Search Results for: finance

New Company, Trupayments, LLC, Launches Grail Technology Platform to Power Personalized Digital Marketing, Shopping and Retailing Solutions
Banking Fintech Funding

New Company, Trupayments, LLC, Launches Grail Technology Platform to Power Personalized Digital Marketing, Shopping and Retailing Solutions

Fintech News Desk
Initial Products, Tru Shop-By-Payment and Tru Rideitnow Serve Automotive, Powersports and Rv Verticals. Automobile Consumer Services, Inc. (ACS), announced it has established truPayments, LLC, a financial technology company. In 2017, ACS engineers began building a new platform, GRAIL, replacing its 11 year old DriveItNow web application. When completed, GRAIL will......
Brex Adapts Rewards, Adds SBA Loan Support to Help Customers During COVID-19 Crisis
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
Hebron Announces Appointment of Chief Executive Officer
B2C Fintech News

Hebron Announces $6.5 Million Private Placement

Fintech News Desk
Hebron Technology Co., Ltd. , a developer, manufacturer and installer of valves and pipe fittings for use in the pharmaceutical, biological, food and beverage, and other clean industries, announced that it has entered into a definitive share purchase agreement (the “Agreement”) with two institutional investors, Jupiter Trading Co., Ltd (BVI)......
Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing
Fintech Funding News

Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing

Fintech News Desk
Avianca Informed Today That It Has Successfully Reprofiled Substantially All of Its Debt and Lease Obligations, Consistent With the Financing Plan It Laid out in June of This Year United and Kingsland Have Funded Their Previously-Disclosed USD $250 Million Commitment, Investing in Four-Year Senior Secured Term Loans Which Are Mandatorily......
Ledger Vault, Coinstreet Partners And Global Intelligent Trust Collaborate to Launch Digital Asset Custody Service for Digitized Securities, Tokenized Assets & Stablecoins
Fintech News

Ledger Vault, Coinstreet Partners And Global Intelligent Trust Collaborate to Launch Digital Asset Custody Service for Digitized Securities, Tokenized Assets & Stablecoins

Fintech News Desk
BMI Coinstreet Digital (BC-Digital), a joint venture between BMI Group & Coinstreet Partners, and Global Intelligent Trust (GIT), a licensed trust company in Hong Kong, announced their collaboration to launch digital asset custody services for initial Tokenized Security Offering (TSO), Digitized Security Offering (DSO), Tokenized Asset Offering (TAO), Security Token Offering......
CMBS Delinquency Rate Maintains Downward Trend in November
Banking News

CMBS Delinquency Rate Maintains Downward Trend in November

Fintech News Desk
The Trepp CMBS Delinquency Rate Fell Sharply in November as the Index Hit Another Post-Crisis Low. Trepp, LLC, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its November 2019 US CMBS Delinquency Report. The Trepp CMBS Delinquency Rate......
Republic Provides a $1.5 million Facility to a Midwestern Transportation Company
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

Admin
Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
Eastern Union Launches 'Pooled Loan' Division
Business Fintech News

Eastern Union Launches ‘Pooled Loan’ Division

Fintech News Desk
Lenders Will Offer Lower Interest Rates to Borrowers Who Purchase as a Group Eastern Union, one of the country’s leading commercial real estate finance firms, has launched a Pooled Loan division that will deliver below-market interest rates for borrowers. Borrowers will be rewarded with the discounted rates by pooling multiple......
CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
FocusCFO to Join JumpStart Preferred Partner Program
News

FocusCFO to Join JumpStart Preferred Partner Program

Fintech News Desk
FocusCFO announced plans to join JumpStart’s Preferred Partner program, giving JumpStart clients across Cleveland and Toledo access to seasoned professionals for help with cash management, financial reporting, forecasting and managing growth. “We are excited to be joining the JumpStart Preferred Partner program and look forward to sharing our expertise with......
1