Innovaccer

PYMNTS.com | January 27, 2020

In the wake of the financial crisis, banks’ pullback from small- to medium-sized business (SMB) lending yielded a flood of technology-driven players stepping in to fill the SMB credit gap. Entrepreneurs today have more choices than ever before as to how and where they access financing, but in many ways, that journey to capital hasn’t gotten any easier. According to Nav’s newly-appointed CEO Greg Ott, the current market sees an estimated $4 trillion in SMB debt origination each ...

Finance

Globe news wire | April 10, 2023

Amerant Bank, the largest community bank headquartered in Florida, announced today that it has been awarded the U.S. Small Business Administration (SBA)’s 2023 Export Lender of the Year Award, selected by Administrator Isabella Casillas Guzman, head of the SBA. The Export Lender of the Year Awards recognizes excellence in export financing. These awards highlight the accomplishments of lenders in delivering SBA’s international finance programs to small businesses, des...

Small Business Advice

Opportunity Fund | January 07, 2021

Opportunity Fund, the nation's leading nonprofit Community Development Financial Institution (CDFI) to small businesses, today declared partnerships with Meriwest Credit Union, Self-Help Federal Credit Union, and UMe Credit Union, part of the nonprofit lenders' $1 Billion obligation to investing in minimized businesses nationwide in the following two years. These partnerships increase small business owners' access to transparent, reasonable credit — especially among businesses ...

Finance

Involta | December 23, 2021

Global investment firm Carlyle announced today that the fund managed by Carlyle has agreed to acquire Involta. Involta is a data center company focused on hybrid IT and cloud infrastructure, including data center colocation, hybrid cloud, edge, fiber, and related products. Involta owns and maintains 12 data centers and a 12,000-mile fiber network. They deliver mission-critical IT solutions to organizations across the US, along with strategic infrastructure services. Carlyle's ...