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SoMoLend is a super savvy company with patent-pending peer to peer lending technology. They leverage a patent-pending lending technology executed within a hyper-localized geographic scope (we...
CEO Ryan Caldbeck says, “We started CircleUp to help great consumer brands find the capital they need to grow.Partnering with SoMoLend provides us another resource to offer businesses, when a...
Candace Klein, a former lobbyist, was among a key advocate for a recent federal crowdfunding bill, which President Barack Obama signed into law in April. It eliminates a rule that limited the...
“Our partnership with crowdfunding site- SoMoLend provides an optimal way of sourcing good deals that lead to investment in small businesses and job creation in a comprehensive way,” said...
Here are 6 female founders to watch building solutions to help crowdfund the dreams of the next generation: -Education-minded entrepreneur "Andrea Lo" launched Piggybackr....
This week, peer-to-peer online lending platform SoMoLend closed a $1.17 million dollar investment round led by a non-profit Cincinnati based venture investment group.
After offering my congratulations, I posed a few questions to SoMoLend founder Candace Klein:
“There are so many talented entrepreneurs out there with fantastic business ideas, but gaining financing might be the hardest obstacle they face. We want to encourage innovation and recognize...
SoMoLend announces that Hyde Park Body Boutique has been chosen as the winner of the first SoMoLaunch Business Competition. Their winning business plan, Hyde Park Body Boutique will receive a...
SoMoLend and GATE Global Impact formalized a deal that will make investing in business expansion and job growth easier than ever for the nation’s investors and small businesses. The new alliance...
Candace Klein founded SoMoLend in 2011 when she saw the need for small business to have alternative funding options. The SoMoLend crowdfunding platform enables small businesses to secure loans from...
Some interesting data about crowdfunding was released this week by the American Dream Composite Index, or ADCI, (www.americandreamcompositeindex.com), a statistical measure of the American Dream...
CEO Candace Klein discusses the market opportuities for SoMoLend's Web- and mobile-based P2P lending platform and the next steps for crowdfunding.
SoMoLend, which connects entrepreneurs with investors, already has arrangements with seven banks in the St. Louis area and will award at least one $1,000 prize to the company with the best business...
Candace Klein believes that securities laws were put in place in 1933 and 1934 for very good reasons. While current securities regulators do not have the tools in their toolbox to adequately make...
Candace Klein explains the JOBS act and the history that was made on April 5th, 2012. Entrepreneurs are now able to find financing outside of banks, and investors can lend to people they believe in.
The following comes to us courtesy of Candace Klein, founder of SoMoLend and securities attorney Sean Peppard from Ulmer & Berne, LLP. This should answer some of the questions that came up during Monday's live chat on the JOBS Act and crowdfunding in the U.S. moving forward.
Yesterday we posted a piece from Candace Klein of SoMoLend and securities attorney Sean Peppard on how the crowdfunding portions of the JOBS Act will unroll over the next several months. Today we follow up with some more detail from attorney Mike Liles, Jr. of the firm Karr, Tuttle and Campbell.
American Dream Composite Index gives initial view into some ethnicity, age and socio-economic-based factors affecting one’s interest in investing in crowdfunding
The Jumpstart Our Business Startup Act will expand the pool of lenders and investors in startup companies by reducing their reliance on banks and other established institutions for access to...
Crowdfunding will let small investors get stock in small companies. But offering equity is not the only way to crowdfund under the new JOBS Act. The new act may also enable microlending, according...
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