Tagged: dealstruck

December 7, 2015 @ 10:47 am By JD Alois  |  

Last week the government announced the US economy had delivered 211,000 new jobs in the month of November with the unemployment rate holding at 5%. The announcement set off a new flurry of debate and discussion regarding whether or not the Federal Reserve will finally… Read More

November 24, 2015 @ 10:39 am By Samantha Hurst  |  

On Tuesday, small business lending platforms Dealstruck and Lendio, announced the release of their joint eBook, “Small Business Lending in the Digital Age,” which focuses on strengths, weaknesses, and projections regarding the online small business lending industry. Ethan Senturia, CEO of Dealstruck, stated: “Small businesses are the backbone of… Read More

November 12, 2015 @ 12:43 pm By Samantha Hurst  |  

With the holiday shopping season upon us, small business owners overwhelmingly express optimism that sales will meet or surpass 2014, according to a survey of small business retailers released today. Although larger retailers routinely offer Black Friday and Cyber Monday specials, small businesses continue to… Read More

October 28, 2015 @ 11:37 am By Samantha Hurst  |  

Dealstruck, an online direct lender, announced on Wednesday the completion of over $100 million in loans to small and medium-sized businesses (SMBs) nationally. Since inception, in October 2013, the firm has been committed to providing fast-growing and profitable SMBs with flexible, affordable and transparent financing…. Read More

September 30, 2015 @ 8:00 am By Erin Hobey  |  

Today Cloud Lending Solutions celebrated securing $8 million in Series A venture funding.  The platform, the fintech industry’s only end-to-end lending solution built natively on salesforce.com disclosed that the new funding will be used to support market expansion and further develop the company’s engineering and innovation capabilities. The funding round was… Read More

September 23, 2015 @ 2:00 pm By Samantha Hurst  |  

Online direct lender Dealstruck announced on Wednesday it has formed a partnership with Valley Economic Development Center (VEDC), a non-profit lender, to provide small businesses with a greater variety of flexible financing options. By combining financing offerings, Dealstruck and VEDC are now able to tailor side-by-side lending packages for… Read More

August 10, 2015 @ 10:30 am By Candace Klein  |  

  As traditional lending tightened for consumers and small businesses, following the 2008 recession and the Dodd Frank regulatory environment that followed, alternative lending has now become quite the burgeoning new industry. And with alternative lenders ranging the gamut from near-bank products and terms to… Read More

July 28, 2015 @ 10:30 am By JD Alois  |  

Direct lender Dealstruck has formed a partnership with LendingTree, an online loan marketplace. According to Dealstruck, LendingTree’s customers will gain access to Dealstruck’s multiple credit products. LendingTree has facilitated over 55 million loans to date. Dealstruck sited an example of Dennis Corrado who used a… Read More

July 23, 2015 @ 10:11 am By Samantha Hurst  |  

Dealstruck, the online lender that provides lending solutions for small businesses at every stage of their lifecycle, today announced that it received another $10 million capital investment from Community Investment Management LLC (“CIM”), an investment firm focused on marketplace lending. This investment allows Dealstruck to… Read More

July 8, 2015 @ 3:40 pm By Midori Yoshimura  |  

  A co-creator of the legislation that eventually became the JOBS Act of 2012, Candace Klein, Chief Strategy Officer for marketplace lender Dealstruck, joined the crowdfunding movement unintentionally. Candace was drawn in through her nonprofit, Bad Girl Ventures, and in the process founded her second company, began working with the… Read More

June 5, 2015 @ 10:13 am By JD Alois  |  

  Direct lender Dealstruck has recently announced several platform updates – this coming on the heals of passing $50 million in loans. Described as a “game changing” addition to the current portfolio of services offered to Dealstruck customers, the new Credit Borrower Portal is a… Read More

April 8, 2015 @ 7:30 am By JD Alois  |  

Dealstruck has announced $58 million in funding to finance small business lending.  According to the company $50 million is in a credit facility from NYC based hedge fund managed by Brevet Capital and an $8 million equity raise from Trinity Ventures. To date Dealstruck has… Read More

March 20, 2015 @ 4:29 pm By JD Alois  |  

Direct lender Dealstruck added another name to its executive bench today. Ryan Campbell has been appointed VP of Sales and will need the peer lending platform’s push to grow sales and revenue.  He will be tasked with the overall productivity and effectiveness of attracting new… Read More

March 4, 2015 @ 8:00 am By JD Alois  |  

Online direct lender Dealstruck,  has announced the launch of its newest financing product, the Inventory Line of Credit (ILC). Designed to meet the needs of growing, profitable businesses with recurring needs to purchase inventory – wholesalers, distributors, retailers, resellers and more – Dealstruck’s ILC targets a… Read More

February 23, 2015 @ 9:49 am By JD Alois  |  

Global financial rating agency Fitch has shared its $0.02 on the recently announced partnership of 200 community banks with Lending Club noting the agreement may introduce new risk to the small banks.  Fitch qualifies this statement by adding there may also be an opportunity present… Read More

February 13, 2015 @ 4:25 pm By JD Alois  |  

When you are looking at getting a loan to help fund your small business you have multiple options.  If you happen to be in the decision making process right now and have some questions, this US centric infographic created by Dealstruck may help you take… Read More

January 21, 2015 @ 7:25 am By Midori Yoshimura  |  

The signature scent of January is optimism: We will avoid processed food, learn Mandarin Chinese and log at least nine miles before dinner (likely wild salmon atop a quinoa-kale salad). But New Year’s resolutions become realities after taking the first step, whether it’s learning how… Read More

November 28, 2014 @ 6:05 pm By JD Alois  |  

In a company statement it was announced the Hispanic Chamber of E-Commerce and alternative crowdlending platform Dealstruck have formed a partnership in an effort to ease the process of securing growth capital faced by early-stage businesses.  The partnership will provide Chamber members and customers with… Read More

November 2, 2014 @ 2:19 pm By JD Alois  |  

By now we all know banks are not necessarily the most expedient location to find capital to help fund your business.  While small business is the engine of the economy they struggle to raise needed funds for growth when necessary.  The painful process of driving… Read More

August 29, 2014 @ 9:17 am By JD Alois  |  

Peer to peer lending platform Dealstruck has provided GIA Power Management with Dealstruck’s “CrowdLine” product.  GIA is a commercial development and construction company  This line of credit is an alternative to high-interest loan options.  CrowdLine has assisted GIA when the company was unable to find… Read More