Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, today announced that it has broken ground on Marlowe Peoria Place, the latest Marlowe-branded apartment community. Located west of Grand Ave. and south of Monroe St., this new community is part of Greystar's master plan for Peoria Place, which will include more than 700 apartments, 255 build for rent homes and 400,0
/PRNewswire/ Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including.
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Chile-based Kredito raises $4M to help businesses get loans
In the last few months, we’ve seen an explosion in funding for consumer banking startups in Latin America, all eager to reinvent traditional banking in the region. However, the business banking space seems like it’s also undergoing some changes.
Today, Chile-based Kredito announced a $4 million pre-seed round. The company focuses on generating loans for small to medium-sized businesses (SMBs).
“What we see is that in our sector people have a bank account but don’t have access to credit,” said Sebastian Robles, co-founder and CEO of Kredito.
Robles explained that in Chile, when you open a business bank account, you don’t get a credit or debit card attached to it, so entrepreneurs usually have to use their personal cards.