Opportunity Fund Launches $500,000 Start-Up Funding Challenge to Help Bay Area Small Businesses Get Off the Ground


San Francisco, CA (PRWEB) March 21, 2013

Today, Opportunity Fund announced their Start-Up Funding Challenge to help Bay Area businesses get off the ground. For a limited time, the organization is lending up to $ 500,000 to local start-up entrepreneurs, who are either launching their businesses or have less than a year of sales. At 7.5% interest and no loan fees, the challenge aims to offer financing that is hard to come by for most start-ups at an affordable rate.

Getting the access to necessary capital is a huge hurdle for most businesses that are starting out. And 45% of businesses fail due to lack of financing, said the groups Vice President of Lending, Marco Lucioni. With banks often unwilling to lend to start-up businesses, many people turn to friends and family, or high-interest credit cards. Opportunity Fund is seeking to help those businesses get off the ground and running, putting them in a position to succeed for the long-term.

Last years Start-Up Funding Challenge winner, Rachel Myers, started her dream business, the Home D?cor Learning Center in Concord, California. Rachel began teaching upholstery at Mt. Diablo Adult Education in 2007. In 2009 she and her students found out the program was going to be cut. Confident in the demand for her instruction, Rachel developed a business plan to offer classes on her own, but she couldnt find the funding to make it a reality until applying to the Start-Up Funding Challenge.

Rachel was able to borrow $ 30,000 in order to move into a new warehouse space. I remember being on the phone with Opportunity Fund, and I was in a state of disbelief about getting the loan. I wouldnt have been able to start this without Opportunity Fund. Or we would have gone so far into debt it would have been ridiculous, said Rachel.

Entrepreneurs like Rachel will be able to apply to Opportunity Funds Start-Up Funding Challenge through March 31st. The winners will be selected by a panel of Bay Area business and philanthropy leaders, and will be announced in April. For more information, please see http://www.opportunityfund.org/startup.

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Press inquiries: Caitlin McShane, 408-512-2211 (o), 415-225-8855 (c), caitlin(at)opportunityfund(dot)org

Loan inquiries: Tim Hatfield, 408-516-4701 (o), startup2013(at)opportunityfund(dot)org

Opportunity Fund is a not-for-profit social enterprise helping thousands of California families build financial stability. Our mission is to advance the economic well-being of working people by helping them earn, save and invest in their future. Our strategy combines microloans for small businesses, microsavings accounts, and community real estate financing. Now California’s leading microfinance provider, Opportunity Fund began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making our first loan in 1995, our team has deployed over $ 279 million into our communities.







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The Chris Lofthus Group Launches Comprehensive Research Tool for Boise Idaho Real Estate


Boise, Idaho (PRWEB) February 16, 2013

The Chris Lofthus Group, a Boise Idaho Real Estate agency released a comprehensive real estate web tool, The Market Insider, that allows prospective home buyers to research relevant statistical data on community neighborhoods. Prospective home buyers can gain valuable insight into a community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. An interactive map with click and drill capabilities can be used to locate points of interest like shopping, restaurants, and healthcare services.

Todays real estate buyer spends a significant amount of time researching communities on the internet before engaging directly with a Realtor. The new home real estate research tool provides a full service information source where potential buyers can do most of their basic home buying research. The key categories, from market analysis, community information, local schools, compare areas, and insider tips are broken down in sub categories that can be sort by zip codes.

Chris Lofthus noted that This is the best tool on the web for the home buyers in the real estate industry.” He added that “Our clients that spend time in the Market Insider are better prepared in the buying process. Not only do they know what they want, but it allows my team to focus exactly on what the client goals are for a home in Boise.”

For market analysis, the tools provides trend lines for home prices sold verses listed, market inventory trends, property ownership statistics, as well as overall information on median listing prices, days on market, active listings and distressed listings. An interactive map shows all the data points (current homes sold or for sales) and allows the user to drill into specific home pricing information or just simple view homes for sale. This is the most comprehensive tool on the web for the Treasure Valley, including Boise, Caldwell, Eagle, Meridian, Star, and surround communities.

About Chris Lofthus Group LLC

The Chris Lofthus Group LLC was form to provide buyers and sellers of Boise and Eagle Real Estate a vigorous approach to achieving result when buying or selling. Chris and his team maintain a vibrant marketing presence and approach (both digital and relationships) that ensures sellers the maximum exposure and value for their properties. A former PGA golf professional, Chris and team know how to bring a competitive and tactical edge for business and families looking to relocated to Boise or Eagle Idaho. The Chris Lofthus Group is associated with Keller Williams Realty Boise.

The Real Estate Radio Show for Boise and the Treasure Valley is hosted by Chris Lofthus and covers a variety of frequently ask questions about Boise, Meridian and Eagle real estate. Chris’s guest speakers include local banks, financial managers, and a variety of local builders that help listeners make the best decision about one of their most important purchases, a home. Real Estate Radio show hosted by Chris Lofthus has consolidated its 2012 programming located at http://chrislofthus.com/real-estate-radio/ .

Contact:

Chris Lofthus

1065 s Allante Place

Boise, Idaho, 83709

208 514 3243

Website: http://chrislofthus.com/







Fairway America launches its newest mortgage pool and real estate asset based mutual fund, Fairway America Fund VI, LLC


Portland, Oregon (PRWEB) February 07, 2013

Fairway America, LLC (Fairway) announces the launch of its sixth and latest proprietary investment fund, Fairway America Fund VI, LLC (Fund VI). Fund VI is a nationwide investment fund focusing on small balance commercial and investment real estate loans and opportunistic real estate based assets. Fund VI will seek to leverage Fairways relationships with clients and sources from around the country created through its thriving private lending mortgage pool fund advisory and consulting practice.

Fund VIs strategy is to create a conservative and highly diversified, income producing portfolio of small balance real estate based assets with a focus on commercial and investment real estate loans. We are looking to partner with the right people who have demonstrated a clear track record of success and who have a similar philosophy and culture to our own, said Matt Burk, founder and CEO of Fairway and Chief Investment Officer of Fund VI. Competency, integrity, and transparency are extremely important to us as an investor and are the keys to success in todays highly competitive private fund world.

After having launched and managed its then largest fund and related $ 50,000,000 institutional credit facility during the 2008 financial crisis and its aftermath, Fairway spent the better part of the past two years successfully working through that funds capital structure and portfolio of assets. 2008 to 2012 was a very challenging period and we are very proud of our performance during what was by far the most difficult combination of conditions of my lifetime. It is nice to be playing some offense again. Fund VI is now actively seeking to make new investments in a measured and opportunistic fashion.

Being one of a limited number of industry players in the small private fund space to survive intact the upheaval in the real estate and capital markets during the Great Recession, Fairway successfully morphed its business model to bring its expertise, experience, and systems to other private lending industry players. Our strategy is to help other small balance operators around the country make the transition from doing deals one investor at a time to doing them in more effective and efficient capital structures said Burk. The response to our advisory and consulting practice has been overwhelming and gives us tremendous access to best-in-class operators and quality deal flow for Fund VI. We are very excited to leverage all of our experiences and lessons we have learned and incorporate them into the fabric of Fund VI.

About Fairway America

A long-time real estate lender, fund manager and boutique real estate finance advisory firm providing strategic business planning services nationwide to select private money lenders and real estate operators around the structure, architecture, and administration of proprietary 506 Reg D funds.







Global Tower Partners Launches First Geothermal Cooled Cell Site in the U.S.

Boca Raton, FL (PRWEB) January 11, 2013

Global Tower Partners (GTP) today announced that it has deployed the first geothermal cooled wireless site in the United States in partnership with REHAU, a Leesburg, VA systems and service provider for polymer-based solutions. The stealth, alternative energy site resembles the color and texture of the original concrete Bluemont Grain Elevator built in 1900.

To create a much-needed cellular site that maintains the historical look and feel of this Virginia village was a huge undertaking, stated Tim Dennis, GTPs Site Development Director on the Bluemont project. After spending eight years to see this project through to fruition, weve created an infrastructure to serve thousands of wireless customers while preserving the significance of Bluemonts history and providing an environmentally-friendly energy solution at the same time, added Dennis.

Verizon Wireless has signed a Master Lease Agreement to add service to this tower located at 18293 Railroad Street, joining AT&T and Roadstar.

This solution provides an environmentally-sound cooling and heating system by utilizing the sub-surface conductive heat transfer where naturally-renewable temperatures of the earths crust are used as a heat sink in the summer months and a heat source in the winter, stated Bernard Borghei, GTPs Sr. VP of Operations. The solution is suitable for controlling the climate of a large structure such as the Bluemont site to provide an efficiently-produced and stable climate environment for our tenants equipment inside this historic building, added Borghei.

GTP previously deployed its first alternative energy solution in 2011, in partnership with Design Energy Alliance, at one of its fully generator-powered cell sites located in Sleeping Beauty, CA.

About Global Tower Partners

Global Tower Partners (http://www.gtpsites.com), based in Boca Raton, Florida, is one of the leading providers of outsourced antenna site facilities to the wireless communications industry in the United States. GTP’s business includes the ownership, development, leasing and management of antenna sites on towers and commercial real estate rooftops. GTP owns, manages, or master leases more than 15,000 wireless sites. GTP’s customers are leading wireless communications providers including AT&T, Sprint-Nextel, Verizon Wireless, T-Mobile USA, Leap Wireless, Clearwire, US Cellular, Metro PCS, Claro and Telefonica.

About REHAU

REHAU delivers Unlimited Polymer Solutions, and is the premium worldwide brand for polymer-based innovations and systems in construction, automotive and industry. The independent, privately held company generates continuous growth through its expertise and innovative capabilities in materials development, systems design and surface technology. Approximately 17,000 employees at more than 170 locations around the world contribute to the success of high-profile construction projects and globally respected brands such as Steelcase, Mercedes-Benz and Airbus.

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CB&S Bank Launches its Completely Redesigned Website


Russellville, Alabama (PRWEB) December 20, 2012

CB&S Bank is excited to announce the launch of its newly redesigned website. The new site features a fresh look, easy navigation and all necessary information on the suite of consumer and commercial banking products that are offered at CB&S Bank.

The new website offers internet banking, online bill pay, and various other personal and business banking services. The new site utilizes the latest security standards to ensure for safe and secure browsing on the CB&S portal. All CB&S social media is integrated into the website, thus allowing for customers to easily access all of the latest information and news on the bank. You can visit the new site at: https://www.cbsbank.com

CB&S Bank is a $ 1.25 billion leading community bank; headquartered in Russellville, Alabama, operating 42 branches in the Alabama, Mississippi, and Tennessee markets. CB&S Bank employs approximately 450 people company-wide, and offers a complete line of full-service banking products and other related financial services to retail and commercial customers.

CB&S Bank was incorporated as Citizens Bank on February 28, 1906 and opened its doors for business on March 3, 1906. CB&S Bank has partnered with its retail and commercial customers for over 100 years. As the Internet age dawned, CB&S Bank expanded both in the real world and into cyberspace. Since the year 2000, the bank has opened dozens of branches in the neighboring states of Tennessee and Mississippi.

Personal Banking at CB&S Bank

Whether one seeks to open a checking account, savings account, CD or IRA; they will find that CB&S Bank is one of the top options to address a customers personal banking needs.

Checking Accounts

CB&S Bank offers many different types of checking accounts to meet the differing needs of consumers. The various types of checking accounts offered include Free Checking, Interest Checking, Premium Checking, Student Checking, & Prime Advantage Checking.

Savings Accounts, CDs and IRAs

CB&S Bank offers savings accounts, CDs, and Individual Retirement Accounts. One will be able to find all of the necessary information about these accounts on the CB&S website, or at the local CB&S branch.

Business Banking at CB&S Bank

Having grown from a smaller bank in farm country, CB&S has a long history of partnering with businesses of all sizes. With growth has come an additional comprehension of the services needed for expanding businesses that are looking to adapt to the ever changing conditions in the business marketplace.

The types of business checking accounts available at CB&S Bank are numerous and varied. Each seeks to address a particular facet of the business world for CB&S customers. The business savings opportunities include a Simplified Employee Pension (SEP) plan, as well as traditional business savings accounts. CB&S Bank also provides treasury management, merchant services, and other critical business services.

Lending

CB&S Bank offers various types of loans for consumers and businesses throughout Alabama, Mississippi, and Tennessee. These loans include home mortgages, home equity lines of credit, auto loans, personal loans, commercial lines of credit, commercial real estate loans, and various other types of secured and unsecured instruments.

Internet Banking

The internet banking functionality at CB&S Bank is one of the most popular features offered to its customers. Customers can do just about everything that they need through CB&S Internet Banking. The customer can access their CB&S Bank account from across the world, and functionality includes paying bills and ordering checks online.

CB&S Bank is committed to helping their customers adapt to the new banking world in cyberspace. They offer client education in Internet banking and in the prevention of ID theft. Customers and potential customers can learn more about these topics online at: https://www.cbsbank.com







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