DBusiness Daily Update: The Temptations and The Four Tops to Perform at Fox Theatre Oct. 5, and More
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.
Source: dbusiness.com
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Credibly Announces Second Offering Of Asset-Backed Securities – The First ABS Within The SMB Lending Space Since The Onset Of The COVID-19 Pandemic
Share: Southfield, MI – Apr. 20, 2021 - Today, Credibly announced its second offering of asset-backed securities (ABS) with the issuance of three classes of notes totaling $65.77 million. The asset-backed securitization is expandable to $200 million to further support the company’s continued growth. This transaction marks the first ABS within the SMB lending space since the onset of the COVID-19 pandemic and will reduce Credibly’s cost of funds compared to its existing ABS. “This transaction is a testament to Credibly’s proven ability to responsibly provide credit to SMBs,” said R...
Source: benzinga.com
Food Fighter Stephen Roginson raised $60K for out-of-work service industry employees
Food fighter Stephen Roginson raised $60K for out-of-work service industry employees Mark Kurlyandchik, Detroit Free Press Take a moment to imagine a city without any bars, restaurants or cafes. Popular Searches Pandemic-related shutdowns over the past year opened a window into that solitary world, spotlighting what Detroit Free Press/Metro Detroit Chevy Dealers Food Fighter Stephen Roginson has long known: Communities need their meeting places. “The very act of sitting down to drink a beer with a friend or stranger is, in its essence, community-building,” says Ro...
Source: msn.com