This free clinic in Cedar Rapids has a new home thanks to a $ 1 million loan from a donor

CEDAR RAPIDS – In its 28 year history, His Hands Free Clinic has never operated in a room built for medical care. But that is about to change this month as the devout nonprofit moves to a new space that has been bought and renovated through a $ 1 million loan. “I’m definitely telling people […]

Madison Realty Capital closes more than $ 1.5 billion

New York, February 11, 2021 (GLOBE NEWSWIRE) – Madison Realty Capital, a fully integrated real estate private equity firm focused on bond and equity strategies, announced today that it had more than 1.5 billion Conducted bond purchases in 2020 ranging from $ 4.9 million to $ 173 million. The company completed a total of 23 […]

VA Updates Circulars on Assessment Practices for COVID-19 | Weiner Brodsky Kider PC

The VA recently released updates to Circular 26-20-13 that enabled the expanded use of field inspections during the VA assessment process. In addition to clarifying certain terms and the effective date of the circular, the current update adds a content-related provision on the accessibility of the water system for repair inspections. According to the new […]

Funding Circle is temporarily closing the doors to casual investors

Peer-to-peer investing has dealt another blow as Funding Circle, one of the UK’s largest platforms, has deterred investors from backing lending to help coronavirus-hit businesses. The peer-to-peer lender more than doubled its share price after breaking it on Jan. It was also accepted to lend money to small businesses in the US through a similar […]

Funding Circle reports increased losses

During 2019, the UK marketplace lender lent £ 1.6 billion ($ 2 billion) to small businesses through its platform, according to Funding Circle’s annual results. In total, it had £ 2.6 billion ($ 3.3 billion) in loans under management by the end of the year. Funding Circle grew revenue 18% to £ 167 million ($ […]

Funding Circle outperforms $ 10 billion in loans to small businesses worldwide

SAN FRANCISCO – (BUSINESS WIRE) – Funding Circle, the leading small business lending platform in the UK, US, Germany and the Netherlands, announced today that investors have lent more than $ 10 billion to small businesses around the world through its platform. Funding Circle reached this milestone in less than a decade and has proven […]

Coronavirus emergency program gives fintechs a chance for SBA loans

For fintechs, the federal government’s comprehensive response to the coronavirus crisis could be a way of gaining access to more credit options. Congress stands ready to pass a stimulus package that provides $ 349 billion in loans to small businesses. The effort, which is scheduled to run through June 30, would be channeled through the […]

Changing life – and credit history – one microloan at a time

In summary It’s a catch-22: To get good credit, consumers must first have good credit. Programs like that of the nonprofit Mission Asset Fund bridge informal traditional lending practices with the mainstream financial system. In an office building in the Mission District of San Francisco, a small group of people who had just met sat […]

Exclusive: Lisa Jacobs from Funding Circle on CBILS, private investors and the economic recovery

Funding Circle celebrates its 10th anniversary in August this year and was originally founded to support small businesses that were underserved by major banks after the financial crisis. 10 years later, small businesses are facing another mammoth crisis, but Funding Circle is still ready to support it, explains UK CEO Lisa Jacobs (pictured). “What amazed […]

Funding Circle US introduces Small Business Choice, offering small business owners interest and loan term options

SAN FRANCISCO – (BUSINESS WIRE) – Funding Circle US, the leading small business lending platform, today announced Small Business Choice. The newest feature on Funding Circle’s US lending platform offers borrowers three fully approved loan options with varying terms and interest rates to give small business owners the flexibility to find the loan that best […]