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2023 has started off with a bang! At least one funder has succumbed to the economic circumstances while others have announced massive raises of capital and a strong sense of optimism. Arsenal secured $16M while Mulligan Funding secured $100M expandable up to $500M. Sprinkled on top has been the finalization of New York's commercial financing disclosure rules which are poised to go into effect on Aug 1st. Despite interest rates rising, unemployment is now at its lowest ever and the stock market is recovering. There's never a dull day around here. Be well! - The admin |
