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StarTribune.com | March 18, 2020
Tan Do has been in the restaurant business for 23 years and his Skyway Wok restaurant attracts many workers in downtown Minneapolis everyday. But he closed it starting Wednesday for at least the next week or two. Few people stopped in Tuesday and even takeout orders didn’t come after downtown offices emptied and state leaders told restaurants to close to slow coronavirus. “I’ve not experienced anything like this before,” he said. “I have no plan right now. We don&rs...
Comerica Bank | September 05, 2022
Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation."We know that many minority businesses are often self-funded due to lack of access to capital, and a key component of our m...
Business Wire | August 28, 2020
Crestmont Capital, a leader in small business lending, today announced it facilitated more than $380 million in Paycheck Protection Program (PPP) loans. Since initiating PPP applications on April 6, 2020, Crestmont Capital has provided access to a financial lifeline to more than 10,000 small businesses nationally. Crestmont Capital was one of the first lenders in the country to offer loans via the PPP to all small businesses, without requiring preexisting relationships. As a result, the demand f...
Castlelake | March 17, 2022
Castlelake L.P. ("Castlelake"), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group Limited, a specialty finance company with 40 years of experience in the commercial equipment finance market, today announced an agreement for the forward purchase of diversified equipment loan and lease receivables originated by Chesswood subsidiaries Pawnee Leasing Corporation and Tandem Finance Inc.
Through the a...
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