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SoFi Seeking Financing of as Much as $1B
According to a Bloomberg report, Social Finance, Inc. is in talks with banks to secure a revolving line of credit of as much as $1 bllion after posting a second quarter loss, according to people famiar with the atter. According to the report, the loan would be a precusor to an IPO, which is expected...
Santander Selects Ridgway to Serve as Commercial Banking Lead in Dallas
Santander Bank announced that it is expanding its Commercial Banking presence in the Southwest region by naming Joanna Ridgway as its market head. As corporate market director for the Bank's Commercial Banking business in the Southwest, Joanna brings years of diverse experience in corporate and...
AloStar Capital Finance Commits $11.8MM to American-Marsh Pumps
AloStar Capital Finance successfully closed an $11.8 million committed credit facility to American-Marsh Pumps (“American-Marsh”), a global supplier and manufacturer specializing in pumping applications. “American-Marsh is pleased to establish this business partnership with AloStar. Their desire to...
Bank Leumi Announces Expansion of High Tech Team
Bank Leumi USA announced that it has hired Mario De Lecce and John Bryson to join the bank’s growing technology banking team and lead its U.S.-focused tech business, helping to expand the client base beyond tech companies with Israeli roots. De Lecce will serve as Group Head, U.S. Tech and joins...
To Lend or Not to Lend? That is the Construction Sector Question
Michael Beaver
Michael Beaver, Managing Director at Conway MacKenzie, dissects the construction industry, and what ABLs need to know...
8/15/2018 Topic: Constrution Sector
Nancy Lee, Co-Founder of ABLSoft, offers tips for implementing new software into...
Topic: Technology
Many Fintech companies fall in a regulatory gray area, capitalizing on loopholes...
Topic: fintech
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