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FINITIVE FACILITATES CREDIT FACILITY FOR BUYER OF DISTRESSED SMALL BUSINESS LOANS

Finitive | September 15, 2020

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Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, today announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. The specialty finance company will use the credit facility to purchase distressed and non-performing portfolios from non-bank MCA lenders, and also from investors and warehouse lenders to MCA lenders...

Read More

BUSINESS STRATEGY

POWELL SOFTWARE LAUNCHES TOGETHER TO ALLOW SMES TO CONNECT AND COLLABORATE WITH EASE

Powell Software | September 14, 2021

news image

As small businesses grapple with a myriad of challenges to keep their companies running successfully, Powell Software introduces Together, the small business intranet accessible from Microsoft Teams that helps meet their productivity, communication and collaboration needs. Together is a secure, all-in-one space, deployable in minutes, that allows workers and their employers to collaborate in a single simple, intuitive interface. It unites the intranet with Teams so that empl...

Read More

ALIGNABLE.COM LAUNCHES #MYMONEYSTAYSLOCAL FOR SMALL BUSINESSES

Cision PR Newswire | August 05, 2020

news image

To help drive more progress in the recovery of all small businesses and their communities across the U.S. and Canada, Alignable.com is launching #MyMoneyStaysLocal today. #MyMoneyStaysLocal is a grassroots movement encouraging business owners and community members alike to spend more money on purchases close to home. The movement was created to raise awareness of how spending your money locally has a direct impact on how quickly and completely your community recovers. Local businesses really nee...

Read More

HOUSE INVESTIGATES BANK PROCEDURES FOR PPP LOAN PROCESSING

PYMNTS | June 17, 2020

news image

A U.S. House panel is investigating if multiple banks gave preferential treatment to large, well-funded firms compared to companies in minority or isolated areas when making loans meant for providing COVID-19 relief, Bloomberg reported. In a letter to Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza, several U.S. representatives said that some big lenders reportedly made a system with two levels to handle Paycheck Protection Program (PPP) ap...

Read More
news image

FINITIVE FACILITATES CREDIT FACILITY FOR BUYER OF DISTRESSED SMALL BUSINESS LOANS

Finitive | September 15, 2020

Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, today announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. The specialty finance company will use the credit facility to purchase distressed and non-performing portfolios from non-bank MCA lenders, and also from investors and warehouse lenders to MCA lenders...

Read More
news image

BUSINESS STRATEGY

POWELL SOFTWARE LAUNCHES TOGETHER TO ALLOW SMES TO CONNECT AND COLLABORATE WITH EASE

Powell Software | September 14, 2021

As small businesses grapple with a myriad of challenges to keep their companies running successfully, Powell Software introduces Together, the small business intranet accessible from Microsoft Teams that helps meet their productivity, communication and collaboration needs. Together is a secure, all-in-one space, deployable in minutes, that allows workers and their employers to collaborate in a single simple, intuitive interface. It unites the intranet with Teams so that empl...

Read More
news image

ALIGNABLE.COM LAUNCHES #MYMONEYSTAYSLOCAL FOR SMALL BUSINESSES

Cision PR Newswire | August 05, 2020

To help drive more progress in the recovery of all small businesses and their communities across the U.S. and Canada, Alignable.com is launching #MyMoneyStaysLocal today. #MyMoneyStaysLocal is a grassroots movement encouraging business owners and community members alike to spend more money on purchases close to home. The movement was created to raise awareness of how spending your money locally has a direct impact on how quickly and completely your community recovers. Local businesses really nee...

Read More
news image

HOUSE INVESTIGATES BANK PROCEDURES FOR PPP LOAN PROCESSING

PYMNTS | June 17, 2020

A U.S. House panel is investigating if multiple banks gave preferential treatment to large, well-funded firms compared to companies in minority or isolated areas when making loans meant for providing COVID-19 relief, Bloomberg reported. In a letter to Treasury Secretary Steven Mnuchin and Small Business Administration (SBA) Administrator Jovita Carranza, several U.S. representatives said that some big lenders reportedly made a system with two levels to handle Paycheck Protection Program (PPP) ap...

Read More