Business Day is the world’s largest marketplace for business loans.
The site offers a huge range of products and services to help startups find the best deals on financing, business licenses, and other business products.
But with the rise of the so-called “Silicon Valley bubble,” Business Day has become a battleground for tech companies looking to grow their business.
In the latest case, the company that helped finance some of the world is under investigation by the SEC for violating securities laws, according to Business Insider.
As Business Insider’s Emily Yoffe explains, “The SEC said that on September 5, 2017, the Company failed to disclose in a filing that it had received $4.9 million in loan funds from a different lender.
The loan was made by the lender, Capital One, to help a business start-up with a business loan, according the SEC.”
The company has been in bankruptcy since December of last year.
The SEC says it has filed criminal charges against Capital One.
As Yoffes notes, this is not the first time Capital One has been accused of violating its loan terms.
Last year, the SEC said Capital One failed to report $4 million in loans that were made to a company called TechStars that was part of the Silicon Valley Bubble.
The company later sued the SEC, but lost, and it settled with TechStars.
TechStars was later acquired by Yahoo for $1.4 billion.
In this case, TechStars has been cited for several other violations.
The FTC says TechStars “fraudulently attempted to deceive investors in its offerings by falsely claiming it was able to offer loans in all 50 states, and that the loans would be made in accordance with state law.”
The FTC alleges that Capital One misrepresented TechStars’ business model, claiming that the company would be able to borrow money to expand its operations.
Capital One’s website says that its goal is to “help startup businesses succeed by providing the most efficient, competitive, and affordable financing to help them build their businesses and provide a return on their investments.”
Capital One says it received $9.8 million from TechStars, which it says was a loan for $500,000.
Techstars was founded by former Microsoft executives and was spun off into a new company.
Tech Stars also had an initial public offering, which valued the company at about $6.5 million.
The startup was later bought by Bank of America for $5.4 million, which made Capital One a public company.
The Wall Street Journal reported that Capital one’s chief executive officer was named the “Managing Director of Capital One Global,” an executive position that gives the company a global reach and gives it more control over financing deals for other companies.