Commercial Capital helps small and mid-sized business owners nationwide by providing loans and leases (“financing”) from $10,000 to $3 million secured by trucks, trailers, heavy equipment, and real estate. It funds equipment purchase financings and leases, working capital, and debt consolidations. Maxim’s more creative financing structures leverage equity in real estate and owned heavy equipment to facilitate growth and preserve customers’ cash. As a leading provider of transportation equipment financing, Maxim supports startup and experienced owner-operators and non-CDL small fleet owners by funding loans and leases for class 8 and class 6 trucks, trailers, and reefers. Learn more at www.maximcc.com or by calling 877-776-2946.
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Contact:
Michael Kianmahd, CEO
Maxim Commercial Capital
michael@maximcc.com
(213) 984-2727
Virginia’s Sales-Based Financing Provider List
April 21, 2025
Virginia updates its list of registered sales-based financing providers on a weekly basis. The current list can always be accessed via THIS LINK HERE. It has also been available on DailyFunder since March 2023. At last tally, there were 202 registered providers, which is not that many more than the 150 that were on the list two years ago.
Both funders and brokers are required to be registered if they plan to do any MCA business with VA-based merchants.
If you need help with registration, contact a qualified industry attorney. Here is a short list to start from.
CAPEDGE Launches to Serve Mid-Sized UK Businesses with £500K–£3M Flexible, Fast Business Loans
April 10, 2025Altrincham, UK – 4/10/2025 – A new player has entered the UK’s mid-market lending space. CAPEDGE has officially launched, offering loans from £500,000 to £3,000,000 to mid-sized UK businesses seeking capital for growth, acquisitions, refinancing, bridging, and other strategic initiatives.
Designed specifically to meet the needs of businesses underserved by traditional banks, CAPEDGE delivers:
- More flexibility than banks, including higher loan-to-value (LTV) ratios
- Faster turnaround times, with funding possible in days, not weeks or months
- A relationship-based underwriting approach that looks beyond the numbers
- Larger loan amounts than many non-bank lenders, who often cap out well below £3 million
- The ability to provide short-term bridging loans – including for businesses awaiting a sale, fundraise, or refinance
CAPEDGE is actively building a network of trusted referral partners, including accountants, corporate debt advisors, investment bankers, lawyers, and business brokers, who work closely with growing UK companies.
“CAPEDGE was created to serve a segment of the market that often falls between the cracks of traditional lending,” said David Goldin, CEO of CAPEDGE. “Our value lies in our ability to move quickly and to provide capital where others may not — not because of high risk, but because we take the time to truly understand the business and its potential.”
While CAPEDGE is a new brand, it’s built on a strong foundation: it is part of the Capify family, a well-established alternative finance provider that has been supporting businesses in the UK and Australia since 2008.
For more information or to become a referral partner, visit www.capedge.co.uk.
About CAPEDGE
CAPEDGE is a UK-based alternative lender that provides flexible business loans from £500K to £3M to mid-sized companies. With a focus on speed, certainty, and relationship-driven underwriting, CAPEDGE supports businesses seeking capital for growth, acquisitions, and refinancing. CAPEDGE is headquartered in Altrincham and is part of the Capify group of companies, which has been operating in the UK and Australia since 2008. The UK operation currently employs approximately 85 team members.
For more details about CAPEDGE, visit: www.capedge.co.uk
Media enquiries
Ash Yazdani, Marketing Director
ayazdani@capedge.co.uk
Cloudsquare Launches IntelliParse to Automate Application Intake and Financial Analysis—powered by Heron
April 9, 2025Los Angeles, CA – April 9, 2025 – Cloudsquare, a leading provider of cloud-based lending platforms, today announced the launch of IntelliParse, a proprietary AI engine built to eliminate manual document processing and accelerate deal flow. Now integrated into Cloudsquare’s Origination Module, IntelliParse streamlines borrower intake, automates data extraction, and delivers real-time financial analysis—making underwriting faster, intelligent, and more scalable.
To enhance its financial parsing capabilities, IntelliParse integrates directly with Heron Data, a pioneer in AI-powered workflow automation. Heron’s platform uses advanced machine learning and large language models to automate document-heavy workflows—transforming how businesses extract, enrich, and sync financial data at a scale.
“IntelliParse is built for funders who need speed, precision, and automation across the entire intake process—without breaking the bank,” said Jeffrey Morgenstein, CEO of Cloudsquare. “Heron isn’t just a parsing tool; it’s one of the most trusted and continuously evolving AI/ML technologies in space. Heron has a deep understanding of the MCA industry and the key data points that funders need with over 130 funding customers, making them a powerful and reliable solution for funders who demand both accuracy and affordability.”
IntelliParse Unlocks Major Efficiency Gains for Funders and Brokers:
AI-Powered Application Parsing
IntelliParse dramatically reduces intake time by automatically extracting key borrower information—including business name, requested amount, entity type, and contact details—from scanned PDFs and email attachments. Using advanced OCR and machine learning, it instantly syncs all data into the Cloudsquare platform. This enables teams to process more submissions in less time, eliminate costly manual errors, and accelerate approvals without increasing headcount.
Bank Statement Analysis
Integrated with Heron Data’s industry-leading transaction intelligence, IntelliParse transforms static bank statements into real-time financial insight. It analyzes cash flow patterns, flags NSFs, detects potential fraud and uncovers actual revenue — all without requiring manual effort. The system also identifies recurring payments—revealing hidden debts and financial obligations that enhance underwriting accuracy and reduce risk.
Unlike standalone solutions that require teams to build custom dashboards or workflows, IntelliParse comes ready to use within the Cloudsquare platform. A pre-built, intuitive dashboard gives customers immediate access to actionable insights—eliminating technical lift and accelerating time to value.
“We’re proud to support IntelliParse by bringing Heron’s real-time financial intelligence into Cloudsquare’s platform,” said Johannes Jaeckle, CEO of Heron Data. “Our mission is to remove repetitive, manual work so teams can focus on smarter decisions—and this integration does exactly that.”
For more information or to schedule a demo, visit our website.
Media Contact – Cloudsquare
Cloudsquare Marketing Email: marketing@cloudsquare.io
https://cloudsquare.io/
Media Contact – Heron Data
Byron Henry
Product Owner – SMB Lending
byron@herondata.io
www.herondata.io
Cloudsquare Unveils the Innovative Credibly Integration
March 31, 2025
Los Angeles, CA – March 17, 2025 – Cloudsquare, the leading end-to-end lending platform powered by Salesforce, is once again pushing the boundaries of efficiency in the Merchant Cash Advance (MCA) industry. The company has just announced its latest API integration with Credibly, a trusted name in business financing, promising to transform how brokers and lenders manage deal submissions, approvals, and funding workflows.
With automation at the core, this integration eliminates the tedious, manual processes that slow down funding, giving brokers and lenders a direct pipeline to Credibly’s lending platform—all within Cloudsquare.
A Smarter, Faster, and More Reliable Lending Workflow
Cloudsquare’s Credibly Lender API Integration delivers a suite of powerful features designed to help brokers move deals through the pipeline faster than ever:
✅ Seamless API Submissions – Send applications directly from Salesforce to Credibly—no emails, no extra steps.
✅ Bulk File Uploads – Upload multiple documents at once, improving operational efficiency.
✅ Real-Time Status Tracking – Stay updated on submission progress and approvals instantly.
✅ Automated Decline Insights – Get detailed rejection reasons, allowing brokers to refine applications and increase approval rates.
✅ Smart File Management – Reduce storage burdens by sending secure file URLs instead of large attachments.
“Speed and efficiency are everything in MCA, and our integration with Credibly ensures brokers and lenders never lose momentum,” said Jeffrey Morgenstein, CEO at Cloudsquare.
Redefining MCA Lending with Cloudsquare
Cloudsquare continues to lead the way in MCA technology, delivering seamless integrations and smart solutions that help brokers scale their businesses with confidence. With the addition of Credibly’s API, the company reinforces its commitment to faster funding, smarter lending, and better broker-lender collaboration.
Want to see the Cloudsquare + Credibly integration in action? Visit Cloudsquare today to learn more.
About Cloudsquare
Cloudsquare is the leading end-to-end lending platform, uniquely powered by Salesforce to deliver unparalleled flexibility and innovation for lenders and brokers. With a commitment to optimizing lending processes through cutting-edge technology, Cloudsquare provides robust, scalable solutions that empower clients to achieve greater efficiency and growth. Celebrated by industry leaders, Cloudsquare has earned a place on the Inc. 5000 list as one of America’s fastest-growing companies and is consistently rated a top service provider on platforms like Salesforce AppExchange, G2, Clutch, and Manifest.
For media inquiries, please contact:
Cloudsquare Marketing
Email: marketing@cloudsquare.io
James Webster to Speak at Broker Fair 2025
March 31, 2025
James Webster, Founder and Executive Chairman of ROK Financial, will be a guest speaker at Broker Fair in New York City on May 19th.
James brings a passionate and innovative mindset to the businesses he and his company help grow on a daily basis. Since the age of 18, James has managed multiple sales floors, which allowed him to develop a strong business understanding and a passion for small business.
With nearly two decades of experience in financing and commercial lending, James and his team have helped thousands of business owners secure nearly $2 Billion in business financing, created thousands of new relationships with partners and strengthened their lender relationships, making them a true leader within the landscape. James and the team pride themselves on helping businesses identify their strengths and weaknesses, as well as educate them on the ways they can build on their successes by creating perpetual opportunities with business financing.
In addition to his role at ROK, James sits as the co-chairman of the Small Business Financing Association Broker Council, a non-profit advocacy organization dedicated to ensuring that small businesses can access financing solutions that are clear, secure, and fair. In this role, James establishes responsible and transparent practices for alternative lending brokers while also educating policymakers and regulators about the technology-driven platforms that have emerged in the small business lending market.
James was born and raised on Long Island where he currently lives with his wife, Melissa, and their two children, Lilyanna and Jameson. He is an active member of the Long Island community and feels a special connection to local businesses. Philanthropy plays a big role in James’ personal and business life. ROK’s main philanthropic initiative includes donating 50 meals for every deal that funds with ROK Financial, with the hope of helping end hunger in America.
When not at the office, You will either find James on a golf course or enjoying his other interests such as skiing, fishing, boating, traveling, live sporting & music events but, most of all, spending time with his family!
