Announcements

Finn & Co, Inc. To Manage Two New Equity/Debt Funds

December 14, 2017
Article by:

news pad

Below is a letter that was circulated by Finn & Co, Inc. Finn & Co, Inc. is pleased to report the formation of two new equity/debt private equity funds to be managed by our firm. The first of these two funds is a US$100M equity fund which will seek investments in the MLM Industry (multi-level-marketing). […]

View Post

Yellowstone Capital Surpasses $2 Billion in Originations

December 8, 2017
Article by:

Yellowstone Capital

Jersey City-based Yellowstone Capital has surpassed $2 billion in originated deals. The milestone was announced Thursday evening at the company’s year-end holiday soirée. The company was founded in 2009.

View Post

DataMerch.com Surges Past 10,000 Records

November 28, 2017
Article by:

datamerch logo

Online underwriting database for the alternative financing industry experiences wide adoption and growth Tampa, FL, November 28, 2017 – Today, DataMerch.com, an online underwriting database for the alternative financing industry, announced that they have surpassed over 10,000 records in their database. After creating the online database only 2 years ago, DataMerch has experienced rapid growth […]

View Post

Kabbage Taps Debt Capital Markets for a Cool $200 Mil

November 16, 2017
Article by:

Kabbage Logo

Kabbage has been accessing the capital markets fast and furiously, most recently on the debt side. Today they’ve announced a new $200 million asset backed revolving credit facility with Credit Suisse. Just a couple of months ago, Kabbage attracted $250 million in equity to its coffers from SoftBank, which the alternative funder will direct toward […]

View Post

LENDUP HIRES FIRST CHIEF FINANCIAL OFFICER, ANNOUNCES SIGNIFICANT GROWTH MILESTONES

November 7, 2017
Article by:

company news

Bill Donnelly, a 30-year consumer credit veteran, joins as LendUp’s first CFO; Chief Data Scientist and General Manager of Loans also join Company’s innovative products have saved customers $150M and delivered 1.7M education courses San Francisco, November 8, 2017 — LendUp, a socially responsible fintech company for the emerging middle class, today announced that Bill […]

View Post

6th Avenue Capital Secures $60 Million Commitment For Merchant Cash Advance Funding

November 2, 2017
Article by:

breaking news

Highly Experienced Executive Team Offers Flexible Financing Options to Small Businesses New York City – November 2, 2017 – 6th Avenue Capital, LLC (“6th Avenue Capital”), a leading provider of small business financing solutions, announced today its securement of a $60 million commitment from a large institutional investor. The investor made their commitment based on […]

View Post

Fundera Passes $500M in Loans Funded to 8,500+ Small Businesses

November 1, 2017
Article by:

company news

(New York, NY–Nov 1, 2017) – Fundera, the trusted advisor and online marketplace for small business financing, today announced that it has surpassed the $500 million mark in loans funded to over 8,500 small businesses on its platform. Fundera’s platform allows small business owners to apply to a curated network of 25-30 lenders in the […]

View Post

StreetShares Reports $6.2M Loss For Fiscal Year 2017

October 31, 2017
Article by:

Veterans small business lending

StreetShares, the veteran-run small business lender, continued to post sizable losses, according to their June 30th fiscal year-end financial statements. The company had a $6,193,154 loss on only $2,168,067 in revenue. While StreetShares has generated significant buzz for their particular focus on military-owned small businesses, the lender only made 751 loans in the 12-month period […]

View Post

CommonBond Closes $248 Million Securitization, Secures Inaugural S&P Rating of AA

October 27, 2017
Article by:

news pad

Securitization Is CommonBond’s Largest and Highest-Rated to Date; Receives Aa2/AA/AA(high) Ratings from Moody’s, S&P, and DBRS NEW YORK (October 27, 2017) – CommonBond, a leading financial technology company that helps students and graduates pay for higher education, today announces the close of a $248 million securitization of refinanced student loans. The offering’s most senior notes […]

View Post

Newtek (NASDAQ: NEWT) Acquires United Capital Source

October 25, 2017
Article by:

Jared Weitz United Capital Source deBanked Magazine

Newtek (NASDAQ:NEWT), a leading provider of key business and financial solutions, has acquired NY-based United Capital Source (UCS). Terms of the deal were undisclosed except that UCS has become “wholly owned” which means that all of the company’s shares were acquired. UCS CEO Jared Weitz was previously featured on the cover of our Sept/Oct 2015 […]

View Post


StockPriceChange
Market Cap
LC$4.140.001.72B
ONDK$4.82-0.07352.50M
SQ$40.46+0.3915.72B
BTC$11558.62