LendStreet mentioned in American Banker.
Lend Academy – LendStreet recently closed a significant funding round as it looks to help struggling consumers get back on their feet.
PR Newswire – LendStreet Closes $7 Million Equity + $110 Million Debt Financing to Support Growth and Mission to Improve US Consumers’ Financial Health.
Medium – Natural disaster, financial crisis, and a personal mission to drive change led LendStreet CEO Jerry Nemorin to launch a company to help Americans in need of debt relief.
Black Enterprise – LendStreet announced today it raised a $28 million credit facility from FLOCK Specialty Finance. This capital infusion will allow the company to help even more consumers get out of debt. “FLOCK’s capital allows us to begin scaling our loan portfolio and expand our customer pipeline”, LendStreet CEO Jerry Nemorin says.
Fast Company – LendStreet mentioned in article about how you can use your MBA for good.
Press Release – LendStreet today announced it has raised a $28 million facility from FLOCK Specialty Finance to fund loans on its site. The company will use the funds to help more consumers restructure debt and improve their financial health. (more…)
Bankless Times – Jerry Nemorin, the founder and CEO of LendStreet, elaborates on his company’s commitment to provide relief for the millions of Americans that are afflicted with burdensome debt. Along with its loan program, LendStreet is also developing tools which help people better understand and manage their credit – teaching them, for example, that not all credit is bad and if you can cheaply obtain the best credit rates you can build assets instead of creating liability.
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