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The CDFI instated Abrigo's SBA Lending technology platform and systemized approach soon after business owners were able to begin applying for PPP loans. The Oakland, Calif.-based Lending & Credit Risk. SBA Lending. CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans.
Keller, President and Chief Executive Officer of Community Bank of the Bay, a Community Development Financial Institution serving the San Francisco Bay area from its base in Oakland, Calif. “The application came out Friday and we worked on it all through the weekend along with our partners at Abrigo, and we’re ready. SBA Lending.
This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.
Self-employed contract workers, commission-based employees, tip-based workers, small business owners and seasonal workers all face variations on income volatility, according to Joanna Smith-Ramani, program director of the Aspen Institute Financial Security Program’s Expanding Prosperity Impact Collaborative (EPIC).
HQ: Oakland, California. Marketplace small business lending platform. Payment security technology. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects. Total raised: $224.9
HQ: Oakland, California. Lending marketplace for small businesses. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. Lender for solar energy installations. Latest round: $220 million Private Equity. Total raised: $245 million.
The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). 15 million to security provider Trulioo. HQ: Oakland, California. Total raised: $300 million.
AnchorID added a $125,000 convertible note for its security software. HQ: Oakland, California. Tags: Consumers, SMB, security, blockchain, bitcoin, document management. And more telling, the number of deals is up 90% (227 vs. 119 in 2015). Here are the fintech deals by size from 27 Feb to 4 Mar 2016: iAngels. Total raised: $16.25
Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Real estate marketplace lending. Tags: Enterprise, SMB, , credit, loans, underwriting, lending. million) and Jetty ($4 million).
HQ: Oakland, California. Tags: Consumer, SMB, loans, credit, lending, underwriting. Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2 Source: Crunchbase. Maestro Health. Total raised: $30.7
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