Recent Headlines
Within Small Business Lending
JF2 Capital Invests in High Growth Dallas Start Up
JF2 Capital Partners (JF2), a Dallas, Texas venture capital firm, today announced it has made a growth capital investment in Dallas-based Selery, a unique one-stop shop logistics provider for small to medium eCommerce businesses. Selery specializes in inventory fulfillment and warehousing for... - November 13, 2017 - JF2 Capital Partners
Mars Bank Wins Bankers Challenge Prize Donated to Community Health Clinic of Butler County
Mars Bank won the 2017 Bankers Challenge Golf Challenge organized by the Butler County Tourism & Convention Bureau. The winning Bank names a charitable organization to receive the winnings from the tournament; Mars Bank represented the Community Health Clinic of Butler County. James V. Dionise,... - November 03, 2017 - Mars Bank
American Receivable Corporation Continues Relief Efforts
American Receivable Corporation is continuing relief efforts by offering special rates to businesses affected by Hurricane Harvey and extending those rates to those affected by Hurricane Irma. American Receivable has already aided eight Houston area small businesses in their recovery efforts in the... - October 17, 2017 - American Receivable Corporation
Castle Placement Named Exclusive Placement Agent for $15 Million Capital Raise for Carloha
Carloha, an innovative online used car dealer, announced today that it has engaged Castle Placement as its exclusive placement agent to raise $15 million of equity and debt capital. The new capital will be used to expand operations and increase vehicle inventory. Carloha is the dominant online... - October 13, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $5 Million Raise for New World Consumer Products
New World Consumer Products (NWCP) has created XRCEL® Athlete Fuel based on its globally patented pH and temperature responsive micro-gel technology platform. XRCEL® Athlete Fuel is the only nutrition platform that responds individually to each athlete’s body increasing and extending... - October 12, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $20 Million Equity Raise for Kapitall
Kapitall, an innovative stock trading competition platform, announced today that it has engaged Castle Placement as its exclusive placement agent to raise $20 million of equity. Proceeds will be used by Kapitall primarily to develop a mobile app, optimize monetization strategy, and expand core... - October 12, 2017 - Castle Placement
Legursky Joins Mars Bank as Mortgage Loan Originator
Megan Legursky joined Mars Bank as a Mortgage Loan Originator. Ms. Legursky earned a Finance degree from Marshall University. She will serve customers in the Pittsburgh and northern Allegheny county communities. “We’re pleased to add Megan to our team,” said Shawn Proper, Mars... - September 30, 2017 - Mars Bank
Castle Placement Named Exclusive Placement Agent for $10 Million Raise for Dome Properties
Dome Properties, LLC. is pleased to announce that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of equity to purchase properties and build and sell homes and townhouses in downtown Raleigh. The company is led by Randy Stratton and Frank Mahan, each with a... - September 29, 2017 - Castle Placement
Mars Bank Adds Commercial Lender
Anne Davies joined Mars Bank as Vice President, Commercial Banking. She will serve Mars Bank’s commercial customers focusing on the needs of businesses in Butler and Allegheny counties. “We’re excited to add Anne to our commercial team,” said Mark Drenchko, Mars Bank Senior... - September 27, 2017 - Mars Bank
Fountainhead Commercial Capital Speeds Commercial Real Estate Loan Approvals Using AI
New Pronto system approves commercial real estate loan applications within two hours. - September 21, 2017 - Fountainhead Commercial Capital
American Receivable Corporation - Special Rates for Houston
American Receivable Corporation is now offering special rates for Houston. American Receivable is Texas Proud and is currently offering special rates to businesses in Houston needing capital to recover from Hurricane Harvey. While there is so much that still needs to be done, some of these... - September 05, 2017 - American Receivable Corporation
Maxx Builders Announces Groundbreaking for Home2Suites by Hilton
Maxx Builders announces the groundbreaking of 100 unit Home2Suites in Richmond, TX. - September 04, 2017 - Maxx Builders
Castle Placement Named Exclusive Placement Agent for $5 Million Raise for Stashbox
Stashbox, a specialty provider of financial services to underbanked consumers, announced today that it has engaged Castle Placement as its exclusive placement agent to raise $5 million of equity for marketing, cash kiosk expansion, strategic alliances, and staffing. Stashbox provides a new and... - September 02, 2017 - Castle Placement
Maxx Builders Named to 2017 Inc. 5000 Fastest Growing Companies
Maxx Builders Ranks No. 1,800 on the 2017 Inc. 5000 with Three-Year Sales Growth of 215% - August 28, 2017 - Maxx Builders
Private Bank of Buckhead & Decatur Adds Shanita Hall as New Treasury Management Officer
Private Bank of Buckhead, a division of National Bank of Commerce, which also includes Private Bank of Decatur and PrivatePlus Mortgage, has named Shanita Hall, CTP, as Vice President and Treasury Management Sales Officer. www.PrivateBankOfBuckhead.com - August 17, 2017 - Private Bank of Buckhead
Sciullo Joins Mars Bank
Wendy Sciullo joined Mars Bank as Assistant Vice President, Manager, Penn Township Banking Center. Ms. Sciullo has 15 years of experience in the financial industry. She will serve customers in the Butler area focusing on consumer and small business relationships. “Wendy brings expertise as a... - August 01, 2017 - Mars Bank
Castle Placement Named Exclusive Placement Agent for $25 Million Raise for Visionary Vehicles
Visionary Vehicles, Inc. (“Visionary”) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $25 million of equity. Proceeds will be used by Visionary primarily to fund product development and for preparation of the launch of the Bricklin 3EV, an... - July 30, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $65 Million Raise for Energy Producers
Energy Producers, Inc. (EPI) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $65 million of capital to lease 8,000 acres in Crockett County, TX (Midlin Basin) for oil and gas drilling and development. This opportunity represents the largest estimated... - July 28, 2017 - Castle Placement
DRI Fund ("DRI") Announces Success of Loan Origination Program Focused on Providing Financing to Underserved Communities
DRI Fund provides direct financing to those most in need through its affordable housing initiatives in low and moderate income areas. - July 27, 2017 - DRI Fund
Fountainhead Commercial Capital Finances Over $25 Million in Commercial Real Estate in Second Quarter of 2017
Nonbank commercial lender finances over $43 million in first half of 2017. - July 27, 2017 - Fountainhead Commercial Capital
Castle Placement Named Exclusive Placement Agent for $4 Million Raise for TruckPay
Truckpay announced today that it has engaged Castle Placement as its exclusive placement agent to raise $4 million of equity to support continued product development, staffing, sales and marketing. TruckPay is a niche enterprise software solution that efficiently manages the logistics of and... - July 19, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $25 Million Raise for CarFund
CarFund announced today that it has engaged Castle Placement as its exclusive placement agent to raise $25 million of capital. The proceeds will be used to launch CarFund’s unique online auto dealership, and fund vehicle inventory. Based in New York and Los Angeles, CarFund will use its... - July 19, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $21 Million Raise for APIAM Technologies
APIAM Technologies, Inc. (APIAM) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $21 million of capital to complete R&D, launch the product, secure supplier purchase orders and fund transaction expenses. APIAM is a cutting-edge cargo tracking... - July 19, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $25 Million Raise for Bitcoin Exchange BCause
BCause LLC announced today that it has engaged Castle Placement as its exclusive placement agent to raise as much as $25 million in equity to establish the first US-regulated Designated Contracts Market (exchange) for cryptocurrency derivatives. BCause expects to provide a solution largely absent... - July 02, 2017 - Castle Placement
American Receivable Corporation Reaches One Hundred National Bank Relationships
American Receivable Corporation is proud to announce over one hundred bank relationships nationwide. Over the last 38 years, American Receivable has paved the way for bankers and factoring companies to work together to strengthening the cash flow and success of small to medium businesses. In the... - June 27, 2017 - American Receivable Corporation
Castle Placement Named Exclusive Placement Agent for $20 Million Raise for Bankrupt Debt Acquisitions
Bankrupt Debt Acquisitions (“BK”) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $20 million of capital. Proceeds will be used by BK primarily to fund its growing pipeline of bankrupt debt purchase opportunities. BK is an industry leader... - June 23, 2017 - Castle Placement
Leadership Change for Private Bank of Buckhead
Veteran Banker Robert B. Aland takes on role of President; founding President Crawford embraces new challenge in Philadelphia - June 21, 2017 - Private Bank of Buckhead
Ferratum Bank Partners with Innovative Assessments to Promote Financial Inclusion
Ferratum Bank p.l.c. has signed a partnership agreement with Innovative Assessments International, Ltd. that will promote greater financial inclusion by helping extend more credit to Ferratum’s clients. - June 05, 2017 - Innovative Assessments
Mars National Bancorp, Inc. Elects New Board Officers
Mars National Bancorp elected new board officers to fill the vacated positions of Dallas C. Hipple (retiring as Chairman) and R. Bruce Mensch (retiring as Secretary). Janet L. van Buskirk Balentine was elected Chairman. Board member J. Jay Their was elected Vice Chairman. In addition, Michael J. Kirk, was elected Secretary. - June 03, 2017 - Mars Bank
Cornerstone Financial Corporation Completes 10 - 1 Reverse Stock Split
Cornerstone Financial Corporation (OTC “CFIC” and “CFICD”), the holding company for Cornerstone Bank, announced that effective today, the company finalized a 10 - 1 Reverse Stock Split. As a result, the Company’s stockholders will receive one new share of the... - May 31, 2017 - Cornerstone Financial Corp
Castle Placement Named Exclusive Agent - $1 Billion Capital Raise - Long Beach Development
Los Angeles development firm Iron Hedge Holdings announced today that it has engaged Castle Placement as its exclusive placement agent to raise $1 billion of debt and equity capital to complete the development of Golden Shore, a mixed-use commercial real estate project on the waterfront in downtown... - May 25, 2017 - Castle Placement
Castle Placement Named Exclusive Agent - $10 Million Capital Raise - Virtual Receptionist Technology
Virtual Communications Corporation (VCC) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of capital. Proceeds will be used by VCC to further develop, market and expand its patented virtual receptionist technology business. VCC's main product is Alice Virtual Receptionist. - May 25, 2017 - Castle Placement
Successful Capital Raise by Tieback Realty Capital
Tieback Realty Capital, Inc. is pleased to announce that it has received an equity investment from SDMJR, LLC, led by prominent commercial real estate investor Eugene Rosenfeld, affiliated investors, and management. Castle Placement is the exclusive placement agent for Tieback. Tieback is a fix... - May 21, 2017 - Castle Placement
American Receivable Corporation Remains #1 for Third Consecutive Year
For the third consecutive year, Top Ten Reviews has ranked American Receivable as the #1 factoring company in the U.S. American Receivable was one of the first factoring companies in the DFW metroplex, and for the last 39 years, American Receivable has provided cash flow solutions to businesses... - May 17, 2017 - American Receivable Corporation
Cornerstone Bank, Moorestown, New Jersey Announces Termination of Regulatory Order
Announcement of Lifting of Regulatory Order - May 12, 2017 - Cornerstone Financial Corp
Real Estate Solution Raising $50 Million of Capital
Real Estate Solution Home Sellers (RES) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $50 million of capital. Proceeds will be used to grow the platform. RES is a fix-and-flip single family residential platform that acquires, rehabilitates and sells... - May 12, 2017 - Castle Placement
Cornerstone Financial Corporation Announces 10 - 1 Reverse Stock Split
CFIC is announcing a reverse stock split. - May 10, 2017 - Cornerstone Financial Corp
American Receivable Corporation Announces Record Month for New Factoring Clients
American Receivable is excited to announce its biggest month of 2017. ARC welcomed twelve new clients for the month of April. April’s new clients include: - A Mesquite, TX environmental contracting company - A Williston, ND based oilfield maintenance company - A Richardson, TX telecom... - May 05, 2017 - American Receivable Corporation
Mars National Bancorp, Inc. Announces New Board of Directors
Shareholders of Mars National Bancorp elected three new board members along with seven incumbent directors at the annual meeting held April 18, 2017. The three new directors elected were Michael K. Bechtold, Executive Vice President of Brayman Construction Corporation; Gregory B. Mensch, Executive... - May 05, 2017 - Mars Bank
CogniFrame Launches Credit Rating Solution for Businesses Who Offer Credit Terms
The machine learning based alternative to traditional credit decisioning. Adaptive Learning, Dynamic Rating, Easy to Use, Analytics, Free 30 day trial. - April 12, 2017 - CogniFrame Inc
Private Bank of Buckhead Adds Seasoned Financial Pro Joe Polofsky to Lending Team
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has named Joe Polofsky as a Vice President and Relationship Manager. He was previously a Vice President and Mortgage Banker with PrivatePlus. “Joe is professional, experienced, knowledgeable and very... - April 06, 2017 - Private Bank of Buckhead
Financial Institution Announces New Business Funding Training Course
Training course targets entrepreneurs seeking to learn how use own capital when lending to small businesses. - March 28, 2017 - Athens Capital Lending LLC
VROOM Launches Spring 2017 Caravan Challenge
VROOM Caravan announces a challenge to start-ups seeking investment in Monaco. Finalists are invited to VROOM Summit to pitch to investors April 27, 2017. - March 23, 2017 - VROOM
Castle Placement Named Exclusive Placement Agent - $10 Million Raise - The Intelligence Community
The Intelligence Community Inc. (TIC) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of equity. Proceeds will be used for research and development, technology acquisition and management team expansion. Founded as an online community in... - March 19, 2017 - Castle Placement
My Franchise USA Expands Its Services to Serve E-2 Investors
My Franchise USA offers now business consulting to start a new business in the US, adding businesses for sale in addition to franchises. My Franchise USA provides support for business due diligence and the immigration process to E-2 investors. - March 09, 2017 - My Franchise USA
Castle Placement Named Exclusive Placement Agent for $13 Million Equity Raise for Spyeye Technologies Inc.
Spyeye Technologies Inc. announced today that it has engaged Castle Placement as its exclusive placement agent to raise $13 million of equity capital. Based in San Diego and Silicon Valley, Spyeye sells a breakthrough patented (issued) hand-held camera that sees into and through walls, clothing,... - March 05, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $10 Million Equity Raise for Dedicated Funding
Dedicated Funding, LLC (Dedicated) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of capital. Proceeds will be used to fund working capital and Dedicated’s equipment portfolio. Dedicated provides equipment leasing solutions for many... - March 05, 2017 - Castle Placement
Mars National Bank Sponsors Free First Time Homebuyer Event Attendees to Learn About Grants Towards Down Payments
Mars National Bank is sponsoring a First Time Homebuyer Event on Saturday, March 11, 2017 from 9:00am - Noon at the DoubleTree Cranberry 910 Sheraton Drive, Mars, Pennsylvania, 16046. - February 15, 2017 - Mars Bank
Castle Placement Named Exclusive Placement Agent for $7.5 Million Equity Capital Raise for Vitel Global
Vitel Global Communications announced today that it has engaged Castle Placement as its exclusive placement agent to raise $7.5 million of capital. Proceeds will be used to expand Vitel’s VoIP business and develop its IPTV business for Vitel’s business and residential customers in the... - February 15, 2017 - Castle Placement
Konnect Financial Launches Merchant Cash Advance Financial Product
To tap the potential of the huge market of unsecured business loans, Konnect Financial has come up with a unique financial product called as Merchant Cash Advance. According to the Financial Expert of the company, this product aims to be a flexible as well as a convenient means of raising extra... - February 14, 2017 - Konnect Financial