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 […]

MarketFinance vs. Funding Circle: Comparison of the CBILS products

MarketFinance is the latest alternative lender to unveil its line of products under the Coronavirus Business Interruption Lending Program (CBILS), but how does it compare to other providers? British Business Bank accredited MarketFinance for CBILS loans last month and is one of the alternative lenders offering the financing package for troubled companies alongside Funding Circle, […]

Starling and Funding Circle Provide £ 300M Small Business Loan: CityAM

Starling Bank and Funding Circle announced today that they have teamed up to provide £ 300 million in loans to small businesses under the Coronavirus Business Interruption Lending Program (CBILS). Starling is partnered with other institutional investors through Funding Circle to provide loans to more than 4,000 small businesses across the UK. Both fintech firms […]

UK SME Lender Funding Circle is re-examining whether Open Banking should be used to improve the customer experience

Funding Circle (LSE: FCH), an SMB lender that facilitates loans in both the US and parts of Europe, is currently considering whether to start using open banking technology. The company claims it has managed to improve its customer experience and is now looking to rethink the adoption of open banking software and solutions. Open banking […]

The SME Lender Financing Circle reports that millions of UK consumers have switched to local businesses

Sponsorship group (LSE: FCH), an SME lender that provides credit in both the US and parts of Europe, recently noted that many businesses in the UK are preparing to reopen amid lockdown measures related to the Coronavirus will be eased. But even for companies that have continued to provide services during the pandemic, adapting to […]

Check out the documentary “Dark Circle” on Rocky Flats this Friday | University libraries

Starting Friday, August 21, the CU Boulder International Film Series and the University Library Archives invite you to a virtual screening of the award-winning documentary Dark circle. Produced and directed by Chris Beaver and Judy Irving, the 1982 feature film tells the story of the Rocky Flats Plant in Jefferson County, Colorado. The Rocky Flats […]

Funding Circle expands into bounce-back loans

Funding Circle is preparing to expand its involvement in the government’s emergency funding programs to offer bounce-back loans (BBL) alongside coronavirus business interruption loans. The peer-to-peer lender was the first in the industry to be accredited for the Coronavirus Business Interruption Lending Program (CBILS) and to accept an offer from the British Business Bank to […]

Starling Bank provides Funding Circle with a £ 300 million CBILS loan pool

Alternative loansDigital banking CBILS aims to provide largely government-backed credit to SMEs to ensure smaller businesses receive liquidity during the COVID-19 pandemic. Image source: Starling Bank Starling Bank and Funding Circle have entered into a strategic partnership to provide £ 300 million in loans to small businesses under the Coronavirus Business Interruption Loan Scheme (CBILS). […]

LendingClub works with Opportunity Fund and Funding Circle to improve financial inclusion and access to credit for small businesses

SAN FRANCISCO, April 23, 2019 / PRNewswire / – LendingClub Corporation (NYSE: LC), America’s largest online lending marketplace, connecting borrowers and investors; Opportunity Fund, the country’s leading nonprofit small business lender; and Funding Circle, the leading small business lending platform in The United States1, today announced a collaboration aimed at greatly improving small business owners’ […]