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Business Wire | February 20, 2020
Fifth Third Bank, National Association, announced today that it is making it easier for small business owners to apply for loans and lines of credit.* Fifth Third Fast CapitalTM will offer a simple application and, in most cases, approvals will be made within minutes. Funding is available to customers in as little as one business day. Collaborating with Fundation to offer Fifth Third Fast Capital’s expanded services to small businesses is another example of Fifth Third’s digital inno...
Velocity Financial, Inc | December 29, 2021
Velocity Financial, Inc., a leading provider of small balance investor loans, today announced it has acquired a majority stake in Century Health & Housing Capital (“Century”).
Founded in 1992, Century is a licensed “Ginnie Mae” issuer/servicer that provides government-insured Federal Housing Administration (FHA) mortgage financing for multifamily housing, senior housing and long-term care/assisted living facilities. Century originates loans through its ...
GlobeNewswire | August 19, 2020
Biz2Credit today announced that it has launched a partnership with Sage (Sage.com) to provide business financing capabilities to their Sage Accountants Network (SAN) and small business clients. Through this deal, clients of accountants in the Sage network will gain access to capital through Biz2Credit's small business funding platform, which has arranged more than $3 billion in financing to thousands of small and mid-sized companies over the last decade. This agreement comes on the heels of ...
WUSA9 | April 30, 2020
D.C. Mayor Muriel Bowser announced more than $8 million in additional funds for D.C. Small Business Recovery Microgrants Program.
The city has already invested $25 million in the fund to provide relief to local small businesses for expenses including employee wages and benefits, rent, and other operating costs. The Office of the Deputy Mayor for Planning and Economic Development (DMPED) has since received over 7,000 applications for the grant program.
The Department of Housing and ...
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