Tag Archives: Inc.

Business Shares of money The united states International, Inc. (NYSE:CSH) Drops by -5.46percent

Company Shares of Cash The united states Global, Inc. (NYSE:CSH) Drops by -5.46%
The organization also provides unsecured consumer financial loans. Its consumer loan portfolio includes short term financial loans, including single repayment financial loans (which can be generally described as payday loans) and credit line services and products; longer-term multi-payment …
Read more on Insider Trading Report

Business Shares of EZCORP, Inc. (NASDAQ:EZPW) Drops by -4.95percent
It offers a variety of immediate cash solutions, including collateralized, non-recourse financial loans, generally pawn financial loans, and a variety of short-term customer financial loans, including single-payment and multiple-payment quick unsecured loans and single-payment and …
Find out more on News Check Out International

Earnings Range: EZCORP, Inc. (NASDAQ:EZPW)
The business provides a range of instant cash solutions, including collateralized, non-recourse loans, popularly known as pawn financial loans, and a selection of short-term customer loans, including single-payment and multiple-payment quick unsecured loans and …
Read more on Areas Every Day

Tavelli Company, Inc. Adds Two Senior Professionals For General Manager and Chief Financial Officer Positions

Dan Steinman, Ian Tavelli & Robert Tavelli

Robert Tavelli, founder and CEO of Tavelli Company, Inc., and Tavco Credit solutions, these days launched two crucial improvements into the companies executive administration team.

Dan Steinman could be the companys brand-new General Manager. With more than 32 many years of experience with every aspect of commercial collection agency, Dan is a professional with regards to medical, dental care and commercial accounts receivable recovery. Their extensive experience includes responsibility for collection techniques involving product sales, advertising and marketing, hiring and conformity awareness, along with the development and education of workers therefore the introduction of brand new technology. He could be a former president of this Ca Association of Collectors where he held a number of tasks.

Dans duties include building and applying companywide guidelines and procedures made to develop the organization, stated Robert Tavelli. I am very happy to have some one with Dans track record of success and knowledge helping manage our broadening company once we focus on the needs regarding the health and dental business.

Ahead of coming with Tavelli, Dan presented senior management jobs with Dolphin information Systems, Fidelity Creditor provider, and G.C. Services. He in addition launched two consulting teams focusing on supplying useful business answers to collection agencies pursuing improved operations and profitability.

Tavelli is unique with its capacity to attain outstanding outcomes while maintaining consumer respect, Steinman stated. The organization features a well-deserved reputation for equity and consideration in reaching amicable agreements with anyone who has dropped behind inside their payments resulting in a lot fewer issues. Im happy becoming section of an organization with a heart that values and respects men and women, whilst producing more than average collection results for its clients in the act. My objective would be to continue building a culture in keeping with a customer-oriented environment.

Ian Tavelli was called Chief Financial Officer. He could be the child associated with founder therefore the former businesses supervisor with this family-owned collection agency in which he initially created and was able the organization budget and oversaw functions. Ian returned to Tavelli business after offering as Assistant vice-president and Loan Officer in control of company development at North Valley Bank ahead of the banking institutions merger with Tri Counties Bank in which he served as a Relationship Manager. He attained a Bachelors level in international Business/Finance at Arizona State University this season.

My back ground includes banking analytics, cash flow and strategic development, Ian stated. At Tavelli business i’ve a major monetary role once we crank up functions with new workers with an increase of emphasis on the medical sector. This is really important at a time once the reasonably priced Care Act and increasing out-of-pocket expenses as a result of greater deductibles and co-pays tend to be generating cash-flow problems for hospitals, group techniques as well as their clients. I also want to boost the companys involvement in the community as an associate regarding the Leukemia and Lymphoma Societys Executive Leadership Committee when it comes to North Bay Light the evening Walk, so that as a board member of the Luther Burbank Santa Rosa Rose Parade.

Underneath the new administration construction, Robert details sales, customer relations and total business things, Dan manages day-to-day operations and Ian is the business operator and neighborhood relations liaison for firm.

Collectively the 3 folks comprise the core government staff, Robert Tavelli stated. Our staff members utilize a personable, problem-solving strategy that leaves a human face-on our company. We dont function with auto-dialers, so we eliminate the frustration and confusion as we help consumers enable account quality issues. Once you give us a call, you receive a live individual, perhaps not an answering device. At the end of your day, our employees are content, have actually a reduced return price, and make incentives as they meet and exceed objectives and our customers are content, also.

Tavelli business, Inc. and Tavco Credit solutions can be found at 3700 Montgomery Drive, Santa Rosa, Ca. To learn more, or a totally free consultation, telephone call 855-509-6818 toll-free, or phone direct by dialing 707-509-5565 (fax: 707-509-5777). Visit the companys website at: http://www.tavellico.com.

Beneficial State Bank, LendUp Technologies, Inc. Launch Personal Builder Loan

Oakland, CA (PRWEB) June 01, 2015

Beneficial State Bank (Beneficial State) and LendUp Technologies, Inc. (LendUp) have partnered to bring a new type of loan to individual borrowers in California, Oregon, and Washington–the Personal Builder Loan. This responsible alternative to many traditional payday loans in the market is designed to help customers meet their short-term liquidity needs while building their credit. Product features focus on convenience and credit building. Product features include offering a loan amount higher than typical payday loans, repaid over multiple months and payments reported to credit bureaus.

This is the next step in Beneficial State Banks five year exploration of an alternative to predatory loans that is sustainable for both the provider and the borrower, explained Kat Taylor, Co-Founder and Co-CEO of Beneficial State. It is also part of a larger movement of creating beneficial financial products that make individuals and their communities more resilient and empowered.

The Personal Builder Loan represents the second generation of Beneficial States Short-term Alternative Loan, piloted in 2011. We knew we could use technology to help Beneficial State Bank expand their mission of empowering consumers, explained LendUp Co-Founder and CEO Sasha Orloff. Everything we build at LendUp is designed to serve pre-prime borrowers. The Personal Builder Loan brings LendUps simple application process, instant credit decisioning, and easy repayment processing to a new segment of customers that usually dont get the benefits of cutting-edge software and design. This also marks our first formal bank partnership and were excited to continue the process of working with banks to help them reach more of the market.

Research estimates that Californians alone pay $ 450 million in predatory loan fees each year. By offering lower fees, higher loan amounts, and more time to repay the loan, the Personal Builder loan seeks to keep more of that money in communities while expanding access to mainstream financial services and free financial empowerment education. We are dedicated to increasing financial well-being for all of our stakeholders, said Co-CEO, Dan Skaff.


About Beneficial State Bank

Beneficial State Bank is an FDIC-insured Community Development Financial Institution (CDFI) and certified B Corporation that serves businesses, nonprofits, and individuals. Beneficial State answers to a triple bottom-line measuring its financial, social, and environmental impact to meet the needs of its communities. Beneficial State has a unique ownership structure–its profits can only be distributed to Beneficial State Foundation to support our communities and the environment. The bank is headquartered in Oakland, California with branches in Seattle, Washington, Portland, Oregon and loan production offices in Sacramento and Santa Rosa, California. For more information, visit http://www.beneficialstate.com.

About LendUp Technologies, Inc

LendUp Technologies, Inc. builds technology to expand credit access and choice. LendUp Technologies, Inc. is an affiliate of Flurish, Inc. dba LendUp. Its proprietary technology provides credit building loans that are lower cost, transparent, and available on any smart phone or computer. LendUp is located in downtown San Francisco and is backed by prominent Silicon Valley investors such as Y-Combinator, Google Ventures, Kleiner Perkins, Andreessen Horowitz Seed Fund, Startfund, Data Collective, Kapor Capital, Eagle Cliff Partners, Susa Ventures, SVAngel, Thomvest Ventures, Founders Coop, AFSquare, among other highly regarded angel investors and entrepreneurs. For more information, visit https://www.lendup.com.

Owens Realty Mortgage, Inc. Completes purchase of Three Commercial Properties for $34.6M

Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the business), announced today that, during 2nd quarter 2015, it sold three properties previously held as Real Estate Held available. The sale among these three properties situated in Greeley, Colorado; Sunnyvale, California and Sacramento, California for a complete sales price of $ 34.6 million has actually produced approximately $ 24 million in cash, realized book gains of approximately $ 15 million, and extinguished $ 9.8 million in mortgage financial obligation.

We think that these sales and feasible future product sales of specific of your other properties will unlock embedded equity and supply additional money towards the Company. Even as we continue to streamline our balance sheet while focusing on our core company, these deals additional enable united states to keep to boost liquidity and increase our loan manufacturing and profile, commented Bill Owens, the Companys Chairman and ceo.

About Owens Realty Mortgage, Inc.

Owens Realty Mortgage, Inc., a Maryland corporation, is a niche finance home loan business arranged to qualify as a genuine property investment trust (REIT) that is targeted on the origination, financial investment, and handling of small balance and middle-market commercial real estate loans. We offer custom-made, short-term acquisition and change capital to commercial property investors that want speed and flexibility. Our major goal should provide investors with appealing existing earnings and lasting shareholder price. Owens Realty Mortgage, Inc., is headquartered in Walnut Creek, California, and is externally handled and encouraged by Owens Financial Group, Inc.

Extra information are available in the Companys site at http://www.owensmortgage.com.

Forward-Looking Statements

This news release includes “forward-looking statements” in the meaning of the safe harbor terms associated with usa Private Securities Litigation Reform Act of 1995. Forward-looking statements about Owens Realty Mortgage Inc.’s programs, strategies, and customers, including the deals talked about within press release, derive from present information, quotes, and projections; they’ve been at the mercy of dangers and concerns, including understood and as yet not known dangers, which may trigger real leads to differ from expectations, estimates and forecasts and, consequently, visitors shouldn’t rely on these forward-looking statements as forecasts of future occasions. Terms including “expect,” “target,” “assume,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “predicts,” “potential,” “carry on,” and similar expressions are designed to determine such forward-looking statements.

Readers tend to be cautioned to not spot excessive dependence upon any forward-looking statements, which speak just at the time of the time made. The organization will not undertake or take any obligation to release openly any changes or revisions to your forward-looking declaration to mirror any improvement in its objectives or any improvement in activities, circumstances or conditions which these declaration is situated. Additional information regarding these as well as other risk factors is contained in the Company’s latest filings with the Securities and Exchange Commission. All subsequent written and dental forward-looking statements regarding the business or matters owing to the company or any person performing on its behalf are expressly skilled in their totality because of the cautionary statements above.

Much More Long Term Unsecured Loans Press Announcements

Owens Realty Mortgage, Inc. Announces $7.5 Million Stock Repurchase Plan

Walnut Creek, CA (PRWEB) May 27, 2015

Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the Company) announced today that its Board of Directors features authorized it to access a stock repurchase plan (the Repurchase program) to repurchase around $ 7,500,000 of its outstanding typical stock. Underneath the Repurchase Arrange, repurchases is supposed to be funded from readily available working capital, as well as the repurchased stocks will return to the standing of authorized but unissued shares of common stock. The Repurchase Arrange will operate in accordance with directions specified under Rule 10b5-1 of Securities and Exchange Act of 1934.

The Repurchase Plan offers up stock repurchases to start on Summer 27, 2015, and it is subject to particular price, amount and timing constraints specified within the brokerage contract. There’s absolutely no guarantee regarding the specific number of stocks that’ll be repurchased by the business and there could be no guarantee that any shares would be repurchased. The Repurchase Plan is scheduled to expire on 12, 2016, even though the Company may terminate the Repurchase Plan any moment.

About Owens Realty Mortgage, Inc.

Owens Realty Mortgage, Inc., a Maryland company, is a niche finance home loan Company organized to be considered as a proper estate investment trust (REIT) that targets the origination, investment, and management of commercial property mortgage loans. We provide individualized, temporary money to small and middle-market people that want speed and versatility. Our main objective is to supply investors with attractive current income and long-lasting shareholder price. Owens Realty Mortgage, Inc., is headquartered in Walnut Creek, California, and is externally handled and recommended by Owens Financial Group, Inc.

Extra information is found regarding the Companys internet site at http://www.owensmortgage.com.

Forward-Looking Statements

This pr release includes forward-looking statements in the meaning of the safe harbor provisions associated with United States professional Securities Litigation Reform Act of 1995. Forward-looking statements about Owens Realty Mortgage Inc.s programs, techniques, and prospects are derived from present information, quotes, and projections; they’ve been susceptible to dangers and uncertainties, and understood and not known dangers, which may cause actual results to change from objectives, quotes and projections and, consequently, visitors should not rely on these forward-looking statements as predictions of future activities. Terms such as expect, target, assume, estimate, project, spending plan, forecast, anticipate, intend, program, may, will, could, should, believe, predicts, potential, continue, and similar expressions tend to be intended to determine these types of forward-looking statements.

Visitors tend to be cautioned not to place undue dependence upon any forward-looking statements, which talk only since the day made. The Company cannot undertake or take any obligation to produce openly any revisions or changes to your forward-looking declaration to reflect any improvement in its objectives or any improvement in events, circumstances or situations by which any such statement is situated. Extra information concerning these along with other danger factors is included in the Companys most recent filings with the Securities and Exchange Commission. All subsequent penned and oral forward-looking statements regarding the Company or issues attributable to the organization or anyone functioning on its account are expressly competent in their entirety by the cautionary statements above.

Related Small Short Term Installment Loans Press Announcements

Mortgage Rates Take a Hit, Rising at the Fastest Pace of the Year Blue Home Loans, Inc. Weighs In.

San Diego, CA (PRWEB) February 03, 2015

Mortgage rates had a serious bump on the journey towards lower levels today, with national averages rising at the fastest pace so far this year. Fortunately, even with this quick rise, the day still ended at the sixth best day for mortgage rates in the past 21 months. Now the question is is this turn of events only a bump in the road, or is it the beginning of a u-turn towards a higher long term trend? California full-service mortgage company, Blue Home Loans, Inc., has been helping clients to gain the maximum amount of savings on their home loans for many years and now takes a look at the recent mortgage rate trends and gives some advice for those who have home loan plans for the near future.

The California mortgage company takes a look at the report from real estate news website, Mortgage News Daily, posted this February 3rd, 2015, which says, Mortgage rates picked up the pace of weakness today, moving higher at their quickest pace of the year. That’s the bad news. The good news is that today is still the 6th best day for rates in the past 21 months and many borrowers will only experience this spike in the form of slightly higher closing costs as opposed to a rise in rates themselves. Conforming 30yr fixed rates of 3.625% remain widely available for top tier scenarios. Up until yesterday, 3.5% was getting very close in terms of prevalence, but today’s weakness changed that. It’s still available, but in many cases, there could be upfront costs whereas there were none yesterday.

The MND article also explains that this move for mortgage rates is just a small part of the bigger trend in financial markets across the globe. It says,

All types of asset classes have been moving in a coordinated way amid the increased volatility of late 2014 and early 2015. In general, there’s a spectrum of risk. When investors favor risk, they sell bonds (which makes rates rise) and buy stocks (and recently, oil too). Certainly debt negotiations in Greece have been a big source of information for that risk spectrum of late, and this has been an increasingly good thing for US bond markets as investors move to avoid risk. But this morning, European markets reacted (or overreacted?) to a favorable nugget of news regarding Greek negotiations. It’s far too soon to tell if it will materialize into actual justification to pursue risk, but investors have been taking any reasonable opportunities to correct and consolidate against the bigger trend toward lower rates.

Blue Home Loans, Inc. explains that while this situation does not bode well for those with home loan plans, there is still some hope that this rise in rates can be recovered over the next days or weeks. However, it would not be wise for anyone to bank on rates getting lower again. Those who wish to take advantage of 2015s low rates, and who do not want to risk rates getting even higher, should definitely lock in their rates now. Those who have not yet started their loan applications will want to get things moving as soon as they can. California borrowers who want to be sure that they benefit from the best California mortgage rates in 2015 will find that they can count on the mortgage experts at Blue Home Loans, Inc. to find them the best rates and mortgage programs for their unique financial situation and home loan goals. The Blue Home Loans website states,

We make finding a loan simple because we have virtually every loan program available, regardless of the type of mortgage you are looking for. Whether you are dealing with bad credit, foreclosure, bankruptcy, or low credit scores, we can help you. It only takes us five minutes to find the right program that fits your needs.”

For more information on how Blue Home Loans can help California home loan borrowers get approved for their home purchase loan or refinance quickly, please visit BlueHomeLoans.com or call 1-888-929-BLUE (2583) to speak with an experienced mortgage professional.

California Bureau of Real Estate — BRE #01938557 NMLS #1162386

More Long Term Loans For Bad Credit Press Releases

Brightlane Homes, Inc. Acquires Portfolio of 375 Single-Family Homes

Columbia, South Carolina (PRWEB) December 23, 2014

Brightlane Homes, Inc. (Brightlane) announced today, the recent acquisition of a well-seasoned portfolio of 375 single-family homes, performing and non-performing notes previously owned by RECA, Limited Partnership (the RECA Portfolio). The total transaction value, including the assumption of debt, is approximately $ 12.3 million. The transaction involved the exchange of the RECA Portfolio for Brightlane common stock and assumption of RECA Portfolio debt.

The transaction brings into the shareholding of Brightlane, Mr. Tom Reaves and Mr. David Campbell, a couple of seasoned national investors who believe in Brightlanes long-term growth strategy for the acquisition of formerly-foreclosed, Real Estate Owned (REO) property, performing and non-performing loans, and the repair and repositioning of those properties and loans, for the purpose of offering residential homes for purchase to low and moderate-income buyers utilizing a Lease/Purchase Option business model.

Colin Hill, Director of Brightlane Homes noted, We are most pleased with the successful acquisition of the RECA Portfolio. It is an honor to partner with Tom Reaves and David Campbell who are successful industry leaders with long-term track records. Tom and Davids vision syncs perfectly with Brightlane’s outlook on the single-family home industry. We are looking forward to working closely with them. This acquisition and partnership further strengthens our mission, as Brightlane Homes intends to be a new pathway for home ownership with an innovative lease to own model to be launched in early 2015.”

“The RECA Portfolio is an excellent portfolio,” said Tom Reaves, a founding principal and general partner in RECA, Limited Partnership. “We personally selected each property in the Portfolio and have professionally serviced and maintained them with a long term view. We are excited that we will participate in the future performance of the Company and the Portfolio as significant shareholders in Brightlane Homes.”

The RECA Portfolio includes single-family residential properties, and performing and non-performing notes. Properties in the Portfolio are geographically dispersed across 23 states, with the largest concentration located in the Southeastern U.S. Sixty-one percent of the Portfolio is located in North Carolina and South Carolina. The performing and non-performing notes are owner-financed, land contract, installment contract or agreement for deed instruments, for which the underlying real property deeds are held by the seller until the owner-financed notes are retired. The owner-financed notes included in the RECA Portfolio are well-seasoned, with an average of approximately 4.3 years of payment history, and an average remaining term of approximately 14 years.

The acquisition was completed with the transfer of the RECA Portfolio to the Brightlane RECA Trust (the Trust), a Delaware statutory trust specifically designed to hold the RECA Portfolio. Brightlane RECA LP is the beneficial owner of the Trust. Brightlane # 1 LLC, a wholly owned subsidiary of Brightlane Homes, Inc., is the 99.99% owner of Brightlane RECA LP.

About Brightlane Homes, Inc.

Brightlane Homes, based in Columbia, South Carolina is a real estate acquisition and management company that looks to acquire, renovate bulk single-family housing and distressed and non-performing residential mortgage loans with the goal to lease affordable single-family housing and eventually provide financing turn-key to its customers at affordable prices. Brightlane Homes seeks to acquire single-family homes in bulk at discount prices in strategic areas, renovating them to our Certified Property Standards, and leasing and managing them with maximum efficiency. The key principle of Brightlane Homes is to provide a new pathway for home ownership to customers with economic limitations as well as deliver functional expertise and a passion for operational excellence that Brightlane believes its customer the future home-owner deserves.