Automated business financing company FaaStrak has announced a new division of the company —FaaSfunds, focused on alternative financial products for businesses —and an updated version of its flagship technology platform.FaaSfunds, an alternative...
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June 10, 2019, 07:12 AM
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Fora Financial announced it has acquired a significant stake in US Business Funding (USBF). The combination will create one of the largest, broadest reaching direct sales organizations in the small business alternative lending space, while deepening...
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June 06, 2018, 07:23 AM
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CIT Group announced that its Direct Capital business, known for its proprietary online lending platform and market-leading customer service, has provided more than $4 billion in equipment financing and working capital loans since its inception in...
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May 05, 2017, 07:14 AM
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Cloud Lending Solutions announced that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading...
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February 21, 2017, 07:08 AM
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Bizfi, a leading fintech company with a platform that combines aggregation, funding and a marketplace for small businesses, announced its board of directors has appointed John Donovan as the company’s chief executive officer (CEO). Donovan is a...
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October 25, 2016, 07:12 AM
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PayNet, Inc., the nation’s small business credit expert, announces the release of the new PayNet MasterScore for Alternative Lending, the first ever pooled-data score for the Alternative Lending space. This score, which is a coming-of-age milestone...
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October 05, 2016, 07:04 AM
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Fundation Group announced that it has obtained a $100 million asset-backed credit facility from Goldman Sachs. Fundation will use this credit facility to accelerate its growth by increasing its capacity to extend credit to small businesses across the...
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August 25, 2016, 07:02 AM
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Townsquare Media, Inc. (“Townsquare”), a leading media, entertainment and digital marketing solutions company focused on small and mid-sized markets and Lendio Inc. announced an exclusive partnership designed to fuel small business funding...
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July 25, 2016, 07:00 AM
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The National Directory of Registered Tax Return Preparers & Professionals (PTIN) has selected fintech company Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation...
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July 21, 2016, 07:05 AM
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Western Independent Bankers (WIB), a trade association which markets to over 600 community and regional banks, announced that it will partner with Bizfi, a financial technology company that provides a wide range of financing options for small...
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March 18, 2016, 07:12 AM
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Venture funding in the U.S. fintech sector jumped 72% in 2015, hitting a record $7.39 billion - up dramatically from $4.3 billion in 2014. The banner year was highlighted by newly minted Unicorns and increased involvement by financial services giants...
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March 14, 2016, 07:10 AM
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LeaseQ announced support for the expansion of Steadfast Fitness & Performance, a personal training facility developed by former NFL player and Super Bowl Champion Isaiah Stanback and former University of North Texas Wide Receiver Jared Harrison. By...
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January 29, 2016, 07:17 AM
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Bizfi announced that Metropolitan Equity Partners (“Metropolitan”) has provided a structured financing facility of $65 million to the company to drive growth. Closing this financing round enables Bizfi to:
Expand its suite of funding programs...
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December 16, 2015, 07:16 AM
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Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with over $2.0 billion in assets under management, announced that one of its affiliates has made a significant investment in partnership with the...
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October 15, 2015, 07:04 AM
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