Citizens Bank announced that it will offer digital lending capabilities to small business customers through a collaboration with Fundation Group LLC, a leading digitally-enabled lender and credit solutions provider to regional and community banks....
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December 21, 2016, 07:33 AM
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OnDeck, a leader in online lending for small business, announced today the closing of a $200 million asset-backed revolving debt facility with Credit Suisse.In addition to its other funding sources, OnDeck may now obtain funding under the new credit...
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December 09, 2016, 08:11 AM
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Elevate, a leading provider of innovative online credit solutions for non-prime consumers, has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment advisor dedicated to alternative investing, by an...
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July 27, 2016, 07:58 AM
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The U.S. Treasury Department issued a white paper regarding its review of the online marketplace lending industry. The white paper titled, “Opportunities and Challenges in Online Marketplace Lending,” provides an overview of what the Treasury...
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May 11, 2016, 07:53 AM
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The online alternative finance market, including crowdfunding and peer-to-peer lending, is exploding in the U.S., generating more than $36 billion in funding in 2015, up from $11 billion in 2014, according to a new report published by KPMG, the...
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April 12, 2016, 08:07 AM
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Accord Financial Corp. announced the launch of AccordAccess, a unique online lending program aimed at financing growth for small and medium-sized businesses across Canada. AccordAccess is a fast, flexible working capital solution that provides...
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November 25, 2015, 07:44 AM
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Regions Bank and Fundation Group LLC announced an agreement that will combine the strengths of one of the nation's largest full service banks with that of a leading online lender to provide small businesses with a first of its kind, coordinated...
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October 09, 2015, 07:24 AM
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, announced it will invest up to 230 million euro in loans originated by Zencap over a three year period, under an exclusive agreement. The...
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September 01, 2015, 07:36 AM
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Victory Park Capital, an asset management firm that specializes in direct credit and equity investing in middle- and lower-middle-market companies, announced a $25 million credit facility for Chicago-based AvantCredit, an online lending company...
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May 09, 2013, 07:51 AM
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