Tagged: candace klein

December 6, 2016 @ 12:12 pm By Candace Klein  |  

Having just returned to the United States after six months of travel abroad, I feel generally disillusioned.  At first, I couldn’t tell if my discontent arose from the heartbreaking presidential election results; or the fact that I ended up in a new city with a… Read More

March 15, 2016 @ 8:59 am By Samantha Hurst  |  

With tax time upon us and the corporate filing deadline (March 15) looming, Dealstruck, Inc., a leading small business online lender, announced its recent survey of more than 500 business owners nationwide indicated that instead of taking a trip to Vegas, company owners are taking… Read More

March 8, 2016 @ 9:38 am By JD Alois  |  

Small business is extremely important for the economy. This is not just a US or UK issue, it is a global phenomenon. Small and medium-sized enterprises (SMEs) are the drivers of economic growth, job creation and thus wealth. Fostering an ecosystem that facilitates access to… Read More

February 22, 2016 @ 9:59 pm By Candace Klein  |  

A common theme in business and finance circles is that women are underrepresented, less capitalized, and face an uphill battle when it comes to building and financing their small businesses.  While the statistics may bear this out to some degree, the women-owned business horizon is… Read More

January 29, 2016 @ 12:00 pm By JD Alois  |  

In the midst of a market in turmoil and a presidential election cycle where economic polemics are at an all time high, Dealstruck, an SME direct lender, has released a report they compiled using Survey Monkey (+/-5% error).  According to their survey; 76% of small… 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

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

September 14, 2015 @ 2:00 am By Candace Klein  |  

  SBA….MCA….APR….LOC…. Do these acronyms mean anything to you?  The small business financing landscape is full of them and you’ll need to understand them to make the best possible financing decisions for your business.  And to avoid wasting time or money. If you are like… 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

February 20, 2015 @ 4:21 pm By JD Alois  |  

The 3rd Annual Women Investing in Women (WIIW) kicks off today with a focus on women and finance. The global movement led by founder Anu Bhardwaj, has organized a gathering with industry leaders from around the globe. The event will feature two big names in… 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

July 23, 2014 @ 8:37 am By JD Alois  |  

Peer Lending Platform Dealstruck Appoints Chief Financial Officer, Chief Marketing Officer and Chief Strategy Officer Peer to peer lending platform Dealstruck has added to its senior leadership team to help manage the company’s rapid growth and to execute on its corporate expansion initiatives.  The Dealstruck… Read More

April 8, 2014 @ 11:09 am By Charles Luzar  |  

An administrative hearing for former SoMoLend CEO Candace Klein has been postponed yet again, this time being pushed back to June. The hearing was scheduled to continue today. This continues a trend of delays during the hearing. SoMoLend was served a notice of intent to… Read More

March 3, 2014 @ 7:20 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

On February 19, 2014, in a missive to the SEC, signed by 18 state securities administrators,  under the letterhead of the North American Securities Administrators Association (“NASAA”), the message was clear: “[we] write to voice our objection to the Commission’s attempt to preempt state authority… Read More

February 25, 2014 @ 9:20 am By Charles Luzar  |  

The first day of Candace Klein’s highly-anticipated hearing is in the books. In what could be a watershed moment for crowdfunding in the State of Ohio, the Ohio Division of Securities is squaring off against Klein. The backdrop: a notice of intent to issue cease… Read More

February 12, 2014 @ 9:05 pm By JD Alois  |  

Somolend, a high profile crowdfunding startup, has settled with the State of Ohio over allegations by the State the company had transgressed state securities laws.  The company was previously led by Candace Klein, who had become one of the leading champions for the fast growing… Read More

December 27, 2013 @ 1:56 pm By JD Alois  |  

According to reports, the hearing scheduled by the Ohio Division of Securities with former SoMoLend CEO Candace Klein has now been postponed until late February 2014.  This is the second postponement for the Cease and Desist notice which was originally filed by the state of… Read More

October 17, 2013 @ 3:47 pm By Charles Luzar  |  

SoMoLend and the Ohio Division of Securities have been on a crash course since a notice of intent to issue a cease and desist was filed back in August of 2013. The hearing, originally scheduled for this week, has been postponed until January according to… Read More

October 10, 2013 @ 3:46 pm By Charles Luzar  |  

Ohio Division of Securities Commissioner Andrea Seidt is now acting President of the North American Securities Administrators Association (NASAA), the “oldest international organization devoted to investor protection.” She was previously Vice President of the NASAA. She replaces A. Heath Abshure of Arkansas as President of… Read More