Search Results for: loans

Centerspace Improves And Extends Credit Line; Repays Bank Loans
Banking Finance News

Centerspace Improves And Extends Credit Line; Repays Bank Loans

Fintech News Desk
by Fintech News Desk0
Centerspace announced that it has amended and extended its existing $250 million revolving credit facility. The new facility includes an accordion feature for up to $400 million and matures in September 2025 with two optional six-month extensions. In addition to the new line of credit, the existing bank term loans totaling $145 million were repaid in full......
Celsius Lowers Crypto Stablecoin Loans To $100
Cryptocurrency Digital Asset Management Fintech News

Celsius Lowers Crypto Stablecoin Loans To $100

Fintech News Desk
by Fintech News Desk0
Celsius customers can use 40+ cryptocurrencies as collateral to get a 1% APR loan starting at $100 Celsius, the leading global cryptocurrency earning and borrowing platform, announced that borrowers in supported locations can now request stablecoin loans against their digital assets starting at $100, making Celsius one of the most......
Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities
Finance News

Live Oak Bank Surpasses $1 Billion in Renewable Energy Loans to Support Rural Communities

Fintech News Desk
by Fintech News Desk0
Live Oak Bank has reached a milestone in providing more than $1.2 billion in renewable energy financing for solar and bioenergy projects in rural communities nationwide. Live Oak is the largest U.S. Department of Agriculture (USDA) lender in the country, according to 2020 data from the USDA, and made its first......
LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans
Banking Finance Fintech News

LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from the third Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The first report found that the majority of Americans (54 percent) are living paycheck-to-paycheck; the second edition examined regional differences and found that Americans living in......
Alterra Home Loans Promotes Marc Hernandez to President
Banking Mortgage News

Alterra Home Loans Promotes Marc Hernandez to President

Fintech News Desk
by Fintech News Desk0
Alterra Home Loans LLC, an independent mortgage bank headquartered in Nevada, announced it has promoted Marc Hernandez to president following his leadership and contributions as Alterra’s executive vice president of retail lending. Hernandez, who was appointed to the role by previous President and Co-Founder Jason Madiedo, will be responsible for sales, operations, and......
Demand For Crypto-Backed Loans Surges By Over 200%
Cryptocurrency Featured Investments News

Demand For Crypto-Backed Loans Surges By Over 200%

Fintech News Desk
by Fintech News Desk0
Nebeus crypto start-up reports a three-fold increase in crypto-backed loans issued since the start of 2021 vs. all of 2020. The average loan size has increased by over 500% Nebeus app launches as seven new cryptocurrencies are added to the platform: USDT, USDC, DASH, Litecoin, Ripple, Stellar, and Bitcoin Cash.......
Celsius Launches Crypto-Backed Loans in California at 0% APR
Cryptocurrency Fintech News

Celsius Launches Crypto-Backed Loans in California at 0% APR

Fintech News Desk
by Fintech News Desk0
Celsius is now a licensed finance lender in California offering USD and stablecoin loans for 39 cryptocurrencies Celsius, the leading global cryptocurrency earning and borrowing platform, announced the opening of its retail-lending services to customers in California. Earlier this month, Celsius received its Finance Lender license in California, enabling the company......
Idea Financial Announces The Promotion Of Sean Hritz To Vice President Of Credit And Risk; Expansion Of Small Business Loans Up To 36 Months In Length
Finance News

Idea Financial Announces The Promotion Of Sean Hritz To Vice President Of Credit And Risk; Expansion Of Small Business Loans Up To 36 Months In Length

Fintech News Desk
by Fintech News Desk0
Idea Financial, a leading provider of small business lending solutions, has announced the promotion of Sean Hritz to Vice President of Credit and Risk. In addition, Idea Financial will now offer lines of credit and term loans up to 36 months. Sean Hritz joined the company in 2018 as Director of Underwriting and,......
LendingHome Closes $388 Million Securitization of Residential Transition Loans
Banking News

LendingHome Closes $388 Million Securitization of Residential Transition Loans

Fintech News Desk
by Fintech News Desk0
The securities transaction is the lender’s largest ever LendingHome, one of the nation’s largest lenders to real estate investors, announced the successful closing of a $388 million revolving securitization of unrated residential transition loans. The transaction marked the 6th broadly syndicated securitization transaction sponsored by LendingHome since the company began sponsoring revolving securitizations......
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