Website Financing – Theme Killer http://themekiller.me/ Tue, 17 May 2022 12:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://themekiller.me/wp-content/uploads/2021/04/default.png Website Financing – Theme Killer http://themekiller.me/ 32 32 MEI Pharma will present at the HC Wainwright Global Investment Conference 2022 https://themekiller.me/mei-pharma-will-present-at-the-hc-wainwright-global-investment-conference-2022/ Tue, 17 May 2022 12:00:00 +0000 https://themekiller.me/mei-pharma-will-present-at-the-hc-wainwright-global-investment-conference-2022/ SAN DIEGO, May 17, 2022–(BUSINESS WIRE)–MEI Pharma, Inc. (NASDAQ:MEIP), a late-stage pharmaceutical company focused on advancing novel cancer therapies, today announced its participation in the 2022 HC Wainwright Global Investment Conference. will feature an updated corporate and business overview available for on-demand listening beginning Tuesday, May 24, 2022, 7:00 a.m. Eastern Time, which will be […]]]>

SAN DIEGO, May 17, 2022–(BUSINESS WIRE)–MEI Pharma, Inc. (NASDAQ:MEIP), a late-stage pharmaceutical company focused on advancing novel cancer therapies, today announced its participation in the 2022 HC Wainwright Global Investment Conference. will feature an updated corporate and business overview available for on-demand listening beginning Tuesday, May 24, 2022, 7:00 a.m. Eastern Time, which will be archived for 90 days.

The presentation can be accessed via the Events and Presentations page of the Investors section of the MEI Pharma website at https://www.meipharma.com/investors/events-calendar. An archived replay of the webcast will be available on the MEI Pharma website for at least 30 days after the live event ends.

About MEI Pharma

MEI Pharma, Inc. (Nasdaq: MEIP) is a late-stage pharmaceutical company focused on developing potential new cancer therapies. MEI Pharma’s pipeline of drug candidates contains several clinical-stage assets, including zandelisib, currently in clinical trials that may support marketing approvals from the U.S. Food and Drug Administration and other authorities regulations globally. Each of the candidates in MEI Pharma’s pipeline leverages a different mechanism of action with the goal of developing therapeutic options that are: (1) differentiated, (2) address unmet medical needs, and (3) provide enhanced benefits to patients. patients, either as stand-alone treatments or in combination with other treatment options. For more information, please visit www.meipharma.com. Follow us on twitter @MEI_Pharma and on LinkedIn.

Forward-looking statements

Under US law, a new drug cannot be marketed until it has undergone clinical studies and has been approved by the FDA as safe and effective for its intended use. Statements included in this press release that are not historical in nature are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the results of our clinical trials with zandelisib. , the expected timing of our submission of a marketing application to the FDA for zandelisib, the expected timing of the release of final study data for our TIDAL Phase 2 trial, the timing and success of the registration for our Phase 3 COASTAL trial, our projected financial condition and expected cash flow, the overall progress of our product candidates in clinical trials, and our plans for further development of our product candidates. In some cases we may use terms such as “predicts”, “believes”, “potential”, “continues”, “anticipates”, “estimates”, “expects”, “plans”, “has intent to”, “may”, “could”, “could”, “probable”, “will”, “should” or other words that convey uncertainty of future events or results to identify these forward-looking statements. You should be aware that our actual results could differ materially from those contained in the forward-looking statements, which are based on management’s current expectations and are subject to a number of risks and uncertainties, including, but not limited to , our inability to successfully commercialize our product candidates; the availability or desirability of utilizing the FDA’s accelerated approval pathway for our product candidates; final data from our preclinical studies and completed clinical trials may differ materially from intermediaries reported d ongoing studies and trials; costs and delays in the development and/or FDA approval of our product candidates, or failure to obtain such approval for our product candidates; uncertainties or differences in the interpretation of clinical trial results; the risk that our clinical trials will be interrupted or delayed for any reason, including for safety, tolerability, recruitment, manufacturing or economic reasons; the impact of the COVID-19 pandemic on our industry and individual businesses, including our counterparties, supply chain, execution of our clinical development programs, access to funding and resource allocation governmental; our inability to maintain or enter into, and risks resulting from our reliance on, collaboration or contractual arrangements necessary for the development, manufacture, merchandising, marketing, sale and distribution of any product; competitive factors; our failure to protect our patents or proprietary rights and to obtain necessary patent and intellectual property rights from third parties to operate our business; our inability to operate our business without infringing the patents and proprietary rights of others; general economic conditions; failure of any product to achieve market acceptance; our inability to obtain any additional financing required; technological changes; government regulations; changes in industry practices; and occasional events. We do not intend to update these factors or publicly announce the results of any revisions to these forward-looking statements.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220517005006/en/

contacts

MEI Pharma, Inc.
David A. Walsey
Tel: 858-369-7104
investor@meipharma.com

Jason I. Spark
Channel Communications for MEI
Tel: 619-849-6005
jason.spark@canalecomm.com

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Deutsche Bank not funding controversial oil pipeline in Africa, source says https://themekiller.me/deutsche-bank-not-funding-controversial-oil-pipeline-in-africa-source-says/ Sun, 15 May 2022 14:30:00 +0000 https://themekiller.me/deutsche-bank-not-funding-controversial-oil-pipeline-in-africa-source-says/ FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not funding an oil pipeline in Africa that environmental activists say will displace thousands of families and disrupt nature reserves, a person with knowledge of the situation said on Sunday. case. Germany’s biggest lender has come under pressure to clarify its stance on financing the $3.5 […]]]>

FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not funding an oil pipeline in Africa that environmental activists say will displace thousands of families and disrupt nature reserves, a person with knowledge of the situation said on Sunday. case.

Germany’s biggest lender has come under pressure to clarify its stance on financing the $3.5 billion East African Crude Oil Pipeline (EACOP) project, which would span more than 1 400 kilometers from Uganda to Tanzania.

Deutsche has so far not commented on the plan despite mounting pressure ahead of the bank’s annual general meeting on Thursday. The environmental activist group 350.org is organizing a series of protests in the coming days.

Join now for FREE unlimited access to Reuters.com

“Many major banks and insurers have already pulled out of this devastating project. We are increasing the pressure on Deutsche Bank, one of the only major banks in Europe that has not yet withdrawn its support for EACOP,” said 350.org. before the scheduled events.

French energy giant Total (TTEF.PA), which is developing the pipeline with China National Offshore Oil Corporation, said it was taking steps to mitigate the environmental and human impact of the project. Read more

In recent years, Deutsche Bank has marketed itself as a bank that businesses can turn to as they transition to a greener future.

“We have put sustainability at the heart of our strategy,” chief executive Christian Sewing said last year.

Deutsche Bank was never involved in financing the pipeline, the person said on condition of anonymity.

Deutsche Bank said in a statement that it does not comment on customers, but that it “supports the transition to a low-carbon economy” and that its policies prohibit it from knowingly financing projects that clear primary forests. , high conservation value areas and peatlands. .

The campaign called #STOPEACOP says on its website that the pipeline endangers the water of millions of people and will cut off land essential for elephants, lions and chimpanzees.

Join now for FREE unlimited access to Reuters.com

Reporting by Tom Sims Editing by Riham Alkousaa, Maria Sheahan and David Evans

Our standards: The Thomson Reuters Trust Principles.

Community Development Financial Institutions Fund (CDFI Fund), the organization responsible for administering the NMTC program. Announced in 2021, the CDFI Fund launched an NMTC Program Indigenous Initiative to increase investments in Federal Indian Reservations, Off-Reserve Trust Lands, Hawaiian Native Lands, and Alaska Native Village Statistical Areas (collectively , NMTC Native Areas), which historically lacked NMTC investments.

What is the New Markets Tax Credit Program?

The NMTC program is a Congressional tax credit incentive codified under Section 45D of the Internal Revenue Code. The program aims to encourage investment in businesses and real estate projects located in economically distressed communities and to provide more attractive loan products to low-income community businesses than what is traditionally offered in the market.

The NMTC is generated when a “qualified equity investment”, typically from an investment fund set up by a large corporation or institutional investor, is made into one or more “qualified community development entities” (CDEs) in exchange part of the NMTC allocated from the CDFI Fund. CDEs then use the funds from these investments to make one or more loans to a Qualified Active Low-Income Community Business (QALICB) that operates in a low-income community. Most often, a leveraged structure is used to inject additional liquidity into the investor’s entity, allowing for a larger “qualified capital investment” and ultimately a larger loan to the QALICB borrower. This structure serves several purposes: 1) it creates an incentive to invest in low-income communities by large investors seeking credit for their tax bill, 2) it reduces the cost incurred by a borrower to finance a large project, and 3) it promotes more favorable lending terms for QALICB borrowers, such as below-market interest rates and lower loan-to-value ratios.

The NMTC program is often successfully combined with other tax credit programs and sources of funding – such as the Federal Historic Rehabilitation Tax Credit, Low Income Housing Tax Credit (LIHTC) , the Opportunity Zone Program, and a number of comparable state tax credit programs – which, coupled with the NMTC program, can create additional investment incentives for financial partners and can generate additional funds for a given project. Additionally, and unique to Native CDFIs, the Native American CDFI Assistance Program (NACA Program) provides financial assistance and technical assistance grants to Native CDFIs for use in projects that may also qualify for NMTC.

How can an Indian country benefit from the New Market Tax Credit?

Tribes and organizations that serve tribal interests can participate directly in the NMTC program in the following ways.

  • First, they can apply to be certified as a CDE, seek to earn an NMTC allowance, and make loans to projects in NMTC indigenous areas. Currently, there are 69 indigenous CDFIs, each of which could register for CDE status and be automatically granted. The CDFI Fund’s NMTC Program Indigenous Initiative aims to facilitate the process of applying for CDE status and granting award for Indigenous CDFIs and other tribal-affiliated entities.
  • Second, an organization serving tribal interests can apply for funding from NMTC as a QALICB borrower. It does not require formal certification; a borrower need only meet certain program requirements, such as operating their business in a low-income community. Funds received from NMTC loans can be used for a number of real estate development projects in NMTC Indigenous areas – such as the construction of a new community facility, grocery store, museum, school or of a health center – or can be used to equip an existing business with new materials such as machinery for a factory, medical equipment for a dentist’s office or computer-aided design equipment for a professional training program.

Direct participation in the NMTC program does, however, present obstacles, including the large amount of effort and resources required to fund mobile NMTC. However, tribes and tribal organizations can also benefit indirectly from increased investment in NMTC’s indigenous areas, as even NMTC funding from non-indigenous investors, lenders and borrowers brings new facilities or improves the operations of the NMTC. existing businesses in the indigenous areas of the NMTC. These investments can also generate a number of new construction jobs as well as permanent jobs for the new project.

For tribes and affiliated organizations looking to invest in an NMTC project or find funding partners for their own NMTC project, there are a number of outlets available. The CDFI Fund website includes a NMTC Program Serviced States Database, which allows each NMTC winner to be sought after by the state or states they serve. Additionally, organizations like the Native CDFI network exist to advocate and focus on increasing the economic development of Indian countries as well as providing resources to those who seek to do so.

To this end, the CDFI Fund initiative hopes to encourage greater participation in the NMTC program by Indigenous-owned and controlled entities, as well as promote greater investment in Indigenous NMTC areas. On April 18, 2022, the CDFI Fund announced its selection of a contractor to conduct the work for the NMTC Program Indigenous Initiative. As the chosen contractor, Big Water Consulting LLC is responsible for producing a survey of historical NMTC lending practices in NMTC Indigenous areas, creating a self-assessment guide for use by entities owned or controlled by indigenous peoples and to organize technical workshops for these entities. These efforts aim to learn from past investments in NMTC Indigenous areas to inform best practices for such investments in the future as well as to equip and support existing and potential Indigenous CDEs and borrowers with tools to successfully use the NMTC program.

It will be imperative to monitor the progress of Big Water Consulting LLC as it investigates NMTC investments in NMTC Indigenous Areas. The results of its findings, along with the planned release of its self-assessment guide and training materials, are expected to drive the growth of NMTC’s investments in NMTC’s Indigenous areas.

]]> InsuraGuest provides ski season results for ISG Active https://themekiller.me/insuraguest-provides-ski-season-results-for-isg-active/ Tue, 10 May 2022 12:00:00 +0000 https://themekiller.me/insuraguest-provides-ski-season-results-for-isg-active/ VANCOUVER, BC /ACCESSWIRE/May 10, 2022/ InsuraGuest Technologies, Inc.® (TSXV:ISGI)(OTCQB:ISGIF) (“InsuraGuest” or the “Company”), through its wholly owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC®, announces the end of ski season financial results for ISG Active (www.ISGActive.com ). From its launch on December 16, 2021 through the end of March 2022, InsuraGuest’s digitally delivered event-based insurance […]]]>

VANCOUVER, BC /ACCESSWIRE/May 10, 2022/ InsuraGuest Technologies, Inc.® (TSXV:ISGI)(OTCQB:ISGIF) (“InsuraGuest” or the “Company”), through its wholly owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC®, announces the end of ski season financial results for ISG Active (www.ISGActive.com ).

From its launch on December 16, 2021 through the end of March 2022, InsuraGuest’s digitally delivered event-based insurance product generated $260,879 in gross premiums, including $160,826 for insurance coverage integrated for participants who have purchased their one-day ski tickets online. and US$100,053 has been added for attendees who choose to upgrade their policy for additional coverage when purchasing their tickets online.

For the 2022-2023 ski season, ISG Active will expand and add additional sales channels through pre-sold multi-day ski tickets, season passes, and physical ski tickets purchased at the walk-in window.

“The successful launch of ISG Active provides us with an additional revenue stream and provides us with the data we need to grow our technology platform and sales efforts. We plan to sell our integrated insurance product to more people. ‘online paid events including ski resorts, golf courses, organized sports venues, amusement parks and music venues,’ says Reed Wright, president of InsuraGuest.

ISG Active will be attending the National Ski Areas Association (NSAA) Annual Meeting in Nashville, TN May 11-15. Please stop by our booth (604) to learn more about how we can help protect your ski guests. www.NSAA.org

About AssuraGuest Technologies Inc.

Harnessing the power of technology to reinvent insurance

InsuraGuest Technologies (TSXV: ISGI) is an insurtech (insurance + technology) company that is shaking up the insurance landscape by using its proprietary software platform to automatically match its short-term insurance products to vacation rentals and hotel bookings, and now in sporting activities.

CA/LIC: 6001686

For more information, visit the company’s website at: www.InsuraGuest.com

For more information about ISG Active, visit our website at: www.ISGActive.com

“Readers are cautioned that sales alone do not provide a complete picture of the company’s financial results and position. For a complete financial picture of the company, readers are invited to consult the Company’s published annual and quarterly financial statements. “

The IThe information in this press release contains forward-looking statements based on assumptions as of the date of this press release. These statements reflect management’s current estimates, beliefs, intentions and expectations. There can be no assurance that this new commercial product offering or other planned products will be successful and coverage of winter events is seasonal. The insurance industry is extremely competitive and the Company’s competitors have far more resources than the Company. Acceptance by potential customers is difficult to predict, especially with new products and disruptive technologies. If the Company is not accepted by the market, this will have a significant impact on its results and its financial resources. Market acceptance may require advertising budgets that exceed the Company’s current resources and require the Company to seek additional debt or equity financing. There can be no assurance that such financing will be available at reasonable prices or at all.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE .

Company Contact:
InsuraGuest Technologies, Inc.
Media Relations
Reed Wright
media@InsuraGuest.com

THE SOURCE: InsuraGuest Technologies Inc.

See the source version on accesswire.com:
https://www.accesswire.com/700677/InsuraGuest-Provides-Ski-Season-Results-for-ISG-Active

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Tesla financing rates are the lowest in the industry https://themekiller.me/tesla-financing-rates-are-the-lowest-in-the-industry/ Sat, 07 May 2022 03:44:54 +0000 https://themekiller.me/tesla-financing-rates-are-the-lowest-in-the-industry/ Why are Tesla’s financing rates and terms more attractive than those of other companies? Perhaps, like so many of Tesla’s efforts, it makes sense for the company to keep as many services and products in-house as possible. Tesla’s EVs come at a steep price, but their financing deals make them quite compelling against rivals in […]]]>

Why are Tesla’s financing rates and terms more attractive than those of other companies? Perhaps, like so many of Tesla’s efforts, it makes sense for the company to keep as many services and products in-house as possible.

Tesla’s EVs come at a steep price, but their financing deals make them quite compelling against rivals in the EV market. CarsDirect describes some very good news for potential Tesla buyers: if you choose a Tesla, you could get a surprisingly good deal, thanks to lower interest rates for the most popular all-electric cars than for other electric vehicles or legacy cars.

What is the end result of the Tesla funding?

You can go to a Tesla showroom to view and test drive the cars to imagine yourself behind the wheel. You’ll also feel like the tour is different from other trips you might have had at old car dealerships, as there’s no conflict of interest.

Tesla sells direct and eliminates a dealership markup, so as a Tesla buyer you save accordingly. Dealers who sell other cars earn a commission on each car sold, which incentivizes them to raise prices over what it costs them to buy the vehicles so they can make a significant profit.

from Tesla website helps new car buyers understand the payment methods available to get started in the electric vehicle buying process. To have your own Tesla, you can buy or lease your vehicle through the following internal Tesla options:

  • Lease — You can lease a Tesla for 24 to 36 months. Leasing is available to eligible customers. A lease may not be right for you for a number of reasons, including that Tesla’s leasing program no longer allows you to purchase the vehicle at the end of the lease — all Tesla vehicles delivered on April 15, 2022 or after are not eligible for purchase, and third-party dealers and third-party individuals are not permitted to purchase leased vehicles.
  • Cash – You can buy a Tesla by paying cash upfront for your new vehicle. Several options are available to make your final payment in time for delivery. But then again, not everyone has enough money to buy a Tesla.
  • Finance a loan – You can buy a Tesla by getting a loan from a Tesla financier (or third-party lender) for 36-72 months. The Tesla loan is available to approved applicants, depending on the state. For most individuals, a car loan is the logical step to Tesla ownership.

from Tesla online payment calculator reveals that its vehicles are available for financing with an interest rate of 3.24% APR. The term of this loan is 72 months. That means a nearly $50,000 Tesla Model 3, financed at 2.99% for 72 months, would cost about $4,500 more in interest. The Tesla quote includes a $1,200 destination fee but excludes taxes and other fees, and, who knows? Maybe you would get some sort of EV discount.

To note: Just so you know, a Tesla purchase does not qualify for a $7,500 US federal tax credit. US federal tax credits for plug-in electric vehicles have a volume threshold, so as soon as a company sells 200,000 plug-in electric vehicles in the US, the federal tax credit begins to be phased out over the course of the year. coming year. Tesla sold 200,000 all-electric vehicles in August 2018.

Tesla financing rates are lower than other electric vehicles, even in this fluctuating market. For example, Ford’s 6-year interest rates for the Mustang Mach-E can be as high as 5.9% APR on the GT version.

What is important to know when buying a Tesla

How do I get the best interest rate on a personal car loan? Buy a new car because they have always provided the lowest interest rates. You will need to have a solid credit rating and you should look for the best finance deal you can find. And, remember: it’s the total loan repayment amount, not the monthly payment, that should guide your final decision.

How can you keep the monthly payment low? Many people choose longer loan terms to lower the monthly payment, especially when upgrading to the premium car category.

What will be the costs of owning a Tesla over its lifetime? Electric vehicles are generally expected to cost less to maintain because their electric motors and other drivetrain components have fewer moving parts than internal combustion engines (ICEs) and they don’t require fluid changes. Guest contributor to Clean Technica describes how, in the first 100,000 miles of owning a Tesla Model S, repairs totaled around $1,050. A consumer reports Analysis of actual data on maintenance and repair costs shows that owners of battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs) pay half the price that ICE owners pay to repair and maintain their vehicles.

What variables are affecting EV buying right now? Although interest rates can have a big impact on a consumer’s costs, they are not the only variable. Buyers purchasing from a reseller may be subject to surcharges due to a global chip shortage or other supply chain shortages. Even though Tesla doesn’t use a traditional dealer network, the company has responded to supply chain issues with a few price increases.

What are the main reasons to buy an EV?

  • The total cost of ownership of an electric vehicle is much cheaper than an equivalent ICE car.
  • You’ll enjoy greater convenience because you won’t have to deal with all the maintenance appointments and repairs associated with an ICE (internal combustion engine).
  • You will join other environmentally conscious people who know that we can no longer use fossil fuels for personal transportation. In 2020, greenhouse gas emissions from transportation accounted for approximately 27% of total greenhouse gas emissions in the United States, making it the largest contributor to greenhouse gas emissions in the United States.
  • An EV consumes much more of the total energy it is “powered” with. An electric EV drive system is only responsible for one 15% to 20% energy loss compared to 64% to 75% for an ICE; the rest of the energy is lost to motor inefficiencies or used to power accessories. Electric vehicles also use regenerative braking to recover and reuse energy that would normally be lost during braking, and they don’t waste energy while idling.

Many observers wonder how Tesla paved the way for all-electric transportation with such dominance. Tesla offered innovative all-electric transportation before it became fashionable, and it continues to do so, with the field of competitors well behind and the likelihood of catching Tesla anytime soon rather remote.

And with Tesla’s finance charges more reasonable than other sources, what’s better than buying a new Tesla model from Tesla?


 


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What the future of SBA small business financing looks like in the San Francisco Bay Area https://themekiller.me/what-the-future-of-sba-small-business-financing-looks-like-in-the-san-francisco-bay-area/ Fri, 06 May 2022 19:13:13 +0000 https://themekiller.me/what-the-future-of-sba-small-business-financing-looks-like-in-the-san-francisco-bay-area/ This has made funding for growth and expansion more economically feasible than during and immediately after 2020. We believe this can be attributed to adequate pandemic relief coupled with strong results in 2021 for many industries here in North Bay. Georges Mavridis: From where I’m sitting, there hasn’t been much change or change. The types […]]]>

This has made funding for growth and expansion more economically feasible than during and immediately after 2020. We believe this can be attributed to adequate pandemic relief coupled with strong results in 2021 for many industries here in North Bay.

Georges Mavridis: From where I’m sitting, there hasn’t been much change or change. The types of companies and people who apply for SBA programs vary – or – are very diverse depending on the sectors and backgrounds. For example, we expected to see volume from restaurants, which have been among the hardest hit industries, but demand has recovered quickly.

Through government assistance programs such as Paycheck Protect Program (PPP) and Economic Injury Disaster Loan Assistance (EIDL), small businesses have access to working capital to cover rental costs, pay employees and manage their operations at short term. I’m proud to say that JPMorgan Chase was at the forefront of providing PPP loans to small businesses, funding over 400,000 loans totaling $40 billion.

Some business owners, especially existing businesses, are now focusing on ways to stay open for the long term, including expanding their business model to withstand any future disruption by acquiring new businesses.

Bob Thompson: Not really, although there are always ebbs and flows in lending to specific industries. Entrepreneurs have always been and will be risk takers looking for opportunities, whether in good times or bad.

Ole Tustin: During the pandemic, companies deemed “essential businesses” have performed well and have in turn requested new funds. Now that most of the other businesses are stabilizing (those that did not retreat), we are seeing a comeback of all types of businesses. Many of these stabilizing businesses are just hitting the 12-month positive cash flow milestone required for many SBA programs.

Overall, there has been an increase in demand, particularly in real estate purchases, but we are also seeing more business acquisitions. I think we see this because rates have been historically low, but also because what many businesses are going through during COVID has caused them to want to control their own future. SBA programs can really help foster that stability and planning for business owners.

Brian Wilken: I think the types of businesses applying for SBA loans have remained relatively consistent – ​​we see a broad network of industries coming to us at Wells Fargo, and that has remained the case for the past two years. Aided by some of the changes made by the SBA, we have seen an increase in refinancing opportunities from seasoned businesses over the past two years as clients seek to take advantage of a record low rate environment.

Now that we see rates rising as the Fed seeks to rein in inflation, refinancing opportunities are stabilizing again, and we plan to continue supporting business owners taking advantage of growth opportunities, including the expansion, ownership of buildings and other types of transactions.

Joseph Bois: We find that larger dollar transactions for SBA products go to more complex and sophisticated businesses that have larger annual revenues. Thus, SBA loans are definitely no longer considered only for small family micro businesses.

Paul Yomans: Yes, I think people started making different choices and one of them looked at his level of job satisfaction and the possibility of working for himself. SBA programs provide this opportunity with business acquisition loans and working capital to support new businesses. There seems to be a greater diversity of SBA customers, which tells me that many people have learned about the benefits of this type of loan with all the news about PPP loans.


Compiled by North Bay Business Journal researcher Michelle Fox.

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BCM Resources Corp. concludes a financing https://themekiller.me/bcm-resources-corp-concludes-a-financing/ Mon, 02 May 2022 23:18:39 +0000 https://themekiller.me/bcm-resources-corp-concludes-a-financing/ News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. VANCOUVER, BC /ACCESSWIRE/May 2, 2022/ BCM Resources Corporation (TSXV:B), announces the closing of a non-brokered private placement financing for gross proceeds of C$2,200,000 through the issuance of 10,000,000 units (“Units”) at a price […]]]>

News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here.


VANCOUVER, BC /ACCESSWIRE/May 2, 2022/ BCM Resources Corporation (TSXV:B), announces the closing of a non-brokered private placement financing for gross proceeds of C$2,200,000 through the issuance of 10,000,000 units (“Units”) at a price of 0, CA$22 per Unit.

Each unit consists of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”). Each whole warrant entitles its holder to purchase one common share of the Company at a price of C$0.33 for one year from the date of issue. All securities issuable are subject to a four-month hold period until August 29, 2022. Finder’s fees of up to 5% cash and 5% one-year warrants were paid on certain subscriptions. The private placement is subject to final approval by the TSX Venture Exchange.

Proceeds will be used to fund further exploration to discover the Thompson Knolls Porphyry Cu-Au-Mo system in Utah and G&A expenses.

About BCM Resources Corporation

BCM Resources Corporation is a diversified Canadian mineral exploration company focused on the continued exploration of the Thompson Knolls Porphyry Cu-Au-Mo project, its principal asset. BCM also controls potential copper, gold and molybdenum exploration projects in British Columbia. BCM Resources is managed by experienced and successful board members and advisors. For more information, including area maps, sections and photos, please visit our website at www.bcmresources.com or contact us by email at [email protected].

ON BEHALF OF BCM RESOURCES CORP.

Dale McClanaghan
Dale McClanaghan
Chairman and Chief Executive Officer and Director

For more information, please contact:
Investor Relations 604-646-0144 ext. 222
[email protected]
www.bcmresources.com

Caution Regarding Forward-Looking Statements:

This press release and related text and images on BCM Resource Corporation’s website contain certain “forward-looking statements”, including, but not limited to, statements relating to the interpretation of mineralization potential, results of drilling and assaying, future exploration work and anticipated results of that work. Forward-looking statements are statements that are not historical facts and are subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limited to: risks associated with fluctuations in metal prices; uncertainties related to raising sufficient funds to finance the planned works in a timely manner and under acceptable conditions; changes to the planned work resulting from weather, logistical, technical, governmental, social or other factors; the possibility that the results of the work will not meet expectations and realize the perceived potential of the Company’s projects; uncertainties related to the interpretation of sampling and drilling results and other tests; the possibility that required permits and access agreements may not be obtained in a timely manner; the risk of accidents, equipment failures or other unforeseen difficulties or interruptions, and; the possibility of cost overruns or unforeseen expenditures in such exploration programs.

THE SOURCE: BCM Resources Corporation

See the source version on accesswire.com:
https://www.accesswire.com/699845/BCM-Resources-Corp-Closes-Financing

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Town Halls, Website Added to Discuss and Gather Feedback on District Infrastructure Needs, Funding and Contingent Obligation – Press and Guide https://themekiller.me/town-halls-website-added-to-discuss-and-gather-feedback-on-district-infrastructure-needs-funding-and-contingent-obligation-press-and-guide/ Sun, 01 May 2022 05:29:32 +0000 https://themekiller.me/town-halls-website-added-to-discuss-and-gather-feedback-on-district-infrastructure-needs-funding-and-contingent-obligation-press-and-guide/ Dearborn Public Schools added two additional town halls to present information and gather feedback on infrastructure needs in the district, how to pay for repairs and improvements, and whether residents would support a vote for a bond or other tax mileage. to meet these needs. The two new dates are: •May 4 at 3 p.m. […]]]>

Dearborn Public Schools added two additional town halls to present information and gather feedback on infrastructure needs in the district, how to pay for repairs and improvements, and whether residents would support a vote for a bond or other tax mileage. to meet these needs.

The two new dates are:

•May 4 at 3 p.m. at River Oaks Elementary School.
• May 6 at 10 am at Salina Middle School.
The first meeting was held last week at Edsel Ford High School. Residents can view the presentation used in the meeting at https://bit.ly/3ETewmc.

Residents can also fill out an online Google form to share what they see as the district’s top infrastructure needs and provide feedback on how the district should fund the work.

Meanwhile, to help residents better understand issues related to school facilities and funding, the district is launching a new facilities planning webpage (https://dearbornschools.org/facilities-planning/).

The slide presentation used at town hall meetings is already posted, and the district expects to add a wealth of other information soon, including reports to the school board and information shared with the citizens’ committee, called the vision for infrastructure and planning.

The information gathered during the survey and public meetings will be presented to the school board at its regular meeting on May 9 at 7 p.m.

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Africa faces infrastructure financing gap of $108 billion a year, says Akinwumi Adesina https://themekiller.me/africa-faces-infrastructure-financing-gap-of-108-billion-a-year-says-akinwumi-adesina/ Fri, 29 Apr 2022 13:21:00 +0000 https://themekiller.me/africa-faces-infrastructure-financing-gap-of-108-billion-a-year-says-akinwumi-adesina/ Akinwumi AdesinaPresident of the African Development Bank (AfDB), says Africa faces an infrastructure financing gap of $68 billion to $108 billion a year. Adesina said the situation persisted despite collective efforts to bridge the gap. According to a statement on the AfDB’s website, Adesina said this when US Treasury Secretary Janet Yellen hosted G-7 ministers […]]]>

Akinwumi AdesinaPresident of the African Development Bank (AfDB), says Africa faces an infrastructure financing gap of $68 billion to $108 billion a year.

Adesina said the situation persisted despite collective efforts to bridge the gap.

According to a statement on the AfDB’s website, Adesina said this when US Treasury Secretary Janet Yellen hosted G-7 ministers and heads of multilateral development banks on Tuesday.

Speaking at the virtual roundtable, Adesina said the AfDB has committed over $44 billion to infrastructure across the continent over the past six years.

According to him, the money was channeled towards the development of critical areas such as transport, energy, water and sanitation.

Offering solutions to close the infrastructure financing gap in Africa, the AfDB The President said that efforts should be made to mobilize institutional investors and improve public infrastructure financing.

Others include attracting the private sector, mobilizing finance for green infrastructure, addressing risk and stretching the balance sheets of multilateral development banks.

Adesina also said that project preparation facilities were essential to the development of bankable infrastructure projects, adding that one of the main challenges of infrastructure projects was to advance commercially viable projects to financial close.

He added that more should be done focusing on local currency financing of infrastructure.

This, he said, could contribute to debt sustainability, as most of Africa’s debt today is due to infrastructure financing.

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Farmers To You finds a silver lining in the tumultuous years of the pandemic https://themekiller.me/farmers-to-you-finds-a-silver-lining-in-the-tumultuous-years-of-the-pandemic/ Sun, 24 Apr 2022 16:54:36 +0000 https://themekiller.me/farmers-to-you-finds-a-silver-lining-in-the-tumultuous-years-of-the-pandemic/ Farmers to You workers pack food at the company’s headquarters in Middlesex. Farmers To You connects farmers and food producers in Vermont with customers in the Boston area. Photos by Erica Housekeeper. by Janice St Onge, Vermont Flexible Capital Fund “Our mission has not changed,” said Greg Georgaklis, founder of Peasants to you“but the world […]]]>

Farmers to You workers pack food at the company’s headquarters in Middlesex. Farmers To You connects farmers and food producers in Vermont with customers in the Boston area. Photos by Erica Housekeeper.

by Janice St Onge, Vermont Flexible Capital Fund “Our mission has not changed,” said Greg Georgaklis, founder of Peasants to you“but the world has.”

Launched in 2009, Farmers To You connects farmers and food producers in Vermont with customers in the Boston area. Similar to a CSA, the platform lets people buy groceries directly from farmers and small food producers in Vermont, but differs in that customers can order items a la carte and pause deliveries. if needed.

The mission in 2009 was to create a regional food system – something between hyper-local and large-scale industrial – that would allow families and farmers to feed and support each other.

Greg Georgaklis, founder of Farmers to You, founded the company in 2009. The mission was to create a regional food system – something between hyper-local and large-scale industry – that would empower families and farmers to feed and support each other.

“That hasn’t changed,” Georgaklis said, “but the last few years have been a wild ride.”

When COVID-19 hit in the spring of 2020, Farmers To You sales more than doubled in four weeks. “We have gone from feeding 800 families per week to 1,200 families per week, and the average order size has increased significantly,” Georgaklis said.

At the same time, local farmers and producers were looking forward to a season without farmers markets or their usual orders from restaurants. “There was panic on both sides,” Georgaklis said. “We’ve had growers call us desperate saying eighty percent of their business is gone. On the other hand, we had more requests than ever before.

Farmers at you stepped up

Georgaklis has doubled its staff to keep orders flowing. He began promoting producers like Valicenti Pasta Farm, who were particularly reliant on farmers’ markets, and worked with Red Hen Bakery to add quiches, soups and baked goods to the menu offerings. “We were working ridiculous hours, but it was worth it,” he said. “Producers like Valicenti have quadrupled their sales with us.”

As word spread, Farmers To You had to start putting new customers on a waiting list, which grew to over 4,000 in the early months of the pandemic. Based on the growth trajectory, the company made the decision to move to a larger facility where it could expand.

Farmers to You employees at work at company facilities in central Vermont. Similar to a CSA, the platform lets people buy groceries directly from farmers and small food producers in Vermont, but differs in that customers can order items a la carte and pause deliveries. if needed.

This was the company’s second expansion and relocation. In 2013, the Vermont Flexible Capital Fund (“Flex Fund”) provided $305,000 in royalty funding (also known as revenue-based funding) to Farmers To You and brought in an additional $45,000 from investors to patient impact to support the company’s first expansion from a barn. in the back yard of Georgaklis at a facility in central Vermont. The funds also enabled Farmers To You to purchase additional equipment, add key staff, and streamline the website and ordering system. Georgaklis repaid the loan in full in 2020, just before the pandemic.

By the time the second move and expansion was complete, however, the lockdown was over and people were heading back to supermarkets to do their shopping. “We started taking people off the waitlist and it was a big yawn,” Georgaklis said. He also noticed that some people who joined at the start of the pandemic were canceling their membership. “It was tough,” he said. “We worked so hard to increase capacity and then the demand wasn’t there. We had to take a break. »

The silver lining

Despite declining demand since peaking in the spring of 2020, Farmers To You has maintained revenue from 2020 to 2021. They currently serve 2,000 families in the Boston area and have facilitated over $12.5 million in sales for regional farmers and food producers since 2010, $4.8 million. of this over the past two years. More importantly, says Georgaklis, the pandemic has proven that the model can scale, and quickly. “We doubled during the pandemic and we can double again without any problem,” he said.

“I’m glad the model is working,” he said. “We had to make some adjustments, but we can be sustainable and there is room for expansion. In the market, the large scale industrial food system has shown its flaws and it will only get worse as they don’t even try to fix the problems. It gives me hope that we will be held to account, not overnight, but slowly over time.

Georgaklis also hopes for a budding alliance between Farmers To You and other similar organizations across the country. “Many of us started with local, slow money, like we did with the Flex Fund,” he said. “People who are more concerned with their impact on the local landscape than making big profits.”

The group talks about how to form an alliance to help each other grow. Georgaklis has invested heavily in the backend of its website, for example, and is ready to share this technology. “We’ve already spent the money, so let’s see how they can use the software and we can all improve together,” he said. “We’ve all gone it alone for a long time, and now it’s time to collaborate so we can evolve in a way that’s consistent with the human element.”

In 2013, the Vermont Flexible Capital Fund provided $305,000 in royalty funding to Farmers To You and brought in an additional $45,000 from patient impact investors to support the company’s first expansion of a backyard barn. rear of Georgaklis to a facility in central Vermont.

About the flexible capital fund

the Flexible Capital Fund, L3C is a Community Development Financial Institution (CDFI) and an impact investment fund that provides flexible venture capital in the form of subordinated debt, revenue-based financing (also known as royalty financing) and structures of alternative capital, to growth-stage businesses in Vermont and the region’s food systems, forest products, and clean technology sectors.

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