Tag : loan originations

Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation
Banking Fintech News

Finanta Partners With IBC Bank to Revolutionize Commercial Lending Through Digital Transformation

Business Wire
by Business Wire0
IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a......
LendingPoint Closes $900 Million Committed Forward Flow Program
Lending News

LendingPoint Closes $900 Million Committed Forward Flow Program

Business Wire
by Business Wire0
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity The financial technology platform LendingPoint, announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. “Our strategy is to stay hyper-focused on ensuring that we......
Guild Mortgage Adds High Performing Group of Loan Officers and Branch Offices in California
Mortgage News

Guild Mortgage Adds High Performing Group of Loan Officers and Branch Offices in California

Business Wire
by Business Wire0
New team of 40 includes managers, loan officers and support staff, responsible for more than $350M in annual production Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, added a new district made up of 40 new Guild employees and eight branch offices in California,......
Sachem Capital Corp. Announces New Credit Facility
Mortgage News

Sachem Capital Corp. Announces New Credit Facility

PR Newswire
by PR Newswire0
Enhances Available Capital and Liquidity to Support Growth Sachem Capital Corp., a financing company that specializes in originating, underwriting, funding, servicing, and managing a portfolio of first mortgage loans, announced the Company has entered into a $45 million revolving line of credit with Needham Bank. Mr. John Warch, Sachem Capital’s......
Westlake Portfolio Management Chosen to Service Nicholas Financial's $165 Million Loan Portfolio
Finance News

Westlake Portfolio Management Chosen to Service Nicholas Financial’s $165 Million Loan Portfolio

Fintech News Desk
by Fintech News Desk0
Westlake Portfolio Management, a loan servicer located in Los Angeles, California, announces they have entered into a servicing partnership with Nicholas Financial, an auto and consumer loan finance company based in Clearwater, Florida. “We are extremely excited about our partnership with Nicholas Financial. Nicholas has an excellent reputation in the......
Grayscale Investments Reaffirms Safety and Security of Holdings Underlying Grayscale’s Digital Asset Products
Digital Asset Management News Security

Grayscale Investments Reaffirms Safety and Security of Holdings Underlying Grayscale’s Digital Asset Products

Fintech News Desk
by Fintech News Desk0
Grayscale Investments, the world’s largest digital currency asset manager, reaffirmed that the safety and security of the holdings underlying Grayscale’s digital asset products are unaffected by recent market events and continue to operate business as usual.* Genesis Global Capital, LLC – a subsidiary of Genesis Global Trading, Inc., Grayscale’s affiliate......
Agribank Launches New Mobile Solution Provided By Oradian And Geniusto
Banking News

Agribank Launches New Mobile Solution Provided By Oradian And Geniusto

Fintech News Desk
by Fintech News Desk0
Agribusiness Rural Bank, one of the leading rural banking institutions in the Philippines, has launched an innovative new Mobile Banking App for Android and iOS designed to transform its customers’ experience. The app, which has been developed and delivered by digital banking software provider Geniusto, is secure, configurable and enables......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
Civic Financial Services Surpasses $5 Billion in Loan Originations
Finance Fintech News

Civic Financial Services Surpasses $5 Billion in Loan Originations

Fintech News Desk
by Fintech News Desk0
Private money lender hits industry milestone at record pace for business purpose loan space Civic Financial Services, a leading institutional private money lender, announced that it has surpassed $5 billion in loan originations and 12,000 funded loans since the company was founded six years ago. CIVIC funds exclusively business purpose......
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