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News Stories (14 Results) - Alternative Financing

CAN Capital Inc., a technology-driven small business specialty finance company, announced the appointment of Edward J. Siciliano as Chief Executive Officer. Siciliano brings over 30 years of experience in commercial financing, sales, marketing and... Read Story
January 09, 2019, 07:30 AM

Lending Club announced that financial services veteran Thomas W. Casey will join as Chief Financial Officer, effective September 19, 2016.Casey joins Lending Club with extensive experience and strategic perspective across the entire range of... Read Story
September 13, 2016, 07:01 AM

CAN Capital and Entrepreneur Media, Inc., publisher of Entrepreneur magazine and, announced the official launch of an exclusive funding center that will allow small businesses access to a range of flexible funding products designed... Read Story
August 17, 2016, 07:15 AM

Metropolitan Equity Partners (“Metropolitan”) announced it has invested $20M in Bizfi.This investment represents an increase from the $65M financing of the Company in December. This round of financing will enable Bizfi to: Expand its suite of... Read Story
June 30, 2016, 07:00 AM

OnDeck®, announced that Daniel S. Henson was elected to its Board of Directors effective June 2, 2016. Mr. Henson brings nearly 30 years of experience from General Electric Company (GE), where he held a variety of senior positions at GE and General... Read Story
June 07, 2016, 07:06 AM

Avidia Bank announced the launch of Commercial Lending Center™, a new online business loan application portal. Commercial Lending Center is the simple and secure way to help businesses get quick and convenient access to loans online. Business loan... Read Story
May 23, 2016, 07:05 AM

Bizfi announced it originated more than $144 million in financing to 3,605 small businesses in the first quarter of 2016. This is a record in originations for any one quarter, resulting in a 49 percent year-over-year increase over the $96 million... Read Story
May 18, 2016, 07:14 AM

The U.S. Treasury Department issued a white paper regarding its review of the online marketplace lending industry. The white paper titled, “Opportunities and Challenges in Online Marketplace Lending,” provides an overview of what the Treasury... Read Story
May 11, 2016, 07:22 AM

Biz2Credit announced that it has partnered with Tata Capital, the flagship financial services company of the $108 billion Tata GroupThrough this partnership, Tata Capital will utilize the acquisition channels on Biz2Credit's small business lending... Read Story
April 12, 2016, 07:00 AM

Channel Partners Capital announced  a new award won for being a part of Minnesota Business magazine’s selected top 100 best companies to work for. This award recognizes Minnesota's top companies and determines which companies excel in the areas of... Read Story
March 29, 2016, 07:19 AM

36th Street Capital announced it recently funded an $8 million lease financing of mission critical equipment for a leading provider of global security services. Mark Horan, chief growth officer at 36th Street Capital explained, “The lessee was having... Read Story
March 21, 2016, 07:15 AM

Lendio and the Small Business & Entrepreneurship Council (SBE Council), a leading advocacy and education organization dedicated to promoting entrepreneurship and strong small business growth, announced a partnership designed to support the funding... Read Story
March 14, 2016, 06:57 AM

Mainspring Funding, a national distribution platform for investors and a lending connection source for small business borrowers, has released its newly enhanced platform,, designed to give borrowers and qualified investors... Read Story
February 11, 2016, 07:05 AM

To support the small business community, Merchant Cash and Capital (MCC), one of the pioneers in alternative financing, created Bizfi, a connected online marketplace designed specifically to help small businesses compare funding options from... Read Story
April 15, 2015, 07:18 AM