Latest Breaking News On - கால்வெர்ட் தாக்கம் மூலதனம் - Page 3 : comparemela.com

[Funding alert] Northern Arc raises Rs 40 Cr debt from Kotak Mahindra Bank to help small businesses

SOAR fund helping minority-owned businesses in the south to rebound

SOAR fund helping minority-owned businesses in the south to rebound SOAR fund helping minority-owned businesses in the south to rebound and last updated 2021-04-13 08:46:38-04 Paycheck protection loans have helped small businesses cover expenses during the pandemic. But now there s a need to get more credit access to businesses to help them with their long-term recovery. An equitable recovery is going to be required to a concerted effort and investment and time and capital to make sure these underserved businesses and communities get the capital they need to survive and become more resilient and move forward with the business plan, James H. Bason, President and CEO of TruFund said.

The Brief: Optimizing asset management, banking Black and Latino Americans, Senegal's bakeries, financial access in the South, net-zero pledges

Northern Arc raises $10 mn in ECB from Calvert Impact Capital

Northern Arc raises $10 mn in ECB from Calvert Impact Capital March 11, 2021 × Northern Arc Capital, a non-banking finance company (NBFC) that provides access to debt capital for under-banked individuals and businesses, announced that it has raised $10 million in debt through external commercial borrowing (ECB) from US-based impact investor Calvert Impact Capital. The funding is Calvert Impact Capital’s largest debt investment in India so far. In a press release, Northern Arc said that it will deploy the funds towards on-lending to financial institutions as well as lending directly to retail customers and to mid-market corporates. “Underbanked customers, including low-income households and small businesses, to whom credit has dried up over the last few months due to the pandemic, will be key beneficiaries of the proceeds,” the NBFC added.

[Funding alert] Northern Arc raises $10M in ECB financing from Calvert Impact Capital

[Funding alert] Northern Arc raises $10M in ECB financing from Calvert Impact Capital The Chennai-based digital debt platform will use the funds to support the growth and liquidity needs of its institutional partners as well as lend to small businesses and individuals. 0 claps Northern Arc Capital has raised $10 million in debt from US-based   According to the company, this is Calvert Impact Capital’s largest debt investment in India so far. Northern Arc will deploy the funds towards on-lending to financial institutions as well as lending directly to retail customers and to mid-market corporates.   Bama Balakrishnan, Chief Operating Officer of Northern Arc, said,