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BlueVine doubles invoice financing credit lines to up to $5 million

January 30, 2018
Article by:

company news

BlueVine also increases business line of credit to $200,000; opens New Jersey office REDWOOD CITY, Calif. – January 30, 2018 – BlueVine has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Katherine Fisher to testify before House Small Business Subcommittee

October 24, 2017
Article by:

Katherine "Kate" Fisher Hudson Cook

Fisher will provide testimony at hearing on Oct. 26 regarding improving small business capital access Hanover, Maryland, October 23, 2017 – Katherine “Kate” Fisher, a partner in the Maryland office of Hudson Cook, LLP, is scheduled to speak at a hearing before the Congressional House Committee on Small Business in Washington, D.C., on October 26, […]

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OAREX Secures $10,000,000 in Funding, Strengthens Digital Media Presence

October 24, 2017
Article by:

Oarex

CLEVELAND, OH – OAREX Capital Markets, Inc. (“OAREX”), a leading non-bank financing institution providing financing for digital media companies, today announced that it has closed on a $10,000,000 line of credit from a group of lenders, led by Arena Investors, LP, a New York-based global investment firm. OAREX accelerates programmatic advertising revenue for digital publishers […]

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Online Small Business Lending Provides Benefits to Small Business Owners, Finds New Survey

October 23, 2017
Article by:

trade groups

The new study sponsored by a joint trade coalition finds small business owners utilize online business lenders to grow their businesses and to power the American economy. Washington, D.C., October, 23, 2017 – Four leading trade associations – Electronic Transactions Association, Innovative Lending Platform Association, the Marketplace Lending Association, and the Small Business Finance Association […]

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Platinum Rapid Funding Group Hires Dynamic New CFO

October 16, 2017
Article by:

breaking news

Platinum Rapid Funding Group Welcomes Michael Kennedy, CFO Uniondale, NY: Michael Kennedy, former CFO of BizFi, Mastercard Europe, and American Express Latin America, has joined Platinum Rapid Funding Group LLC. As CFO, Michael is a highly accomplished professional with over thirty years of industry experience, most recently serving as an effective strategist and visionary at […]

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