Babel Finance completes 2-yr Mark to Market Cross Cryptocurrency Swap
March 28, 20224 min
The long-term swap improves liquidity in cryptocurrency debt market
AlphaFlow and the AAPL Announce Strategic Partnership
March 28, 20224 min
AlphaFlow and the American Association of Private Lenders (“AAPL”) today announced a partnership to help lenders grow their businesses and the private lending industry. AlphaFlow, the leading technology platform for institutional investment in real estate debt, has worked closely with AAPL over the last six years at the association’s annual conference. Today’s announcement expands the partnership to a continuous year-round commitment to serve the private lending industry. “Advocacy requires more than thought leadership,” said Ray Sturm,...
Toorak Capital Partners closes TRK 2022-1 & TRK 2022-INV1
March 15, 20224 min
Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to the residential real estate lending industry, today announced the successful closing of TRK 2022-1, a $285 million securitization of residential bridge loans, following the closing of TRK 2022-INV1, a $363 million securitization of DSCR loans last month. Toorak’s securitizations received investor demand despite a volatile and oversupplied market. To date, the company has issued $2.7+ billion in securitizations across nine deals, including six revolving transactions backed...
Movement Bank Expands Regional Footprint
January 17, 20223 min
Movement Bank is pleased to announce the opening of its new branch in Randleman, North Carolina. The new location expands its footprint in the region and marks a significant milestone as Movement continues to invest in providing access to financial services in underserved communities. The launch is the third among the bank’s growing network of community-based branches and aims to meet the region’s increasing demands for personal and commercial banking. Movement Bank offers everyday consumer financial...
Salem Five Bank Transitions to Baker Hill NextGen®
November 2, 20215 min
Through the partnership expansion, Salem Five Bank will gain new efficiencies in small business and commercial lending with Baker Hill NextGen® Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Salem Five Bank. The bank has upgraded to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio monitoring. Salem Five is a highly regarded community savings bank founded in...
Hodlnaut Launches Brand-New Android Application
October 28, 20213 min
Hodlnaut's hotly-anticipated android application allows android users to deposit and withdraw cryptocurrency anytime, anywhere
LMN Introduces New Lending Platform LMN Lend with new features
October 6, 20216 min
Landscape Management Network (LMN), North America’s leading B2B landscape business management software company, today announced its 21.10 Product Update, the most significant update in recent years, featuring more than a dozen new highlights including LMN Lend, the software system’s new online financing platform to help landscapers gain access to capital to grow their business. LMN Lend provides landscaping business owners across North America the ability to apply and obtain funding for investments to expand their book of business for needed...
MeridianLink Reports Second Quarter 2021 Results
September 8, 20218 min
Revenue of $68.5 million grows 38% year-over-year
Digital lending offering gives shoppers longer loan term options as e-commerce rises Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. (NYSE: ALLY), now offers its financing on retail payments platform Sezzle. The first integration of its type for Sezzle – select shoppers can now choose to pay over time using Ally’s longer-term, fixed-rate installment loans or Sezzle’s buy-now-pay-later, installment offerings. Ally’s financing extends to purchases up to $40,000 with 3-60-month terms. The launch...
DBL Digital Unveils Bitcoin Managed Account Program, Offers New Cryptocurrency Investment Option
March 17, 20203 min
DBL Digital, a division of DrawBridge Lending, a CPO and CTA with a market and credit based approach to digital asset investing and lending, announced the release of its Bitcoin Managed Account Program (MAP) for individual and institutional investors. The Bitcoin MAP produces enhanced yield within a separately managed account utilizing long bitcoin futures with an option overlay. The program provides investors with exposure to the Crypto market in a risk-mitigated fashion, although virtual currency...