Category : Lending

Home Capital Announces Receipt of Final Regulatory Approvals and Expected Closing Date for Acquisition by Smith Financial Corporation
Fintech Lending News

Home Capital Announces Receipt of Final Regulatory Approvals and Expected Closing Date for Acquisition by Smith Financial Corporation

Business Wire
by Business Wire0
Home Capital Group is pleased to announce that the required regulatory approvals under the Bank Act (Canada) and Trust and Loan Companies Act (Canada) have been granted by the Federal Minister of Finance in respect of the previously announced acquisition of Home Capital by a wholly owned subsidiary of Smith Financial Corporation (“SFC”)......
Slate Office REIT Completes $140.0 Million Debt Refinancing
Lending Mortgage News

Slate Office REIT Completes $140.0 Million Debt Refinancing

Business Wire
by Business Wire0
Slate Office REIT, an owner and operator of high-quality workplace real estate, announced that it has successfully refinanced the mortgage loans on two of its Greater Toronto Area assets, collectively totaling approximately $140.0 million. Latest Fintech Interview Global Fintech Interview with Will Tumulty, CEO at Rapid Finance A $45.3 million......
Forbright Bank Finances $6.4 Million Affordable Housing Project in Massachusetts
Finance Lending News

Forbright Bank Finances $6.4 Million Affordable Housing Project in Massachusetts

Business Wire
by Business Wire0
Financing from Forbright was provided under the U.S. Department of Housing and Urban Development’s Multifamily Acquisition and Refinancing program (223f) Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, utilized its newly established Housing and Urban Development (HUD) Lending platform to provide a $6.4 million......
FHLBank Chicago Increases Support for Small Businesses through Subsidized Lending and Accelerate Grants
Lending News

FHLBank Chicago Increases Support for Small Businesses through Subsidized Lending and Accelerate Grants

Business Wire
by Business Wire0
Products and programs provide critical access to capital for small business owners in Illinois and Wisconsin Small businesses are engines of economic growth in local communities and are facing challenges with growing or enhancing their operations due to surging borrowing costs in a high-interest rate environment. The Federal Home Loan......
GoLogiq Plans to Acquire Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend
Fintech Lending News

GoLogiq Plans to Acquire Fram Venture 7, and its Vietnamese SME-Lending Platform, DragonLend

GlobeNewswire
by GlobeNewswire0
GoLogiq, Inc., a U.S.-based global provider of fintech and consumer data analytics, has signed a non-binding letter of intent to acquire all of Fram Venture 7 AB, a Swedish fintech corporation, for US$6 million in an all-stock transaction. Total consideration could increase to US$20 million depending upon the achievement of......
Regions Bank Announces Sabal Capital Partners has Officially Transitioned to the Regions Real Estate Capital Markets Brand
Capital Markets Lending News

Regions Bank Announces Sabal Capital Partners has Officially Transitioned to the Regions Real Estate Capital Markets Brand

Business Wire
by Business Wire0
Group’s combined offerings include expanded range of multifamily and commercial real estate loan programs to meet diverse borrower needs Regions Bank on Wednesday announced Sabal Capital Partners is now officially part of the Regions Real Estate Capital Markets brand. The brand change reflects Sabal Capital Partners’ further integration into the existing Regions......
Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending
Lending News

Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending

Business Wire
by Business Wire0
Farmers Insurance Federal Credit Union (FIGFCU), the credit union serving predominantly members of the Farmers Insurance community, announced its partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to consumers across the country. “Farmers Insurance Federal Credit Union is committed to help more people live......
Lendvia Broadens Personal Loan Portfolio to Foster Financial Independence
Finance Lending News

Lendvia Broadens Personal Loan Portfolio to Foster Financial Independence

PR Newswire
by PR Newswire0
Lendvia’s portfolio expansion aims to provide customized loan solutions, promoting financial self-reliance Lendvia, a leading financial institution committed to empowering individuals with tailored financial solutions, proudly announces the expansion of its Personal Loan Portfolio, designed to usher individuals with special circumstances toward financial independence. This strategic move of the lending company......
WesBanco Opens Commercial Loan Production Office in Fast-Growing Chattanooga Market
Lending News

WesBanco Opens Commercial Loan Production Office in Fast-Growing Chattanooga Market

PR Newswire
by PR Newswire0
Latest LPO advances company’s strategic growth in Tennessee  WesBanco, Inc., a diversified, multi-state bank holding company, announced that it has opened a new loan production office (LPO) to serve the commercial lending needs of the fast-growing Chattanooga, Tennessee metropolitan market. The Chattanooga LPO, WesBanco’s second in Tennessee, is another step in the execution......
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