Nonprofit Finance Fund Hires Jana Reed as Chief Operating Officer; Promotes Beth Doreian to Chief Financial Officer
June 08, 2023 09:30 ET
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Nonprofit Finance Fund
New York, NY, June 08, 2023 (GLOBE NEWSWIRE) -- Nonprofit Finance Fund (NFF) has made two appointments to its C-suite. Jana Reed joins NFF as Chief Operating Officer and will lead NFF’s...
Federal Home Loan Bank of Indianapolis Declares Dividends, Reports Earnings
April 27, 2023 12:37 ET
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Federal Home Loan Bank of Indianapolis
INDIANAPOLIS, April 27, 2023 (GLOBE NEWSWIRE) -- Today the Board of Directors of the Federal Home Loan Bank of Indianapolis ("FHLBank Indianapolis" or "Bank") declared its first quarter 2023...
Valley First and Oak Valley Community Bank Partner on Community Investment
November 14, 2022 17:00 ET
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Valley First Credit Union
MODESTO, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Valley First Credit Union recently accepted its first mission-based deposit from Oak Valley Community Bank in support of the Credit Union's...
Lendistry Closes $85 Million Senior Debt Offering in One of the Largest Institutionally-Led Capital Raises by a CDFI in 2022
October 24, 2022 12:01 ET
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Lendistry
LOS ANGELES, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Lendistry, a minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution...
Lendistry to Deploy $200 Million in Seed Grants to New York Small Businesses
September 19, 2022 09:00 ET
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Lendistry
NEW YORK, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Lendistry, the only nationwide fintech CDFI and the largest minority-led deployer of capital in COVID relief funding, announces today that it will power...
Lendistry Supporting New Colorado Businesses as a Startup Loan Fund Lender
September 01, 2022 12:00 ET
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Lendistry
DENVER, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Lendistry, a progressive small business lender and fintech, announced today that it is offering financing under the Colorado Startup Loan Fund across the...
U.S. Treasury Announces $336.4 Million in Capital Magnet Fund Awards to Support Affordable Housing
June 22, 2022 11:50 ET
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Community Development Financial Instituions Fund, U.S. Department of the Treasury
Washington, DC, June 22, 2022 (GLOBE NEWSWIRE) -- The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 59 organizations $336.4 million today...
Lendistry Announces an Innovative Plan for Its New Markets Tax Credit Allocation of $35MM
September 29, 2021 10:00 ET
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Lendistry
LOS ANGELES, Sept. 29, 2021 (GLOBE NEWSWIRE) -- B.S.D. Capital, Inc. dba Lendistry ("Lendistry") announced today that it has been allocated $35MM in New Markets Tax Credits ("NMTC"). The U.S....
Acelera Financial Offers Loans for Minority-Owned Small Businesses in the Pandemic
September 10, 2021 09:00 ET
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Acelera Financial Corp
LOS ANGELES, Sept. 10, 2021 (GLOBE NEWSWIRE) -- As small businesses reopen in an easing pandemic, a small business lender is providing independent trucking companies with a shot in the arm to help...
Tricolor Secures $90 Million from Funds Managed by BlackRock to Expand AI-Powered Responsible Lending Platform for Underserved Consumers
September 09, 2021 07:00 ET
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Tricolor Holdings
DALLAS, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Tricolor today announced a $90 million convertible preferred equity investment from funds managed by BlackRock (“BlackRock Funds”), which converts to a...