Business Trading

Fintech Lender Milo Creates New Brokerage Unit to Close Credit Gap for Foreign Nationals

Milo, a venture capital-backed fintech company that provides direct mortgage solutions to foreign nationals, unveiled a new brokerage channel for wholesale mortgage partners across the United States. As noted in a press release: “With a comprehensive online lending solution, Milo brings more than 50 years of experience processing mortgages and loans to non-US citizens. The Milo loan process is completely ...

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Miami Dolphins and AmeriSave Mortgage Corporation Announce Multi-Year Partnership

Miami Gardens, Florida (August 25, 2021) – AmeriSave Mortgage Company today announced a multi-year agreement with the Miami Dolphins. The partnership, AmeriSave’s first with a professional sports organization, will allow the established and trusted direct mortgage lender to receive a premier branding at Hard Rock Stadium events, targeted social campaigning and marketing through shows from radio and team content. “We ...

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SBA Forgiveness Portal Accepts Over 340,000 Submissions, But Many Lenders Withdraw

Dive brief: The New Small Business Administration Paycheck Protection Program (PPP) Loan forgiveness portal has seen more than 340,000 submissions in the first two weeks since its launch, the agency announced last week. The SBA said it received more than triple the number of submissions as the top 10 PPP lenders that do not participate in direct forgiveness. The agency ...

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Banks withdraw from forgiveness of PPP loans

At least three big banks have opted out of a new process to get Paycheck Protection Program loans canceled directly by the Small Business Administration, The Intercept has learned, leaving their small business clients no other recourse if the banks refuse to cancel loans or drag out the process. Bank of America, JPMorgan Chase and PNC have all decided to ...

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3 Best Private Student Loans That Don’t Require a Cosigner

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.” You’ll typically need good to excellent credit to qualify for a student loan. If ...

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Lenders’ Relationships with Project Counterparties

This article is an extract from The Project Finance Law Review – Edition 3. Click here for the full guide. I Introduction to project agreements Central to any project financing are the project agreements or project documents – the contractual arrangements the borrower enters into for the development, construction, operation and maintenance of the underlying project. Depending on the status and ...

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Commercial Lenders – Lexology

This article is an extract from The Project Finance Law Review – Edition 3. Click here for the full guide. I Commercial lending in project financings i Introduction Commercial lending has formed the bedrock of financing sources for large-scale project financings ever since their emergence, with the product being refined in financings for the UK North Sea oil field in the ...

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Golub Capital adopts beqom compensation management platform and offers growth financing

NYON, Switzerland – (COMMERCIAL THREAD) –to become, a cloud-based compensation management company, announced that Golub Capital has provided funding to accelerate growth and selected its platform to manage long-term salary, bonus and incentive compensation processes ( LTI). “Beqom has established itself as the best compensation management solution and we are delighted to work closely with the beqom team as it ...

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