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Clearco Launches Rolling Funding to Advance How Ecommerce Brands Access Capital
Clearco Launches Rolling Funding to Advance How Ecommerce Brands Access Capital

National Post

time10-07-2025

  • Business
  • National Post

Clearco Launches Rolling Funding to Advance How Ecommerce Brands Access Capital

Article content TORONTO — Clearco, a pioneer in non-dilutive growth capital solutions for ecommerce companies, today announced the launch of Rolling Funding, a new capital solution that gives direct-to-consumer brands continuous access to funds without the delays, reapplications, or ownership dilution of traditional funding models. Article content 'Rolling Funding puts capital on autopilot,' said Olivier Grinda, COO at Clearco. 'Leaders can move faster with more confidence and less friction.' Article content Clearco built Rolling Funding in direct response to customer demand for more consistent access to capital and improved visibility into available funding. The launch marks a shift from fixed funding models with static limits to a dynamic, usage-based capital model. As customers make weekly payments, their available capacity replenishes automatically and in real time, dollar for dollar. This eliminates the need to submit new funding applications and gives founders and finance teams real-time visibility into available and projected capacity through their Clearco dashboard. This ensures better planning, faster reinvestment, and greater control during critical growth periods. Article content Built for fast-scaling ecommerce operators, Rolling Funding aligns with how founders actually run their businesses. It provides access to capital when it's needed most, whether restocking inventory, scaling campaigns, or preparing for peak seasons. Article content Since its introduction in late May, Clearco has approved millions in Rolling Funding capacity for ecommerce brands across beauty, lifestyle, and wellness. A majority of that capacity has already been deployed, with month-over-month originations continuing to rise. Article content Clearco's evolution from fixed disbursements to replenishing capacity reflects a deeper commitment to building financial tools that help ecommerce brands operate with agility, speed, and continuous access to capital. Article content Rolling Funding is currently available to eligible Clearco customers. Capacity approvals are determined based on business performance and funding needs. Article content About Clearco Article content Article content Contacts Article content Media Article content Article content Andrew Curtis Article content Article content

Here is What You Need to Know Before Investing in Synergy CHC Corp. (SNYR)
Here is What You Need to Know Before Investing in Synergy CHC Corp. (SNYR)

Yahoo

time16-06-2025

  • Business
  • Yahoo

Here is What You Need to Know Before Investing in Synergy CHC Corp. (SNYR)

Synergy CHC Corp. (NASDAQ:SNYR) is among the 10 Most Undervalued Stocks to Buy for Under $5. The stock's valuation has been a subject of discussion among analysts and investors. Given its forward price-earnings ratio of 4.37, it is among the most undervalued stocks to buy. A trader in a financial institution using fundamentals analysis to select stocks for a portfolio. Recent insider buying, led by CEO Jack Ross, has also added to the speculation. According to reports, Ross made a series of purchases between June 2 and June 10, acquiring a total of 16,100 shares, worth $29,837. However, the stock has plunged by over 50% year-to-date, due to a combination of factors, including its high debt and revenue challenges. During the Q1 FY25 earnings call on May 15, Synergy CHC Corp. (NASDAQ:SNYR) said it entered and continued debt refinancing negotiations during and after the quarter, with the aim to extend the maturity to 2029. On June 4, Synergy CHC Corp. (NASDAQ:SNYR) announced a $20 million term loan credit agreement, the proceeds of which will be used to provide the company with growth capital and pay down debt. CEO Jack Ross had the following to say on the recent agreement: 'We are very pleased to have completed our debt refinancing, which supports our growth strategy and significantly strengthens our capital structure. The long-term nature of the new facility enhances our balance sheet and provides the flexibility needed for our next phase of growth. Additionally, the delayed draw proceeds allow us to fully repay debt related to settlement agreements, positioning us for greater financial stability as we execute our strategic goals.' While we acknowledge the potential of SNYR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati

PNB Launches Monthly MSME Outreach Programme to Empower Small Businesses Nationwide
PNB Launches Monthly MSME Outreach Programme to Empower Small Businesses Nationwide

Entrepreneur

time20-05-2025

  • Business
  • Entrepreneur

PNB Launches Monthly MSME Outreach Programme to Empower Small Businesses Nationwide

From instant digital loan approvals to export-oriented financial support, the programme is structured to provide end-to-end assistance for enterprises seeking growth capital You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Punjab National Bank (PNB), one of India's foremost public sector lenders, has rolled out a major initiative aimed at empowering Micro, Small, and Medium Enterprises (MSMEs) with tailored financial solutions. The Monthly MSME Outreach Programme, launched nationwide on Tuesday, seeks to enhance accessibility to credit and streamline the lending process for businesses across the country. The initiative, according to a press release issued by PNB, offers a unified platform of financial products specifically designed to meet the evolving needs of MSMEs. From instant digital loan approvals to export-oriented financial support, the programme is structured to provide end-to-end assistance for enterprises seeking growth capital. Among the flagship offerings are PNB GST Express, which enables quick eligibility checks and in-principle sanctions based on cash flow; PNB Trade Growth, which provides collateral-free financial assistance to traders with minimal documentation; and Digi MSME Loans, offering on-the-spot offer letters at dedicated digital zones set up at outreach events. Export-focused MSMEs can access funding through the PNB Export Express scheme, with loan amounts ranging from INR 10 lakh to INR 50 crore. The programme also facilitates access to government-backed financial schemes such as PM Vishwakarma, PM SVANidhi, and Mudra loans. Notably, these services are also available via PNB's digital platforms, eliminating the need for branch visits and offering convenience to micro entrepreneurs and small business owners. Ashok Chandra, managing director & CEO, PNB, emphasized the critical role MSMEs play in the Indian economy. "Micro, Small and Medium Enterprises play a crucial role in our country's economic development, contributing significantly to employment generation, industrial output, and exports. Our Monthly MSME Outreach Programme aims to bridge the gap between MSMEs and formal banking systems, making financial services more accessible at the grassroots level," he said. By integrating technology with customer-centric service delivery, PNB aims to democratize access to finance, particularly in underserved regions. The outreach events, held nationwide, provide MSME customers with real-time consultations, simplified application processes, and immediate feedback on loan eligibility. Customers can visit a PNB branch, use the PNB mobile app, or reach out through the bank's dedicated helplines to explore the new range of services under the outreach programme.

CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing
CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing

National Post

time15-05-2025

  • Business
  • National Post

CIBC Innovation Banking Provides ContactMonkey with Growth Capital Financing

Article content TORONTO — CIBC Innovation Banking announced today that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers around the world. Article content Article content ContactMonkey is an internal email platform used by over 10,000 communicators worldwide. The platform integrates with commonly used applications such as Microsoft Outlook, Microsoft Teams and major human resource information software (HRIS) platforms, helping users engage employees across their organization. Article content 'We are excited to partner with the CIBC Innovation Banking team to support our next phase of growth,' said David Dean, CFO at ContactMonkey. 'This agreement provides us added flexibility and opportunity as we continue to enable more organizations to deliver engaging and effective communications worldwide.' Article content 'We are excited to support the ContactMonkey team as it continues its growth and leadership within the internal communications space,' said Ab Makalo, Director, CIBC Innovation Banking. 'Our team looks forward to helping ContactMonkey scale as it expands its robust offering globally.' Article content CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. Article content ContactMonkey is the internal email platform trusted by over 10,000 internal communicators worldwide. Reach employees at every corner of your organization, ensuring that essential company announcements, life-saving alerts, and critical updates are delivered promptly. With data-driven insights, understand what truly resonates with your employees, and refine your communication strategies for optimal engagement. Article content Article content Article content Article content Article content Article content

Denali Growth Partners Raises $400 Million for Second Growth Equity Fund
Denali Growth Partners Raises $400 Million for Second Growth Equity Fund

National Post

time13-05-2025

  • Business
  • National Post

Denali Growth Partners Raises $400 Million for Second Growth Equity Fund

Article content Article content BOSTON — Denali Growth Partners ('DGP') announced the final close of Denali Growth Partners Fund II ('Fund II') at $400 million in total limited partner capital commitments. Fund II exceeded its $350 million target, backed by strong demand from both existing and new investors. Article content Fund II builds on the success of DGP's debut fund, a $200 million-plus growth equity fund raised in 2021, and advances the firm's strategy of investing in growing, capital-efficient, and profitable companies led by exceptional entrepreneurs. The firm focuses on sectors where its domain expertise aligns with real-world business performance. Such sectors include healthcare, life sciences, professional services, technology-enabled platforms and services, and software. Article content 'DGP was founded to bring founder-aligned growth capital to companies doing extraordinary things, often outside the limelight,' said Jesse Lane, Founder and Managing Partner of DGP. 'We are incredibly grateful for the trust and support from our limited partners. Their collective conviction in our approach, and in the entrepreneurs we back, has been foundational to everything we do.' Article content Fund II attracted a highly respected group of institutional investors, including pension plans, insurance companies, family offices, funds of funds, foundations, endowments, and asset managers. Article content To date, DGP has invested in 11 platform companies that collectively generate over $900 million in revenue, produce more than $100 million in EBITDA, and employ more than 3,000 individuals. Article content Fund II provides DGP with additional capital to continue its mission of supporting exceptional founders building enduring, capital-efficient, and high-growth businesses. Article content Article content Article content Article content Article content Article content

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