It’s in this context of stormy seas for the industry that one market player, Able Lending, announced it secured $100 million in debt financing from Community Investment Management (CIM), money that will be lent out to an estimated 500 SMEs in the country.
Big money in Austin, Texas, is turning its eyes toward the Grand Rapids small business scene. Austin-based Able Lending recently announced it was committing to lend $5 million to about 20 small businesses in Michigan. The money marks Able's launch in Mich
5 Million in Lending Available to Small Businesses Able Lending, a fintech startup headquartered in Austin, has announced $5 million dollars in funding available to Michigan based startups and small businesses. The company is the lowest-cost non-bank lend
In partnership with The Michigan Small Business Development Center, Austin, Texas-based Able Lending, an online lending platform for small businesses, is committing $5 million to fund Michigan businesses, particularly startup enterprises and budding entre
FLINT, Mich.--()-- Able, the lowest-cost non-bank lender in the nation for small businesses, today announced its commitment of $5 million to fund Michigan businesses and its official launch in the state. This week, Able is on a three-city tour in Flint, G
DALLAS--()-- Able, the lowest-cost non-bank lender in the nation for small businesses, today announced its commitment of $5 million to fund Dallas-Fort Worth area small businesses. Tonight, Able is hosting a "Eat, Drink & Get Funded" launch event hosted b
Able Lending Inc., a national low-cost alternative lender to small businesses, announced on Monday a $5 million commitment to an estimated 20 small businesses in Dallas-Fort Worth. It will kick off the program Monday night at the "Eat, Drink and Get Funde
After a successful pilot in Dallas, an Austin-based online loan lender, that bases its rates on crowdfunding efforts, has committed $5 million for investment in Dallas-area startups. During the pilot, Able, founded in 2014 and led by CEO and co-founder Wi
After one of Able Lending's borrowers was decieved by another company's "15% specified percentage," Able decided to launch an APR calculator and a small business refi product to bring more "sunlight" to the space.