Search Results for: loan portfolio

goeasy Ltd. Announces Purchase of Mogo Inc’s $31.9 million Consumer Loan Portfolio and Forms Lending Partnership
Business Fintech News

goeasy Ltd. Announces Purchase of Mogo Inc’s $31.9 million Consumer Loan Portfolio and Forms Lending Partnership

Fintech News Desk
by Fintech News Desk0
goeasy Ltd. , a leading full-service provider of goods and alternative financial services, announced today a $31.9 million transaction to acquire a consumer loan portfolio from Mogo Inc., which has a gross receivables balance of approximately $31.9 million and approximately 5,700 active customers, consisting of personal installment loans with terms......
KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
Finance Fintech News

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
by Business Wire0
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......
Levine Leichtman Capital Partners Portfolio Company Global Loan Agency Services To Acquire Pristine
Investment Services News

Levine Leichtman Capital Partners Portfolio Company Global Loan Agency Services To Acquire Pristine

Business Wire
by Business Wire0
Global Loan Agency Services (“GLAS”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced that it has signed an agreement to acquire Pristine SAS (“Pristine”). Headquartered in London, UK with offices in France, Germany, the United States, and Australia, GLAS is a leading provider of loan administration, agency, and......
Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023
Banking Mortgage News

Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023

Business Wire
by Business Wire0
Gantry, the largest independent commercial mortgage banking firm in the U.S., is experiencing a year-over-year decrease in commercial mortgage production through H1 2023. Volatile commercial real estate markets have remained consistent since H1 2022 as market participants continue to grapple with price discovery, higher rates, maturing loans, distress, disrupted fundamentals,......
Greystone Provides $25.4 Million Loan for New Haven, CT Multifamily Portfolio Acquisition
Finance News

Greystone Provides $25.4 Million Loan for New Haven, CT Multifamily Portfolio Acquisition

Fintech News Desk
by Fintech News Desk0
Greystone, a leading national commercial real estate finance company, has provided a $25,449,000 loan for acquisition of a 145-unit multifamily portfolio in New Haven, Connecticut. The financing was originated by Rob Meehan, Managing Director at Greystone and Avrom Forman, Director at Greystone, on behalf of Broadway Elm LLC. The Greystone......
Centrinex Expands LMS Platform Portfolio Through LoanPro Partnership
Banking Digital Payments Finance News

Centrinex Expands LMS Platform Portfolio Through LoanPro Partnership

Fintech News Desk
by Fintech News Desk0
Midwest-based call center, Centrinex, announces a partnership with LoanPro, a leading API-based, mid-market and enterprise Loan Management Software (LMS) Midwest-based call center, Centrinex, announces a partnership with LoanPro, a leading API-based, mid-market and enterprise Loan Management Software. The addition of LoanPro to Centrinex’s LMS portfolio brings yet another platform option......
Kofax ReadSoft Online and Coupa Partner to Automate Mission Critical Procure-to-Pay Processes
Banking Fintech Investment Services News

Bamboo Capital Partners Exits Confie After Triple-Digit Growth in Loans and Savings Portfolios

Fintech News Desk
by Fintech News Desk0
  Bamboo Capital Partners (“Bamboo”), the specialist impact investor in emerging and frontier markets, today announces its successful exit from CONFIE, a Latin American microfinance investment holding company. CONFIE supports the development of the microfinance industry through investment, financing, and technology to promote equitable and inclusive development in Latin America.......
Claira Receives Strategic Investment Led by Citi SPRINT to Accelerate Digital Transformation with Next-Gen Document Intelligence Technology
Artificial Intelligence Fintech Investment Services News

Claira Announces Loan Contract Understanding & Analysis to Better Navigate Stressed Portfolios

Fintech News Desk
by Fintech News Desk0
Claira LLC, creator of the industry’s leading financial contract understanding technology, is excited to announce its latest development — loan contract covenant analysis for CMBS & Commercial Loans. Read More: How Are Neobanks Changing The Face Of Banking Today? With many retail businesses, hotels, and office buildings closed or operating......
Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond
Business Fintech News Risk Management

Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond

Fintech News Desk
by Fintech News Desk0
Forecaster tool helps lenders make better decisions with customized forecasts and macroeconomic data Experian, the world’s leading global information services company, in collaboration with Oliver Wyman, a leading global management consulting firm, launched the Ascend Portfolio Loss Forecaster™, a new tool that uses Experian’s comprehensive data along with up-to-date macroeconomic......
Analytics Fintech Lending News

Capstack Technologies Expands Product Suite with Analytics and Loan Servicing

Business Wire
by Business Wire0
Two expanded products enhance Capstack Technologies’s ability to provide financial institutions with access to liquidity and diversification, all in one platform Capstack Technologies Inc. (“Capstack”) announced the expansion of its product suite with Capstack Analytics and Capstack Loan Servicing. The expansion makes it even easier for bank leaders to confidently......
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