Siena Lending Group Closes Credit Facility With Wells Fargo Capital Finance

Bridging Finance And Innovation To Advance A Green Revolution In Africa

Our funding from Wells Fargo is a key component that will help us expand and meet our business objectives.” About Siena Lending Group Siena Lending Group is an independent commercial finance company offering asset based loans between $1 and $20 million to small and middle market businesses across the United States. Siena also offers a turn-key servicing platform, which provides an attractive asset based product for community and regional banks that desire improved operating metrics and asset diversification. Siena’s independence as a finance company allows innovative & flexible solutions, while allowing its customers to maintain a relationship with their own bank. Siena’s management team is experienced, innovative, dependable, entrepreneurial, and highly regarded within the industry. The team has over 140 years of combined experience and has transacted over $10 billion in facilities.

Vimpelcom hires former Verizon Wireless finance chief

One such model, known as credit guarantees, was pioneered by The Rockefeller Foundation and has been taken to scale by Agra with promising results. For example, the Nigeria Incentive-Based Risk-Sharing System for Agricultural Lending (Nirsal) offers strong incentives and technical assistance to banks, building the confidence and agricultural understanding of lenders with the goal of increasing the percentage of bank lending to farmers and agricultural enterprises from 1.4 percent to 7 percent in the next 10 years. Nirsal has already helped to unlock additional investment: earlier this year, USAID and the Nigerian government each provided guarantees to increase private financing and leverage up to $100m in commercial lending. These innovative finance models will go a long way to replicate and scale many of the agricultural innovations already happening across the continent.

Hedge funds, as their high profits and losses indicate, take the risks that no one else will, and their profits/losses provide precious market signals telling investors where capital is needed, and where its not. To put it very simply, there are no companies and there are no jobs without the commitment of investment first, and hedge funds force a more efficient allocation of capital. Its not broadly understood this way, but hedge fund billionaire John Paulson not only saved jobs, but the billions he earned surely created new ones. Paulson took a big risk based on a strong belief that lending toward and consumption of housing had gone overboard, and the massive profits that confirmed his thesis told those with capital to steer it away from housing.

George Clooney Ought To Stick To Filmmaking, And Leave Finance To Daniel Loeb

Vimpelcom has focused on improving its market share in Russia, which accounted for two-fifths of its revenue last year, by cutting costs and boosting network quality. Vimpelcom’s shares were up 5 percent by 1720 GMT, outperforming MTS which was trading 0.2 percent higher. LISTING SWITCH Vimpelcom, which listed its shares on the New York Stock Exchange in 1996, said on Wednesday it was moving to rival Nasdaq to be included into several technology indexes and to save costs. “There are many TMT (technology, media and telecoms) companies present on Nasdaq … and we think it is a natural step for Vimpelcom to be included into that very strong group of companies,” Vimpelcom Chief Executive Jo Lunder said in a telephone interview.


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