Tag : Finance business

CIT Provides $28.2 Million in Financing for California Apartment Complex Development
Finance News

CIT Provides $28.2 Million in Financing for California Apartment Complex Development

Fintech News Desk
CIT Group Inc. announced that its Real Estate Finance business provided $28.2 million in financing for construction of the Via Del Lago apartments in the Moreno Valley region of Greater Los Angeles. Via Del Lago is planned as a 135-unit multifamily apartment complex in the attractive Rancho Belago real estate submarket. Amenities in the complex will include a swimming......
MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing
Digital Payments Fintech News

MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing

Fintech News Desk
MoneyGram International, Inc. is announcing that it has prepaid $100 million of principal balance under its Second Lien Credit Agreement, dated as of June 26, 2019, with Bank of America, N.A., as administrative agent, the financial institutions party thereto as lenders and the other agents party thereto. MoneyGram also paid a required $4 million prepayment call......
WSGF Confirms Vaycaychella App Launch Kickoff This Friday
Finance Fintech News

WSGF Confirms Vaycaychella App Launch Kickoff This Friday

Fintech News Desk
World Series of Golf, Inc. confirmed it will begin the rollout of its Peer to Peer (P2P), Fintech, Alternative Short-Term Rental Purchase Finance Application (App), called Vaycaychella, this coming Friday, May 21, 2021. “We are very excited about the upcoming launch and even more enthusiastic that our launch is happening......
Fintech News

HHPF, Inc. appoints industry leader Input 1 to help grow their Premium Finance Business

Fintech News Desk
HHPF, Inc., based in New York, NY, announced today that it has selected Input 1, the leading provider of digital billing and payment solutions to the insurance industry, to be their premium finance technology partner. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers HHPF, Inc. conducted a systematic......
Westpac Group sells Strategic Alliances (“Vendor Finance”) business
Business Fintech News

Westpac Group sells Strategic Alliances (“Vendor Finance”) business

Fintech News Desk
Westpac Group has announced that it has entered into an agreement for the sale of its Vendor Finance business to Angle Finance, a portfolio company of Cerberus Capital Management, L.P. Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s JazzCash Vendor Finance supports third parties to fund small ticket......
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