Tagged: kevin phillips

Working Capital for Small Businesses: Novo Funding Launched with $125M Facility from Victory Park Capital

Novo, the “powerfully” simple financial platform for small businesses, announced the launch of Novo Funding, “offering small businesses a fast and flexible way to access working capital.” The company has also “secured a $125 million facility from Victory Park Capital (VPC), which will be used… Read More

Online Lending Platform Kabbage Announces $525 Million Securitization Transaction For New Facility to Enable Expansion of Large Business Products

Money Benjamin Dollars 100

Online lending platform Kabbage announced on Wednesday it priced $525 million of fixed-rate, asset-backed notes in a private securitization transaction for a facility that will enable expansion of large business products. The company stated that the facility is expandable to $1.5 billion and the notes will… Read More

Orchard Forms Partnership with Kabbage Channeling Institutional Money to Loans

Orchard, the company that added rocket fuel to peer to peer lending platforms like Lending Club and Prosper, has announced a new partnership with Atlanta based Kabbage a provider of consumers and small business loans. Kabbage just announced earlier this week a licensing agreement with… Read More

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