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When Advisory Firms Should Refinance SBA Loan Debt
Securing financing is a critical milestone for any business. U.S. Small Business Administration loans are powerful, strategic tools designed to empower entrepreneurs, offering a practical path to the capital needed to launch, expand or stabilize operations without prematurely draining liquidity. After an SBA loan helps a business reach those initial goals, however, it may be…
2 Longtime Leaders Of Housing Nonprofit Leave To Launch New Firms
National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures. Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them as president of policy solutions, before leaving last month to launch IJG Urban Advisors. Ira Goldstein “I felt like the team that I had built, the…
Polygon Labs Partners With NOBO Finance And Dun & Bradstreet In Bank Of England Digital Pound Lab Phase 2
Polygon Labs has entered Phase 2 of the Bank of England’s Digital Pound Lab, collaborating with NOBO Finance and Dun & Bradstreet. The initiative focuses on examining near-instant cross-border settlement and portable credit identities for businesses, leveraging Polygon’s Open Money Stack technology. The Digital Pound Lab serves as a controlled, simulated platform. It allows the…
Is Buying the ‘Worst House’ in the Best Neighborhood a Smart Money Move?
“Buy the worst house in the best neighborhood” has long been treated as a golden rule of real estate. The thinking is that you get access to a desirable location at a lower price. Then, as the neighborhood’s more expensive homes appreciate, yours may rise in value, too. But the cheapest house on the block…
Transfer of Student-Loan Accounts to Treasury Takes Key Step Forward
The transfer of student-loan accounts to the Treasury Department is moving forward. On Friday, the Treasury released new plans to take over management of the federal defaulted student-loan portfolio. The plans, first reported by Business Insider, include creating a new “Default Resolution Hub” intended to serve as a centralized location for borrowers to plan their…
Molo appoints French as COO
Molo, the specialist lender, has appointed Lynne French as chief operations officer (COO) as its expansion of operations and distributions continues. French will be responsible for scaling Molo’s operational platform to support demand and maximising strategic partnerships with One Mortgage System (OMS) and LMS. French most recently served as director of secured lending operations…
