Recent Headlines
Within Small Business Lending
Mars Bank’s Mark Drenchko Appointed to Statewide Committee
Mark Drenchko Senior Vice President, Commercial and Retail Banking at Mars Bank has been appointed to the Pennsylvania Bankers Association’s (PA Bankers) Professional Development Policy Committee. The committee directs, monitors, and approves the association’s schools, conferences and... - July 11, 2019 - Mars Bank
Silicon Prairie Investment Crowdfunding Portal Company Registers as Intrastate Broker-Dealer
Silicon Prairie Portal & Exchange (https://sppx.io), the Minnesota-based investment crowdfunding portal operator serving issuers and investors in Minnesota, Iowa, Wisconsin and Michigan along with its affiliate Silicon Prairie Online, an SEC and FINRA reporting Federal Funding Portal company... - June 17, 2019 - Silicon Prairie Portal & Exchange
National Credit Partners Helps Small Business Owners Who Are Overwhelmed with High Interest Debt
Small business owners are increasingly turning to alternative online financing as a fast way to keep their business afloat - although this money is easy to obtain, the interest rates are astronomical and the terms often predatory. That is where National Credit Partners steps in to help the over extended business owners. - May 22, 2019 - National Credit Partners
Nonprofit Lender BCL of Texas Appoints David Brennan as New Board Chair
Local non-profit economic development organization Business and Community Lenders (BCL) of Texas has appointed David Brennan of Waco, TX, as its new Board of Directors Chair. This designation comes as BCL’s retiring Chair, Andres Garza, Jr., is honored with the prestigious designation of... - May 08, 2019 - BCL of Texas
Partner Colorado Credit Union Fosters a Culture of Caring Through Leave Sharing Program
Partner Colorado Credit Union now allows employees to donate their paid time off (PTO) to fellow co-workers experiencing a crisis who do not have enough leave time of their own. Also known as leave-sharing, this employer-sponsored program enables a Partner Colorado employee with accrued time off... - May 02, 2019 - Partner Colorado Credit Union
Partner Colorado Credit Union Appoints Doug Fagan President
Sundie Seefried Remains as Chief Executive Officer. - May 02, 2019 - Partner Colorado Credit Union
Partner Colorado Credit Union Announces Record Results with Latest High-Rate CD Promotion
Part of Credit Union’s Ongoing Strategy to Attract & Retain Deposits. - April 28, 2019 - Partner Colorado Credit Union
Partner Colorado Foundation Announces Record $500K Fund
Partner Colorado Credit Union announced today that the Partner Colorado Foundation has reached the $500K mark, a milestone achieved through the generosity of the credit union and its corporate and community partners. The Partner Colorado Foundation, committed to the credit union philosophy of... - April 28, 2019 - Partner Colorado Credit Union
Deloitte and Innovative Assessments to Help Improve Credit Scoring for the Underbanked
Deloitte and Innovative Assessments have entered into an alliance that will allow banks to reliably approve more loans among traditionally underserved consumers. - April 01, 2019 - Innovative Assessments
Mars Bank Promotes Mortgage Originator to Officer Position
Mars Bank promoted Megan Legursky, a mortgage originator with the bank since 2017 to the position of Assistant Vice President, Mortgage Loan Officer. Ms. Legursky serves customers in the greater Pittsburgh area with mortgages for purchase or refinance, home equity loans, and connects customers with... - March 23, 2019 - Mars Bank
Mars Bank Promotes Two to Vice President
Mars Bank promoted Hope Pifer to Vice President, Senior Financial Analyst and Stefanie Neff to Vice President, Loan Operations Manager. Each plays an integral role in the operations of the bank. “Hope and Stefanie are part of the next generation leaders that are so critical to our... - March 23, 2019 - Mars Bank
Mars Bancorp Named to 2019 OTCQX Best 50
Mars Bancorp (OTCQX: MNBP) is pleased to announce it was named to the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Mars Bancorp is the parent company of Mars Bank. - February 22, 2019 - Mars Bank
Mars Bank, Butler Radio Team Up to Support Veterans in Need
Mars Bank and the Butler Radio Network presented a check for $3,200 to Veterans in Need of Butler County. The bank and WISR, WBUT, and 97.7 The Rock Station donated as well as raised funds at community events, the Veterans Day Parade in Butler, and at Mars Bank locations. Veterans in Need provides... - January 17, 2019 - Mars Bank
Mars Bank’s Shawn Proper Appointed to Statewide Policy Committee
Shawn R. Proper, Senior Vice President Mortgage and Consumer Lending at Mars Bank, has been appointed to the Pennsylvania Bankers Association’s (PA Bankers) Government Relations Policy Committee. - January 10, 2019 - Mars Bank
Silicon Prairie Investment Crowdfunding Portal First to Offer Self-Directed IRA Funding Option
Silicon Prairie Online (https://sppx.io), the first investment crowdfunding portal company to link blockchain based distributed ledgers under an Initial Crowd Offering model is pleased to announce the ability to invest with a Self-Directed Individual Retirement Account (SD-IRA) through an... - December 02, 2018 - Silicon Prairie Portal & Exchange
Mars Bank’s Shawn Proper Graduates from PA Bankers Leadership Institute
Shawn R. Proper, Senior Vice President Mortgage and Consumer Lending at Mars Bank, recently graduated from the Pennsylvania Bankers Association (PA Bankers) Leadership Institute. A 15-month program, the Leadership Institute features a rigorous, participation-based curriculum with assignments completed individually and as teams. The learning is immediately applicable to work situations and long-term professional growth. - November 29, 2018 - Mars Bank
Three Fire Units Win Mars Bank’s Facebook Contest; Receive Donation
As part of Mars Bank’s Step Forward campaign, three local fire units received donations from the bank for their involvement in the bank’s Step Forward for first responders Facebook contest. The Step Forward campaign was a two-month celebration of first responders, active military, and veterans. It ran from September 11 to November 11, Veterans Day. - November 23, 2018 - Mars Bank
North Star Leasing Company Selects IDScloud to Accelerate Its Equipment Finance Growth
International Decision System (IDS), a leading provider of equipment finance and origination software, announced North Star Leasing Company (NSL) has selected IDScloud to support its growing equipment leasing business. - November 14, 2018 - International Decision Systems
MoolahSense Launches M.A.I., a Blockchain-Based AI That Monitors Loans to Anticipate Delinquency, Fraud, & Default
How do you monitor your borrowers to prevent and anticipate delinquency, fraud and default while achieving consistent loan book performance? - November 07, 2018 - MoolahSense Pte Ltd
Healthy Credit Habits Now Offers Business Credit Financing Options, Which Helps Business Owners Double Their Borrowing Power and Reduce Personal Financial Risk
One of the common reasons why small businesses fail are a lack of sufficient capital (Source: Investopedia). - October 08, 2018 - Healthy Credit Habits
FundU-Growth Fund - the New Small Business Grant
FIND U FINANCE, a trading name of Channel Link Enterprises Finance PLC, has been put in charge of a new type of Government funding called the FundU-Growth Fund. The grant should lead to the expansion of existing companies and a growth in new startups. - September 07, 2018 - Channel Link Enterprises Finance PLC
SEG Funding Announces Advantage Campaign - Drives Small Business Lending Across All 50 States
Industry leading business loan specialist, SEG Funding reached a milestone with the funding of small business loans to its clients, about $700 Million and processed nearly 50,000 applications a year in SBA and Startup Business loans for its clients through its lending platform. - August 29, 2018 - SEG Funding
Popular Commercial Lending Group (PCLG) Has Formed a New Hotel Lending Division Branded Popular Hotel Finance
Popular Commercial Lending Group (PCLG) has formed a new division Popular Hotel Finance (PHF) to expand its existing hotel lending business. In 2018 PCLG and PHF have partnered with multiple secondary market investors with assets well in excess of $100 billion USD to increase hotel lending market... - August 28, 2018 - Popular Commercial Lending Group
18,920 Central Coast Small Businesses Threatened by Aging
Project Equity Data Shows Potential Losses and Opportunities with Employee Ownership - August 27, 2018 - Project Equity
National Credit Partners Cracks the Code for Business Owners
National Credit Partners provide a lifeline for over-extended business owners who are drowning in debt with their ground-breaking Business Credit Dispute Program - August 15, 2018 - National Credit Partners
Starbanco Business Finance Announces the Expansion of Its Commercial Lending Platform
Starbanco has begun the recruitment process to fill several key roles in the soon to be open offices located in Chicago, Dallas and San Francisco. - July 18, 2018 - Starbanco Business Finance
Dionese Elected Chair of PA Bankers Association
James V. Dionise, President and Chief Executive Officer of Mars Bank, was recently elected chair of the Pennsylvania Bankers Association (PA Bankers). As chair, he will lead Pennsylvania’s largest banking trade association. In this new position, Dionise will have oversight of the... - July 14, 2018 - Mars Bank
American Receivable Corporation Ranked #1
For 39 years Mr. Stieber and Mr. Gurney have grown a company that is receiving more and more recognition for being the best in class. Hiring the right people has been the key to their success. With an average tenure of over 20 years, the staff at American Receivable consistently delivers superior... - July 11, 2018 - American Receivable Corporation
Hotel Capital Acquires The Tremont Chicago Hotel at Magnificent Mile and Mike Ditka’s Restaurant
Hotel Capital recently acquired The Tremont Chicago Hotel at Magnificent Mile and Mike Ditka's Restaurant located in Chicago, IL from seller Marriott International, Inc. - June 15, 2018 - Hotel Capital, LLC
Partner Colorado Credit Union Announces Partnership with El Capitan Advisors
Partner Colorado today announced a strategic partnership with El Capitan Advisors to provide investment management services for the credit union’s membership, including its cannabis banking subsidiary, Safe Harbor Private Banking. El Capitan Advisors will provide a full suite of investment... - June 02, 2018 - Partner Colorado Credit Union
Castle Placement Named Exclusive Placement Agent for Capital Raise for Saved from Addiction
Saved from Addiction, a residential inpatient and intensive outpatient program facility in Westchester County, NY, announced today that it has engaged Castle Placement as its exclusive placement agent to raise $16 million of equity and debt to purchase a property and transform it into a high-end... - June 01, 2018 - Castle Placement
Partner Colorado Foundation Announces 2018 Seefried Award Winner and College Scholarship Recipients
A high school student from Calhan, Colorado wins the Seefried Award. Partner Colorado Credit Union Foundation announces $47,000 in scholarships to students based on accomplishments in the areas of academics, community service and extracurricular activities. - May 31, 2018 - Partner Colorado Credit Union
Mars Bank Promotes Officers
Mars Bank promotes 3 Officers. - May 17, 2018 - Mars Bank
Bryan McClaine Joins Mars as Assistant Vice President, Mortgage Originator
Bryan K. McClaine (NMLS# 1737358) joined Mars Bank as an Assistant Vice President, Mortgage Originator. He will be responsible for generating residential mortgage business in Mercer and Butler counties. “Bryan is a great addition to our mortgage team,” said Shawn R. Proper, Mars Bank... - April 20, 2018 - Mars Bank
American Receivable Acquires $50 Million to Meet Demand
American Receivable Corporation announces the acquisition of an additional $50M to meet continuing demand. Jack Stieber, President says, “We attribute much of our recent growth to being named the #1 Factoring Company in the Country by Top 10 Reviews for the last three years consecutively and... - April 17, 2018 - American Receivable Corporation
Mars Bank Adds Schoen to Head Risk Management Department
Mars Bank added Mark R. Schoen as Senior Vice President, Risk Management. Schoen has over 30 years of experience in banking, financial management, risk and compliance. He will manage Mars Bank’s risk management department and oversee risk, compliance and internal audit functions. “We... - April 14, 2018 - Mars Bank
Partner Colorado Named in 2018 "Top 200 Banks & Credit Unions in the U.S."
Partner Colorado Credit Union is named among the healthiest financial institutions in the nation, according to a Lending Tree report titled, “2018 Top 200 Credit Unions and Banks in the US,” and is ranked in the top six credit unions in Colorado. To compile the report, Lending Tree... - April 11, 2018 - Partner Colorado Credit Union
JF2 Capital Invests in Austin-Based Remedy
JF2 Capital announces 4th Investment since inception with an early stage equity investment into Austin, Texas-based Remedy. - April 05, 2018 - JF2 Capital Partners
Hotel Capital, LLC Acquires Holiday Inn Market Center in Dallas, Texas
Hotel Capital has acquired the Holiday Inn Market Center in Dallas, Texas with plans to renovate and re-brand to a Marriott Delta. - April 04, 2018 - Hotel Capital, LLC
JF2 Capital Announces Investment in USA Prime
JF2 Capital Partners (JF2), a Dallas, Texas venture capital firm, announces today it has made a growth capital investment in Dallas-based USA Prime Baseball, LLC. USA Prime is a youth and high school baseball organization that focuses on providing top tier value to players/families and elite... - March 05, 2018 - JF2 Capital Partners
Castle Placement Named Exclusive Placement Agent for $100+ Million Raise for Revitalize Energy
Revitalize Energy, an independent, technology-driven energy company based in Calgary, Canada announced today that it has engaged Castle Placement as its exclusive placement agent to raise $100+ million of equity to acquire and improve underperforming and shut-in oil and gas wells. Revitalize is an... - February 25, 2018 - Castle Placement
Trifecta Capital Provides Venture Debt to Cashify
Trifecta Capital today announced that it has provided Rs. 6 crores of venture debt to Manak Waste Management Pvt. Ltd. which owns and operates the online used phone portal Cashify.in. The funds will be used to meet the growing working capital requirements of the Company. “Our business is... - February 14, 2018 - Trifecta Capital
Fountainhead Commercial Capital Funds $93.9 Million in Commercial Real Estate in 2017
Lender grows by 36 percent, doubles revenue and creates 396 jobs. - February 08, 2018 - Fountainhead Commercial Capital
Castle Placement Named Exclusive Placement Agent for $25+ Million for Cogent Modular, LLC
Cogent Modular, LLC (“Cogent”) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $25+ million to develop its business operations and establish a stronger presence on the West Coast. Cogent manufactures prefabricated, steel-framed commercial... - February 01, 2018 - Castle Placement
Castle Placement See Resurgence in Capital Raising for Conventional E&P Companies
Castle Placement, a technologically innovative boutique investment bank, announced today that it has seen a boost in energy companies seeking capital for conventional oil and gas exploration, development and production. For the past several years, energy investors and independent operating firms... - January 31, 2018 - Castle Placement
JF2 Capital Invests in Promising Texas-Based Adient Medical
Today JF2 Capital Partners (JF2), a Dallas, Texas venture capital firm, announced its growth capital investment in Pearland, Texas-based Adient Medical. Adient’s mission is the development of absorbable medical devices with the premise that implants should be safe and efficacious during their... - January 30, 2018 - JF2 Capital Partners
Castle Placement Named Exclusive Placement Agent for $40 Million Raise for PetroMar Ships, Inc.
PetroMar Ships Inc. (PetroMar) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $40 million to acquire and operate charter tankers for major oil companies. PetroMar Ships, Inc. has been established by PetroMar Corp., a leading ship-management services... - January 25, 2018 - Castle Placement
American Receivable Launches New Website
American Receivable Corporation proudly announces the launch of their newly designed website, www.americanreceivable.com. The new website serves as a navigation portal for small businesses across America seeking cash flow assistance. The site is optimized for the end user’s technology, i.e. - January 10, 2018 - American Receivable Corporation
HealthGrowth Capital Appoints Douglas Hoey to Its Board of Advisors
Doug Hoey, CEO of the National Community Pharmacists Association, joins Board of Advisors of HealthGrowth Capital, LLC, an alternative specialty lender to independent pharmacies. - November 30, 2017 - HealthGrowth Capital, LLC
Castle Placement Named Exclusive Placement Agent for $5-50 Million Raise for Total Insurance Payments Inc.
Total Insurance Payments Inc. (TIP), the only end-to-end payments platform designed for the insurance industry, announced today that it has engaged Castle Placement as its exclusive placement agent to raise $5 million of equity to develop its business operations and onboard its first three... - November 29, 2017 - Castle Placement