Tagged marketplace-lending

Patch of Land Adds More Institutional Partners to Its Marketplace of Fractional Investors
Press Release

Patch of Land Adds More Institutional Partners to Its Marketplace of Fractional Investors

 Institutional marketplace lending funds, Prime Meridian Capital Management and AlphaFlow, commit to ongoing, fractional investments with real estate platform. Read More
LoanStar Launches Innovative Point-of-Sale Lending Platform
Press Release

LoanStar Launches Innovative Point-of-Sale Lending Platform

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Patch of Land Reaches 3 Key Milestones in Q1: $100M in Origination, Over $25M Returned to Investors, Introduces New Products
Press Release

Patch of Land Reaches 3 Key Milestones in Q1: $100M in Origination, Over $25M Returned to Investors, Introduces New Products

 Patch of Land (POL), a leading online marketplace lender for real estate, announced today that it has originated over $100 million in short-term loans for real estate professionals who purchase, rehabilitate and refinance undervalued residential and commercial properties. This notable milestone comes with another important statistic: the company has returned over $25 million in principal and interest to its investors, representing a quarter of the volume of originated loans. Read More
Derek Barclay Named to the Board of Directors at San Diego Venture Group
Press Release

Derek Barclay Named to the Board of Directors at San Diego Venture Group

 Venture-backed startup cofounder contributes to the San Diego startup funding ecosystem Read More
LoanHero Expands Lending Footprint to 50 States
Press Release

LoanHero Expands Lending Footprint to 50 States

 New nationwide service area allows consumer lender to partner with national merchants at the point of sale Read More
LoanHero Announces Partnership With LaserAway
Press Release

LoanHero Announces Partnership With LaserAway

 Marketplace lender and laser hair removal provider team up to provide financing for procedures at the point of sale Read More
LoanHero Grows Seed Round to $4.2M for Point-of-Sale Consumer Lending Platform
Press Release

LoanHero Grows Seed Round to $4.2M for Point-of-Sale Consumer Lending Platform

 Alsop Louie Partners and Mucker Capital complement initial $1.7m Seed raise to prepare LoanHero for nationwide expansion in 2016. Read More
Press Release

Chicago Crowdfunding Consortium Acquires Tycoon Real Estate

 Consortium of five crowdfunding platforms acquire Tycoon Real Estate in first-ever acquisition of a real estate crowdfunding platform Read More
Patch of Land Returns $10M to Investors in Less Than Two Years
Press Release

Patch of Land Returns $10M to Investors in Less Than Two Years

 Patch of Land, the leading alternative real estate financing solution has funded over 150 projects and returned over $10 million in principal and interest with no loss of principal. Read More
Industry Moved to Adopt Patch of Land's Best-in-Class Secured Debt Investment Structure
Press Release

Industry Moved to Adopt Patch of Land's Best-in-Class Secured Debt Investment Structure

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Patch of Land Announces All Existing and Future Loans Secured by Underlying Collateral as Part of New Loan Structure Offering
Press Release

Patch of Land Announces All Existing and Future Loans Secured by Underlying Collateral as Part of New Loan Structure Offering

 Patch of Land becomes only marketplace lending platform to offer directly secured investments to accredited investors. Read More
Patch of Land Announces Largest Loan and First Hotel Offering to Date - the Ramada Hotel in Arizona
Press Release

Patch of Land Announces Largest Loan and First Hotel Offering to Date - the Ramada Hotel in Arizona

 Famous Route 66 Hotel Investment Opportunity Expands Patch of Land's Nationwide Reach and Marks Another Milestone with a $3.2 Million loan in the company's 22nd State Read More
RETAIL FINANCE INNOVATOR, LOANHERO, INC., CLOSES $21.7M IN CAPITAL
Press Release

RETAIL FINANCE INNOVATOR, LOANHERO, INC., CLOSES $21.7M IN CAPITAL

 LoanHero, Inc., a disruptive consumer-lending platform, closes $1.7M in seed capital along with a $20M debt facility to help change the way borrowers, lenders, and merchants interact at the point of sale. The company takes the guesswork out of applying for financing and, with just one simple application, can provide borrowers of all credit types with the best lending product available. Read More