Posts tagged ‘Million’

Feds good Clarity Services Inc. $8 million for consumer credit violations

Feds good Clarity Services Inc. million for customer credit violations
The customer Financial Protection Bureau (CFPB) these days took activity against an all over the country credit rating business, Clarity Services, Inc., for illegally getting consumer credit reports and stated the organization additionally violated what the law states by failing continually to …
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'Hiccup' in economic growth expected this current year — World Bank
Ahmed Attiga, regional supervisor and head of goal within World Bank's Global Finance Cooperation in Jordan and Iraq, said Jordan's recent launch associated with credit bureau is a success for country because will increase access to fund …
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Sketched: Why Is Your Credit Rating
Numerous lenders depend one, two or all three associated with the major credit agencies to determine FICO Scores, applying FICO's formulas into the credit information they usually have on file in regards to you. Since each bureau might have somewhat various information regarding you, the results …
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Rinse Raises $3.5 Million to carry top-notch Clothing Care to Closets in SF and Beyond

San Francisco, CA (PRWEB) June 10, 2015

The actual only real service that you can trust to clean and take care of any element of your wardrobe, Rinse, raises $ 3.5 million in seed capital to grow its coverage area, service choices, also to still provide a best-in-class buyer knowledge. Offered at, on iOS, and Android, Rinse helps make the hassle of washing time and trips toward dried out cleaner a thing of history by providing a convenient delivery system combined with a suite of services including dried out cleansing, launder & hit, hang dry, leather care, repairs, and contributions.

Rinse credits its stellar reputation, in part, to your application of a strict, five-step vetting process used to recognize potential cleansing partners making sure that only the most readily useful of the greatest receive the opportunity to become a part of the Rinse household. Specialized in putting customers’ clothes most importantly, the Rinse team communicates each step of this process, including emailing pictures regarding the products picked up and arranging solution conveniently through SMS.

Their particular uniquely clear and unparalleled service captured the attention of noted investors including Arena Ventures, ff Venture Capital, Great Oaks Venture Capital, Accelerator Ventures, MESA Ventures, Expansion capital raising, Rothenberg Ventures, Base Ventures, construction Capital, Otter Rock Capital, and a select band of angels inside manner business including founders and professionals at Bonobos, Weddington Method, MeUndies and ThirdLove. With this round, Rinse is poised to start brand-new markets and expand its solution offerings.

Rinse’s commitment to providing quality care starts featuring its individuals. “We purchase finding and training more competent sellers and valets so we can provide the very best buyer experience possible,” states Ajay Prakash, co-founder and CEO of Rinse. As part of that investment, all Rinse’s valets are W-2 workers, instead of the industry-standard usage of technicians. “We’re stoked up about the truly amazing group we’ve built to date and appear forward to applying this financing to take Rinse to brand new areas and continue steadily to supply an incredible knowledge for our clients.”

Rinse’s dedication to price and responsibility expands beyond its consumer and employee base towards community in particular. To date, Rinse has recently conserved san francisco bay area a lot more than 1MM gallons of water through its laundromat partners’ using eco forward processes. Today poised to introduce next in la, Rinse is preparing to be an even larger part of the answer to California’s liquid conservation crisis.


Rinse delivers the highest high quality garments take care of people who care about their garments. Rinse has created a flexible pick-up and delivery knowledge because of its customers, offering door-to-door service to suit their busy routine. Each product is cleaned and thoroughly inspected before becoming delivered back into customer. Rinse mends buttons and simple tears totally free, and works directly with consumers on larger fixes. Established by Ajay Prakash and James Joun, Rinse is one of trusted, easiest clothes attention provider nowadays. Join Rinse on the web, or via its cellular app on iOS or Android os. For information, kindly go to

Ziegler Closes $2 Million Financing for Life Church

Chicago, IL (PRWEB) April 24, 2015

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $ 2,000,000 Series 2015 Bond issue for Life Church, Walla Walla, Washington, a new client to Ziegler.

Life Church was founded in 1997. The church leased space at a local YMCA before acquiring a facility in 2002 located on 3rd Avenue in Walla Walla. Under the church’s current leadership, weekly worship attendance has grown to approximately 800. Due to the significant growth, leadership searched for a larger ministry facility. In September 2014, the church entered into a contract to acquire a commercial property located nearby on 9th Avenue and developed a plan to sell the current 3rd Avenue church site and lease it back until the acquisition and facility improvements to the new facility site were completed.

In December 2014, the church sold the 3rd Avenue location and subsequently closed on the purchase of the 9th Avenue site in January 2015. The purchase of the new church site was funded with cash of the church and an interim bank loan. Proceeds from the sale of the 2015 Series Bonds were used to pay off the interim bank loan and to fund the first phase of improvements being made to the 9th Avenue site. The first phase of facility improvements will include the construction of a 700-seat sanctuary space, the build-out of a foyer, and the completion of site improvements, including site landscaping, the expansion of the site’s paved parking capacity from 95 spaces to 206 spaces, storm drainage, a new concrete drive approach, and exterior finishes to the building. Upon completion of the facility improvements, the church will relocate ministry operations from the 3rd Avenue site to the new 9th Avenue site.

“With an average weekly attendance of about 800, the church has outgrown the 3rd Avenue site. Bond proceeds will help renovate a more sizeable, functional and visible ministry space to help facilitate growth. The church’s sanctuary seating capacity at the new location will more than double and the larger overall campus will provide growth opportunities for all areas of ministry,” stated Steve Hron, Director in Ziegler’s religion finance practice.

Since our first financing in 1913, Ziegler has become a recognized leader in providing creative, tailored solutions to religious and educational institutions. Focusing on multidenominational places of worship, charter schools and K-12 private schools, Ziegler offers long-term, fixed-rate financing, tax-exempt financing and short-term, variable rate financing.

For more information about Ziegler, please visit us at

About Ziegler:

The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a privately held, specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

More Credit Rating Press Releases

Home Depot Gives 56 Million Customers a Heads Up

Home Depot Gives 56 Million Customers a Heads Up
In addition to using the credit-monitoring services the company is offering affected customers, Home Depot shoppers should be very careful to check for bogus charges placed on their credit cards, suggested Sjouwerman. They also should be aware of new …
Read more on E-Commerce Times

How FICO's New Credit Score Will Impact Consumers
Adrian Nazari is the founder and CEO of Credit Sesame, a leading consumer credit and personal finance website that provides millions of consumers access to free credit scores, free credit monitoring, free credit and identity protection and better ways …
Read more on Huffington Post

SEAL Innovation, Inc. Adds Seasoned Company plus Aquatics Leaders to its Board; Expands Series B Financing Round following Raising $2 Million

Raleigh, NC (PRWEB) June 25, 2014

SEAL Innovation, Inc., a wearable development start-up commercializing an innovative swim protection monitor, announces which seasoned company plus aquatics leaders Jan Davis plus David Fox have joined its board of directors.

“We are ecstatic to have Jan plus David join the board plus aid guide SEAL’s development throughout a important stage of the development,” mentioned Dr. Graham Snyder, SEAL’s co-founder plus Chief Executive Officer. “Their collective company, finance plus aquatics background plus experience is key to the achievement,” he added.

Jan Davis brings to SEAL over 25 years of experience leading development plus transformation for start-up technologies, advertising plus info businesses. She currently serves because President plus Executive Committee associate with Triangle Angel Partners plus advisory board associate with Launch Place Seed Fund, 2 funds which invested inside SEAL Innovation.

In addition, Jan holds advisory plus board associate positions with several firms including GSP, Spring Metrics, Three Ships, Market Vue Partners plus ShowingTime. Her before experience involves President plus Chief Executive Officer of ShopperTrak RCT Corporation, Organization Unit President at TransUnion, Inc. plus co-founder of the venture-backed database advertising fast. Jan received a B.A. inside English Literature plus M.B.A. within the University of North Carolina. “I am honored to serve found on the SEAL board,” Davis mentioned. “I have worked with numerous technologies firms over time, as well as the SEAL SwimSafe™ has ideal possible to supply both social value plus financial benefit. I look forward to using SEAL’s board plus leadership to bring this innovative technologies to market,” she added.

David Fox, Goldman Sachs’ Managing Director plus Southeast Region Head for Private Wealth Management, furthermore serves because a nationwide consultant with all the firm’s institutional customer solutions company. An accomplished competitive swimmer, he earned a gold medal inside the Men’s Freestyle 4x100m relay at the 1996 Olympics plus 4 gold medals at the World University Games. David attended plus swam at North Carolina State University where he received a B.S. inside Civil Engineering. During his collegiate profession, he claimed 7 ACC championships, 1 NCAA nationwide championship as well as the NC State Alumni Association Athletic trophy. After retiring from competitive swimming, David earned an M.B.A. within the University of North Carolina.

“SEAL SwimSafe™ may dramatically alter the danger dynamics inside swimming protection,” Fox believes. “I look forward to its release plus to the journey ahead with all the Board plus broader SEAL team,” he added.

The Board expansion coincides with SEAL raising almost $ 2 million inside interim financing. The firm has extended its Series B financing to raise at smallest an extra $ 2.5 million to accelerate geographical, marketplace segment plus product line expansion.

About SEAL Innovation, Inc.

Creating an great swimming experience with innovative wearable technologies to heighten self-confidence plus enhance protection, enjoyment plus performance defines SEAL Innovation, Inc. The business created SEAL SwimSafe™ for swimmers of all ages. If it detects a swimmer inside possible distress, the SEAL band used by the swimmer triggers a significant strength noticeable, audible, plus vibrating alert thus which rescue could start instantly. The SEAL SwimSafe™ was tailored to complement plus better parental plus lifeguard vigilance; understanding to swim; plus secure center shape plus administration.