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Within Small Business Lending
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
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 Working Capital Loans to Resolve Short Term Cash Flow Problem
Konnect Financial has added a new product to its catalog called as Working Capital Loan which aims to support the daily cash flow issue in a company. According to the CEO of the company, there are several instances when the funds are required only for a short duration of time as the pending... - February 14, 2017 - Konnect Financial
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
Konnect Financials Introduces Bridging Loan in Its Catalog of Financial Products
Witnessing the market for short-term and urgent loans to balance the cash liquidity, Konnect Financials has come up with a new financial loan product called as Bridging Loan. As per the company’s spokesperson, bridging loan is a tool to keep business moving by catering to the scarcity of... - February 13, 2017 - Konnect Financial
Konnect Financial Extends Its Catalog of Funding with Unsecured Business Loans
After tasting success in the market, Konnect Financial has included unsecured business loans in its catalog of financial service for its clients. Within a week of the launch of this financial service, the company has received numerous applications for the unsecured business loan funding and the... - February 13, 2017 - Konnect Financial
Konnect Financial Wins Award for the Best Financial House in the Summit
Konnect Financial bags the award of the "Best Financial House" in the summit held in Colorado last week. Over 500 financial institutions including various prestigious banks had participated in the summit. Out of the various financial institutions that got nominated for the award, Konnect... - February 13, 2017 - Konnect Financial
Fountainhead Commercial Capital Finishes 2016 on High Note
Nonbank lender funds $68.9MM in total project costs across 10 different states. - January 17, 2017 - Fountainhead Commercial Capital
Shetler Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Nicolina “Nikki” Shetler joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Shetler has 16 years banking experience focused on real estate lending. She will be responsible for developing and managing client relationships, particularly in Indiana and... - December 07, 2016 - Mars Bank
Credissimo is the First Company in the World to Launch a Chatbot Service for Online Consumer Loans
The European fintech company Credissimo is the first company in the world to launch a chatbot service for online consumer loans. Over the last weeks, world leaders in the financial sector, such as Bank of America and MasterCard, have launched chatbot services in similar areas. - December 02, 2016 - Credissimo AD
Fountainhead Commercial Capital Closes $23.52MM in Total Projects During Third Quarter of 2016
Nonbank lender continues offering business owners lower down payment and longer terms for commercial loans. - November 10, 2016 - Fountainhead Commercial Capital
Mars National Bank Provides Financial Literacy Program to Mars Area and Pine-Richland High Schools
The 2016 – 17 school year will see a new financial literacy resource available to Mars Area and Pine-Richland, PA High School students. The online curriculum is sponsored by Mars National Bank and is called the “myMNB Financial Literacy Program.” Mars National Bank is partnering with EverFi, Inc. to bring the program to local students at no cost to the schools or taxpayers. - November 03, 2016 - Mars Bank
TransMark Funding Announces New EZ Approval Periodic Merchant Cash Advance Program
TransMark Funding announces new EZ Approval program to the MCA industry, for those hard to fund deals. - August 22, 2016 - TransMark Funding, LLC
Private Bank of Buckhead Included in Inc. 5000
Inc. magazine includes Private Bank of Buckhead (and its Private Bank of Decatur and PrivatePlus Mortgage divisions) on its 35th annual Inc. 5000, which recognizes the nation's fastest-growing private companies. Companies such as Microsoft, Dell, Pandora, Timberland, LinkedIn and Yelp are Inc. 5000... - August 19, 2016 - Private Bank of Buckhead
Fountainhead Commercial Capital Finances $8.1 Million Acquisition for 24 Carrots Restaurant Group
Top Catering Company to Move Headquarters to Updated Facility in Costa Mesa - August 10, 2016 - Fountainhead Commercial Capital
Mars National Bank’s Dionise Serves as Second Vice Chair and Director of PA Bankers Association
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pennsylvania Bankers Association’s (PA Bankers) Board of Directors. Beginning July 1, 2016, Dionise is also serving as Second Vice Chair; this begins a four-year commitment which cycles through... - August 06, 2016 - Mars Bank
Mobilization Capital Launches Financing Program for Government Contractors
Details of a new lending program offered by Mobilization Capital that will help contractors to execute on government contracts. - August 05, 2016 - Mobilization Capital Gov Contracting LLC
Obduro Capital Closes $1,500,000 Non-Recourse Loan on Florida Retail Property
Obduro Capital Arranges $1,500,000 Conventional Mortgage for Purchase of Advance Auto Property in Florida - August 03, 2016 - Obduro Capital LLC
Clear Tax Provides Critical Defense Against IRS Scrutiny
Business owners and other management now have access to a tool that can determine their risk of an IRS audit. - July 30, 2016 - Clear Tax
Fountainhead Commercial Capital Finances $4.3 Office/Warehouse in Rancho Dominguez, CA
Wholesaler of High Tech Packaging and Shipping Materials, Pacific Capro Industries Relocates Headquarters - July 29, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances $6.7 Million Hotel Purchase Near Denver
Fountainhead Commercial Capital announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver. - July 22, 2016 - Fountainhead Commercial Capital
AJC Decatur Book Festival, Bank Establish Prize Honoring Judy Turner
Private Bank of Decatur providing seed money to honor Judy Turner, who recently retired after 51 years in banking; AJC Decatur Book Festival to make award annually. - July 06, 2016 - Private Bank of Buckhead
Mark Weber Joins Private Bank of Buckhead & Decatur
Construction lending pro will split his time between the Buckhead and Decatur locations, serving clients across Metro Atlanta. - July 06, 2016 - Private Bank of Buckhead
Hopper Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Deborah A. Hopper joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Hopper has over 13 years of banking experience, including retail management and loan origination. She will be responsible for developing and managing client relationships, particularly focusing on Butler... - June 30, 2016 - Mars Bank
Mars National Bank’s Drenchko Appointed to Banking Advisory Committee
Mark Drenchko, Senior Vice President, Commercial and Retail Banking of Mars National Bank was appointed to the Pennsylvania Bankers Association’s Advisory Committee for the PA Bankers School of Commercial Banking. The Committee is responsible for reviewing the operational aspects of the... - June 28, 2016 - Mars Bank
Maura A. Mckenna Joins Private Bank of Buckhead Team
Based in Buckhead, the veteran banker serves clients across the metro area. - June 08, 2016 - Private Bank of Buckhead
Private Bank of Buckhead Adds Portfolio Manager Gregory Shakes
Private Bank of Buckhead has named Gregory Shakes as Vice President and Portfolio Manager. Throughout his career, Shakes has worked at several top-tier financial institutions and possesses knowledge in many areas including diversified commercial banking, corporate finance, middle-market banking, asset-based lending, commercial real estate and private wealth management. - May 24, 2016 - Private Bank of Buckhead
Mars National Bank Receives Recognition Award for 115 Charter Anniversary
Mars National Bank celebrated their 115-year charter anniversary at the Pennsylvania Bankers Association (PA Bankers) Group 8 meeting held on April 12 at the Pittsburgh Marriott North, Cranberry Township. PA Bankers recognizes member charter anniversaries every five years from the date of that... - May 24, 2016 - Mars Bank
Paragon Reports Most Profitable Quarter in Bank History
Paragon Bank (OTCBB: PGNN.OB) today reported that the first quarter of 2016 was the most profitable in the bank's more than 10-year history. Total revenue increased to $4.2 million, which compares to the previous record of $3.5 million during the fourth quarter of 2015, and is an increase of 19%. - May 21, 2016 - Paragon Bank
Private Bank of Buckhead Adds Dillon Mulkey as Personal Banker
Private Bank of Buckhead has named Dillon Mulkey a Personal Banker. Says he enjoys being able to tailor service to each client. - May 20, 2016 - Private Bank of Buckhead
Mars National Bank’s Dionise Serves on CLO Board
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pittsburgh CLO Board of Directors. “I am excited to be involved with Pittsburgh CLO. They have a long and rich history in the region and continue to expand their impact,” said Jim Dionise,... - May 17, 2016 - Mars Bank
Fountainhead Commercial Capital Secures $23 Million for Small Business Lending
Setting Stage to Become Nation's Largest SBA 504 Lender. - May 12, 2016 - Fountainhead Commercial Capital
Mars National Bank and First Front Door Helps First Time Homebuyers
Mars National Bank is again promoting the Federal Home Loan Bank Pittsburgh’s (FHLBank) program for first time homebuyers called “First Front Door.” The program supports first time homebuyers through down payment and closing cost assistance. Through First Front Door (FFD),... - May 03, 2016 - Mars Bank
Indian Lawyer's Social Enterprise, OptiMrkt to Bring Financial Inclusion for the Under-served in India
Chenoy Ceil, a corporate lawyer from India, studying for an MBA at the University of Tampa, Florida has made it to the last 30 in the Hult Prize competition with a chance to win $1 million. OptiMrkt brings financial inclusion for the under-served in India. - April 28, 2016 - OptiMrkt
Private Bank of Buckhead: Largest Growth and Profitability in Bank’s History
At its annual meeting April 21, shareholders of Private Bancshares, the parent company of Private Bank of Buckhead, Private Bank of Decatur and PrivatePlus Mortgage heard from President, CEO and Chairman Charlie Crawford, who noted the largest growth and profitability in the bank's history. - April 26, 2016 - Private Bank of Buckhead
Banking Veteran Judy Turner Retires from Private Bank of Decatur May 31
Banking veteran Judy Turner retires May 31; her colleague Brent Adams named new President of Private Bank of Decatur. - April 14, 2016 - Private Bank of Buckhead
Private Bank of Buckhead: Welma Baer Receives Chairman’s Award
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, recently recognized Welma Baer with its Chairman’s award. - April 10, 2016 - Private Bank of Buckhead
Record-Setting Quarter for SBA 504 Lender
Mercantile Capital Corporation reports record-setting $88 million in SBA 504 loans during Q1 2016. - April 06, 2016 - Mercantile Capital Corporation
Prism Analytical Technologies Raises $1.8M to Change the Face of Analytical Instrumentation Used in the Field and Laboratory
Hyde Park Angels led the round with participation from Grand Angels. - March 30, 2016 - Hyde Park Angels
Bay State Cable Ties CEO and Founder Robert Sires is Appointed to University of West Florida Board of Trustees by FL Governor Rick Scott
Bay State Cable Ties, America’s leading manufacturer of nylon cable ties, is proud to announce that CEO and Founder Robert Sires has been appointed to the Board of Trustees of the University of West Florida by Florida Governor Rick Scott. Sires succeeds Garrett Walton for a five-year term... - March 27, 2016 - Bay State Cable Ties
Obduro Capital Closes $1,265,000 SBA 7(a) Loan on Ohio Medical Office Property
Obduro Capital Arranges $1,265,0000 SBA Loan for Purchase of Dentist Office Property in Ohio - March 26, 2016 - Obduro Capital LLC
Hein Named Mars National Bank’s Senior Vice President, Finance
James M. Hein was named Senior Vice President, Finance of Mars National Bank. He now oversees the finance, deposit and technology operations activities at the Bank. Mr. Hein joined Mars National Bank as Vice President, Controller in 2010. - March 22, 2016 - Mars Bank
Paragon Bank Appoints Senior Vice President, Specialty Lending
Paragon Bank (OTCBB: PGNN.OB) has hired Thomas "Tee" Shipmon as Senior Vice President of Specialty Lending. Shipmon will report to Robert Shaw, Chief Executive Officer at Paragon Bank, and will work out of the office at 5400 Poplar Avenue. "We are excited to add a team member with... - March 18, 2016 - Paragon Small Business Capital Group
Paragon Small Business Capital Group Appoints Small Business Administration Closer
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), has appointed Irene Marin as Small Business Administration Closer. Marin will report to Daniel Vo, Vice President of the Paragon Small Business Capital Group. "With over 30 years of experience in banking, Marin... - March 16, 2016 - Paragon Small Business Capital Group
Private Bank of Buckhead Adds Another Ambassador
Renee Weese of Minerva Planning Group has joined the Board of Advisors for Private Bank of Buckhead. - March 15, 2016 - Private Bank of Buckhead
Fountainhead Commercial Capital Finances $29 Million in Real Estate in First Year
Despite Launching Mid-Year, Company Ranked Among Top 40 SBA 504 Lenders in Fiscal 2015. - March 10, 2016 - Fountainhead Commercial Capital
Paragon Small Business Capital Group Obtains Preferred Lenders Program Status
Paragon Small Business Capital Group, a division of Paragon Bank (OTCBB: PGNN.OB), today announced it received Preferred Lenders Program (PLP) status, allowing the company to approve loans guaranteed by the U.S. Small Business Administration (SBA). This program provides businesses access to loans... - March 03, 2016 - Paragon Bank
Obduro Capital Closes $920,000 Loan on North Carolina Multifamily Property
Obduro Capital Arranges Acquisition of Apartment Complex in Central North Carolina. - March 03, 2016 - Obduro Capital LLC
Obduro Capital Closes $2,175,000 SBA 7(a) Loan on Pennsylvania Ag Production Facility
Obduro Capital Arranges $2,175,000 SBA Loan for Expansion of Greenhouse Production in Pennsylvania - February 28, 2016 - Obduro Capital LLC