News Hub | News Direct

Retail

Bridal Cosmetics E-Commerce Luxury Office Products Supply Chain Management
Article thumbnail Digital Asset Direct

How to Eliminate Market Recovery Using an IUL by Jennifer Lang Financial Services.

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

February 16, 2021 10:05 AM Eastern Standard Time

Video
Article thumbnail News Release

Family-Owned Minuteman Press Franchise in East Indianapolis Shows Print Is Essential

Minuteman Press International Inc

Diana Renollet bought her Minuteman Press franchise located at 9105 E. 56th St., Suite E, in May 2020. Minuteman Press East Indianapolis is an essential business, so Diana and her team have spent their first nine months supporting local businesses and community groups with critical printing, marketing, and communication services during the COVID-19 pandemic. She says, “ Owning our own family business is a dream come true. I had done my research, and when the opportunity came I was ready.” After 33 years of working for others, Diana further explains, “With my own business, I feel like I am no longer wasting away years of my life on conference calls working for someone else. I am not answering to someone before making my own decisions. It makes me feel free being my own boss.” Supporting Local Businesses During COVID-19 Under Diana’s leadership, it is no surprise that Minuteman Press in East Indianapolis has been working hard on proactive community outreach and providing personalized local customer service. She says, “Being an essential business means we can support other local businesses and organizations who are also essential and operating as well as those who are reopening. We design and print custom orders for items they are using right now such as face masks, banners, menus, and more. It’s great that they know we are here for them as their trusted local business partner.” She continues, “For example, we are members of the Lawrence Chamber of Commerce and fulfilled an order for 200 face masks. We have also donated to their Toy Drive as well as to the Lawrence Police Dept. Explorers program. We love what we do and it’s gratifying to be involved and give back to our local community who supports our essential business.” Even before becoming a business owner, community involvement was important to Diana. She says, “For the past five years, I have been the Vice President of the non-profit organization Indy Blue Star Mothers, which supports parents of children who are actively serving in the military or who are Veterans. I have also become a member of the Sertoma Club of East Indianapolis. Now that I own this business, I feel even more connected to my neighbors.” “At Minuteman Press, we print everything while providing outstanding local customer service. I love getting engaged in client projects and bringing them to life. Our mindset is to provide a positive experience from beginning to end.” -Diana Renollet, Minuteman Press franchise owner, East Indianapolis Print is Essential Diana’s passion for the printing industry and her business is readily apparent to her clients and anyone she speaks to. She says, “Everywhere I look I see print opportunities and I know I can help my clients promote their businesses. From billboards to street signs, whether indoors or outdoors, every letter or image you see is created digitally and printed. I cannot help but get excited when I talk about this industry and the many ways we are able to promote your business through print.” Diana enjoys being the face of her business and has fully embraced the Minuteman Press franchise system including their marketing programs. The fact that she is a printing and marketing services provider herself allows her to implement effective strategies. She says, “The key is to market, market, market. I have made countless phone calls simply letting our customers know that we are open and ready to help. I have sent out several hundred letters to customers making them aware of special discounts and promotions. We send back goodies of some sort with every order that is delivered to our customers. Sometimes we make goodie bags for our customers or send donuts from the shop next door.” Diana continues, “On every box that goes out of our center and back to a customer, we put a note that says, ‘Your business is greatly appreciated and we look forward to working with you.’ This is really important to me. If we deliver four boxes back to a customer, when they open that second, third or fourth box, I want them to be reminded again and again that their business is appreciated and valued.” Minuteman Press also uses proprietary FLEX software that helps Diana keep track of her marketing efforts. “I am staying 4 to 6 weeks ahead on sending out reminder emails and USPS mailers reminding the customer it is time to work on their project. Every day, I look at the different marketing opportunities available in FLEX and act on them. I also look ahead to future opportunities. For example, I am in the process of sending out mail with offers for relevant businesses looking to promote themselves during the upcoming tax season.” What keeps customers coming back to Diana and her team at Minuteman Press in East Indianapolis is their complete positive customer experience. “Every time a client comes to our center, we want them to feel comfortable and appreciated. We offer them coffee or water bottles and a free donut coupon for the donut shop next door to us.” The little things add up to make a big difference, and Diana sees that clearly. “Many years ago, I was the inspiration behind a national campaign. It was called the Celebrate Every Day Campaign. I find something to celebrate about every single day. Sometimes it’s grand, and sometimes it’s small. It is a mindset and just a real nice way to live. It has helped me tremendously as I manage my business during this global pandemic.” From Employee to Minuteman Press Franchisee Prior to franchising with Minuteman Press, Diana worked in various business and management roles around the printing industry for 33 years. “I worked for several companies and wore many hats. I’ve done everything from graphic design and printing to on site management. Most recently, I worked as On Site Manager at the Kroger Central Division Office in Indianapolis where I tripled my team and made the Division cost-efficient. I did hundreds of thousands of printing per month, along with producing anything else that was requested.” Why Minuteman Press? Diana answers, “I liked the idea that Minuteman Press had already created a plan for success and I liked their plan. I also liked knowing that the FLEX software that Minuteman Press created and used would do everything from bringing me new potential customers daily to predicting reorders, quoting, creating work orders, invoices, and exporting accounting data directly into QuickBooks.” She continues, “Minuteman Press has done exactly what they said they would do as far as support. Someone is only a call, text or email away when I have had any questions. I have all of the freedoms of running my own business but I when I need support they are right there for me every time.” “Diana Renollet is a tremendous asset to her business community and to the Minuteman Press family. She truly cares about her clients and I am proud of her hard work in building her business in East Indianapolis. Diana follows the Minuteman Press franchise system and communicates effectively. I look forward to continuing to work with her and provide local support to her business.” -Steve Szymanski, Minuteman Press International Regional Vice President, Midwest Meet the Family Behind the Business When Diana made the decision to follow her dream, she knew she could count on her family to support her. She says, “My husband Brian is my best friend and my rock. He supported my decision to become part of the Minuteman Press franchise family from the first day I mentioned it until the day we signed the papers. Although he has maintained his current career path, he is a huge part of helping me run this business. Our wedding song was ‘You’re My Best Friend’ by Queen and I am so happy to take this new journey in my career with him.” She also credits her father as being instrumental in giving her the confidence to transition from her career to entrepreneurship. “My dad has been my go-to person and was really instrumental in making me realize this dream. Other than my husband, my dad was the only person who knew I was looking to take this leap. We talk every single day after work and he loves hearing what orders we received and how everything is going. He is so excited I am doing this and he is the one who taught me the value of hard work. My dad is truly a wonderful man.” It is clearly evident that family means everything to Diana. “My husband and I have 4 children from our previous marriages. Our oldest daughter is 30 and she has been in the medical field for the past 7 years. She has currently reenrolled in college to pursue a teaching degree and she is a wonderful mother to 3 of our grandchildren. Our twin daughters are 27, one is a Staff Sergeant in the US Air Force. She is finishing her commitment soon and enrolled in college to pursue a degree in Nursing. Twin #2 works alongside her mother in a medical environment and she is a loving mother to our youngest grandchild. Our son is the youngest at 25. He is a Marine Veteran and Active Guardsman. He also works full-time and is also enrolled in college pursuing a cybersecurity degree. My parents also celebrated 62 years of marriage this past November.” She adds, “My husband and I look forward to weekend mornings where we try to get the kids and grandkids to come over for long breakfasts around the family kitchen table. We also enjoy spending time together laughing and enjoying life.” Advice for Others Diana has a fascinating perspective to share as someone who is realizing her dream of owning her own business at such a unique time. When asked for advice she would give to others who are looking to own a business, she says, “Prepare yourself for the opportunity and be ready. Don’t limit your thinking and allow yourself to dream, then do your research. Owning this center was my dream, and because I had done my homework, I was ready when the opportunity came.” She adds, “Stay accountable to your goals and your dream can come true. I am living proof of that.” For more information on Minuteman Press in East Indianapolis, visit https://indyeast.minutemanpress.com. Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

February 16, 2021 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

NVISNx Selected to Join Ernst & Young Entrepreneurs Access Network Among Elite Black and Latinx Business Leaders

NVISNx

NVISNx [n-vision-x], the leading PaaS information governance, risk and compliance (iGRC) company committed to helping businesses effectively identify and protect all critical data, announces today that it has been hand-selected as a curated member of Ernst & Young’s Entrepreneurs Access Network (EAN) 2021 inaugural cohort. EY’s EAN is a business accelerator and comprehensive executive program designed to help Black- and Latinx-owned companies transcend barriers and scale their businesses. By joining this elite network, NVISNx will gain access to key decision makers and companies that need to protect all critical data and maximize their current security controls to finally stop data breaches. Their membership also grants them access to the EY ecosystem of incubators, alliances, subject-matter resources, industry insights and capital connections. “We’re excited to be in the company of other Black and Latinx business leaders working to grow our companies during this difficult time and to benefit from the expertise EY’s network can provide,” said Glen Day, CEO of NVISNx. “As a prior EY Cybersecurity Partner, I know companies struggle to prevent data breaches that hurt their reputation and diminish their trust. The recent SolarWinds hack requires cyber leaders to shift their approach to “assume that you have already been hacked and they’re still in… now what”? To prevent the next breach, they need a more reliable and automated way to visibly identify and prioritize all critical data- from privacy, intellectual property, sensitive financials or board sensitive communications. Breaches are the digital pandemic to businesses and the problem is simply getting worst.” The NVISNx platform enables complete data inventories and also identifies data that no longer has business value and could be disposed of to reduce risk, decrease the attack surface and save millions in storage costs. As a result of covid’s economic impact, companies are also faced with major budget cuts and must make hard decisions on where to cut. Armed with the resources provided by the EY community, NVISNx will be better positioned to serve our customers risk reduction initiatives by providing data-driven insights as to what to protect and what data could be purged. “EY recognized that NVISNx and the other organizations asked to join the EAN are headed by entrepreneurs who are driving innovation and creating market opportunities with small to mid-sized organizations,” said Lee Henderson, EY America’s Private Leader. “This immersive program will expose Black- and Latinx-owned companies to the firm’s entrepreneurial ecosystem and resources, as well as investors. The program is modeled after EY’s Entrepreneur of the Year™ and Entrepreneurial Winning Women™ programs.” ABOUT NVISNx NVISNx is a powerful PaaS information governance, risk and compliance (iGRC) company committed to helping businesses effectively identify and protect all critical data. Our first-to-market iGRC platform provides an automated, visible and prioritization of data protection and junk file elimination, ensuring your crown jewels are secure while redundant, outdated, trivial, and abandoned files are purged. Our platform increases operational efficiencies and profit margins while helping Business, Cybersecurity and IT professionals better understand their massive data assets to make more informed decisions about their data. NVISNx’s visual analytics engine offers rich and meaningful intelligence insights to prioritize and protect all critical data and help defensibly purge files that have no business value, incur business risks and/or impair compliance, providing massive cost savings across the enterprise in just a few weeks. Our team of experts have built an intelligent, easy-to-use solution that enables business users to become their own data analyst. NVISNx is here to help you protect your prize data, while saving you millions in unnecessary storage costs. To learn more, please visit www.NVISNx.com Contact Details NRPR Group Nicole Rodrigues +1 424-421-9610 Nicole@nrprgroup.com Company Website https://www.NVISNx.com/

February 16, 2021 09:00 AM Eastern Standard Time

Article thumbnail News Release

Knowledgehook to boost maths attainment across Australia

Stockwood Strategy

Knowledgehook, the world’s most comprehensive mathematics learning platform, has launched in Australia as the nation’s teachers turn a corner in addressing low maths attainment levels for young people. It is now available to schools across the country for children in Year 3 to Year 10 classes, through The Learner First, a consultancy working with schools across Australia. The latest TIMSS (Trends in International Mathematics and Science Study) found that Australia’s achievement in mathematics has improved since 2015. However, Year 4 mathematics achievement has not changed since 2007. One of the biggest challenges facing educators is to find better ways to meet the learning needs of the many students who fall behind in schools, failing to meet year-level expectations (often year after year) and, as a consequence, become increasingly disengaged. Knowledgehook’s proprietary technology harnesses the power of data to track where students are on their math journey. Their programmes connect a child’s at-home learning with in-school education, providing real-time insights to teachers on learning gaps. This empowers teachers to develop an understanding of the maths concepts related to their students’ challenges, enabling them to adjust instruction and monitor student progress. As Knowledgehook launches across Australia, former Australian Mathematics Curriculum leader, Margaret Bigelow, commented: " Australia's results in international testing are improving. The impact of a national approach to teaching and learning Mathematics has impacted on this improved outcome. Teachers need to be supported to maintain this trajectory of improvement by having the ideas and tools to enhance the engagement of their students to develop critical and creative thinking and further mathematical skills. This will enable students to adjust to the ever-changing demands and challenges of life in the future." “Knowledgehook was inspired by my own struggle with maths as a child,'' explained Co-Founder and CEO of Knowledgehook, Travis Ratnam. “Having the right, personalised guidance makes all the difference and every student deserves to have a teacher who has access to the best pedagogical tools, and parents who have insights into their learning. Our platform is not a game, it pulls together a 360 view on a child’s learning journey enabling people around them to improve the child’s math experience and outcomes. In launching Knowledgehook across Australia, Joanne McEachen, Founder and CEO of The Learner First commented: “I love the fact maths support is available 24/7 so when a learner struggles with a math’s concept, the teacher can access professional learning and development to help support both the learner and the teacher on the spot. Moreover, it helps teachers retrace their approach and identifies what may have been missed allowing them to recover and embed essential skills and concepts. Quite simply, it is what we have been missing for years and it will certainly complement the current trajectory of further improving math’s performance and disposition in Australian students.” Knowledgehook’s AI-enabled platform has grown to support schools across the US, Mexico, and the UK. It is designed to scale across multiple countries and languages developing teacher capacity while engaging students and providing actionable insights for parents. Over the years, Knowledgehook’s research-based solution has garnered industry-leading partnerships and investments from the most recognised global education bodies, notably from the University College of London (UCL), the global leader in education research. Knowledgehook actively collaborates with governments around the world while also working directly with schools and their suppliers, to offer curriculum-aligned solutions. The company currently empowers teachers in more than 100,000 schools. In 2021, it is anticipated the solution will reach 50,000,000 students globally. “We have received growing interest for our technology and expertise to be applied to other subjects and we look forward to expanding our solution to empower more educators and support the learning of students to become the problem-solvers of tomorrow,” Qamar Qureshi, President and Chief Business Officer added. Ends About Knowledgehook Knowledgehook, a leading educational technology company, empowers hundreds of thousands of teachers and parents to collaboratively support the mathematics learning journey of millions of students worldwide. Winner of Google’s Game Changer Award and named Top Disruptor by BNN, its platform analyses student understanding through engaging assessments, providing real-time personalised solutions to close learning gaps between classroom teaching and at-home learning. Designed by leading numeracy and research experts, Knowledgehook’s Instructional Guidance System is known for reinventing how online technology supports education and educators, while inspiring the problem solvers of tomorrow. Contact Details Knowledgehook Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.knowledgehook.com/

February 15, 2021 04:00 PM Eastern Standard Time

Image
Article thumbnail News Release

The U.S. Chamber Discover & Deliver initiative is Fighting Covid-19 with Innovation and Technology

YourUpdateTV

Defeating the global pandemic is truly an all-of-nation effort. Across the nation, America’s innovation community has mobilized like never before to fight the coronavirus pandemic. Right now, our nation’s brightest scientific minds, most innovative companies, and leading universities are moving at unprecedented speed to deliver the COVID-19 treatments, vaccines, diagnostics, and cures we need. The scope is as impressive as the speed. To date, scientists are conducting over a thousand clinical trials in the United States for potential pandemic ending solutions, in all 50 states, from big cities to small towns. The U.S. Chamber Discover & Deliver initiative is telling the story about the private sector’s role in bringing the science to life and bringing it to people. It is a nationwide, cross-industry effort that involves our brightest scientific minds, the most innovative companies, and the nation’s leading universities—all working together toward the common goal of leading the global community out of this crisis. Discover & Deliver is conducting virtual events in communities across the United States to engage local leaders, share the latest information, and provide a “boots on the ground” view of progress underway. To help illustrate this story, the U.S. developed an interactive map, to show what’s happening across our country—in communities large and small—as innovation works to identify the solutions we need to solve the coronavirus pandemic. Visit www.USChamber.com for the latest resources and insights into the all-of-nation effort underway to beat this pandemic. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 11, 2021 01:00 PM Eastern Standard Time

Article thumbnail News Release

Best Buys for Valentine’s Day 2021

YourUpdateTV

Valentine’s Day is right around the corner, and while this year’s day of love might look a little different, that’s all the more reason to celebrate the people around you. Recently, Beauty and Lifestyle Expert, Alle Fister, teamed with YourUpdateTV on a satellite media tour to share her top gift ideas for Valentine’s Day 2021. A video accompanying this announcement is available at: https://youtu.be/o0C7M0hi3w8 Valentine’s Day Brunch With the 14th falling on a Sunday this year, it means brunch will be a popular activity for many. So, whether you are having a romantic day with your partner or celebrating ‘Galentine’s Day’ on the 13th with friends, it’s always a good idea to kick off your celebrations with the ‘official sponsor of brunch’, Korbel. They have some really fun and easy 1 to 1 ratio cocktails such as the Chambord Royale, which is the PERFECT pink drink for at-home date night. Just pour Chambord into a flute glass, top with sparkling wine, and finish with a raspberry garnish. Dressing for the Occasion If you’re getting a little more dressed up for the occasion, checkout ModCloth’s Sweetheart Shop which features vintage inspired silhouettes from XS to 4X that will have you falling head over heels. These are the perfect option for any Valentine’s Day ensemble. Valentine’s Day ‘Self-Love’ It’s been a long year, so I think we could all use a little self-love. One great option is from Birchbox. If you’re like me, you’re less ‘beauty obsessed’ and more ‘beauty casual’. You can’t spend all your time sorting through beauty products, so you prefer a simple and personalized way to explore different options. Birchbox exists to simplify all of the beauty and grooming product options for you and do a great job selecting product samples tailored to your specific beauty profile. For $15 a month, you can purchase the subscription for yourself or a gift subscription for someone special on your list. Also check out Versed - the cleanest drug store brand out there, period! They have an incredible product called Dew Point, which is great if you want to keep your skin hydrated but don’t like the feeling of traditional cream textures. It absorbs instantly and leaves your skin feeling refreshed and never greasy. Last year, they sold one unit every 3 minutes and 45 seconds, so it’s a popular pick! You can find it online at versedskin.com or in-store at Target. At-Home Fitness Routine We’ve all had to adjust this year, and I think everyone learned one valuable lesson. We need to make the most of our space! Especially those of us living in smaller apartments. So, check out JAXJOX, the ultimate space-saver and the perfect addition to at-home workout routines. The Kettlebell goes from 12-42lbs in the click of a button - and the system includes smart tracking, saving you, and a partners, reps, weight, sets, and power! It’s pretty darn cool and provides the gym experience we’ve all been missing. For more information, visit Bollare.com or follow @Bollare on Instagram. About Allie Fister: Alle Fister is the Principal and Founder of Bollare Communications, a full service beauty, fashion and lifestyle communications firm with offices in London, NYC, Los Angeles and Newport Beach. Fister began her career as an early employee at women’s online retailer, Shopbop, where she headed the brand’s communications. Ultimately, Shopbop was acquired by Amazon, and Fister launched her firm, Bollare, with Shopbop as her first client. Today Bollare works with clients such as Barbie, Blank Denim, Charlie Holiday, Josie Maran, Innisfree, Missguided, Modcloth, and Timberland across marketing, pr and communications. In her free time, Fister is on the Founding Team of I am a voter., a proud mother and wife, and an active yogi. Fister has appeared on over 400 regional and national broadcast segments such as the Today Show, EXTRA, CBS Early Show, MTV’s TRL, and had standing segments on E! News, TV Guide Channel, Soap Talk. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 10, 2021 04:00 PM Eastern Standard Time

Video
Article thumbnail News Release

Chew on This: How to Choose the Healthiest Snacks

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/4u9Fhl4GE4w Stressful times call for comfort food and for many people that means turning to snacking. Before the pandemic, consumers were snacking more than ever – with a focus on healthy products and ingredients. In 2020, there was a surge in packaged foods with consumers buying groceries online instead of going to the store. But snacking has gone beyond just the foods we eat – now snacking is bringing us together for comfort and connect and we’re looking for snacks that are delicious and nutritious! But not all snacks are created equal and research has indicated that consumers want their food to work for them. One in 4 consumers are looking for health benefits from food, and heart health ranks high among what they seek. The best snacks are multi taskers: They do a ton of things at once, providing a powerful combo of: protein, healthy fats & fiber – all are important to keep you feeling satisfied longer. And almonds provide all three components along with a variety of important nutrients. Bonnie Taub-Dix – Blue Diamond partner, Registered Dietitian and author of Read It Before You Eat It – Taking You from Label to Table – conducted a nationwide media tour in conjunction with D S Simon Media and YourUpdate TV to discuss healthy snack options from Blue Diamond. With Blue Diamond, consumers can always have nutritious items on hand. For example: Almond Breeze Almondmilk is made with real California almonds, and is fortified with vitamins and minerals that are essential to a healthy diet. Shelf Stable Almond Breeze Almondmilk lasts for a year unopened in the pantry. Whole Natural Almonds – Just 28 almonds can help satisfy hunger including 6 grams of plant protein. Crave Almond flavors: From Wasabi & Soy Sauce to Spicy Dill Pickle, Salt ‘n Vinegar to Honey Roasted – these almonds will satisfy hunger and give you a nice kick of flavor. Almond Breeze Almondmilk is an excellent source of calcium with 50% more calcium than dairy milk*. In fact, it’s an excellent source of calcium and vitamins D and E as well as a good source of vitamin A. Almond Breeze is a great choice for people who prefer foods that are low in calories, sugar-free, lactose-free, gluten-free, or for those who follow a vegetarian or vegan lifestyle. Almonds are incredibly nutritious. Just 28 Whole Natural almonds provide 6 grams of plant protein, 3 grams of fiber, healthy fats and they’re an excellent source of biotin, vitamin E, a good source of magnesium and so much more. With plant-based diets being so popular these days, almonds and Almond Breeze Almondmilk are so versatile they’re perfect ingredients for meals and snacks anywhere from smoothies, to stews and baked goods to meet consumers wherever they are along their health journey. For more information you can visit BlueDiamond.com *Almond Breeze: 35% DV (450mg); Dairy milk: 25% DV (300mg) - 1 cup of dairy milk contains 300mg calcium vs. 1 cup of Almond Breeze contains 450mg calcium About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 09, 2021 10:30 AM Eastern Standard Time

Video
Article thumbnail Digital Asset Direct

How To Shrink Your RMDs in 2021 and Beyond by Jennifer Lang Financial Services

Jennifer Lang Financial Services, LLC

Contact Details Jennifer Lang +1 877-487-8926 mail@jenniferlangfinancialservices.com Company Website https://www.jenniferlangfinancialservices.com

February 09, 2021 10:05 AM Eastern Standard Time

Video
Article thumbnail News Release

Agora Data Adds Credit Lines for Buy Here Pay Here Dealers

Agora

Adding to its suite of market-disruptive capabilities, Agora Data, Inc. announced the rollout of its newest tool, AgoraCredit – a dealer-friendly line of credit to continue helping an underserved segment of the auto industry. With AgoraCredit, Buy Here Pay Here dealers and other underbanked originators can transition from their current senior lender into interim credit lines that are designed to transition them into a highly efficient and abundant source of permanent capital, AgoraCapital. AgoraCredit was created with the specific goal of not locking originators into expensive and risky lines of credit, but instead with the objective of providing a smooth glidepath into Agora Data’s groundbreaking crowdsourced securitization, AgoraCapital. The formation of AgoraCredit happens on the heels of Agora Data’s announcement of the first-ever crowdsourced auto securitization that closed on December 29, 2020. That securitization gave Buy Here Pay Here dealers and subprime originators of all sizes access to the capital markets with lower cost of funds and other business transformation benefits. AgoraCredit works in partnership with AgoraCapital rather than in competition with it and removes barriers for auto dealers and small to mid-size finance companies to graduate directly into this new source of funding that has never been available to the auto industry. “Closing the first crowdsourced securitization at the end of 2020 was a monumental achievement for the auto industry. We showed proof of concept for a business model that brings favorable financing terms to an underserved group of entrepreneurs,” said Steve Burke, CEO, Agora Data, Inc. “With AgoraCredit, we made another addition to our suite of already game-changing capabilities. AgoraCredit will make the process even easier for more dealers and finance companies to access capital.” Agora Data has created access to capital for Buy Here Pay Here dealers and small to mid-sized finance companies. Pioneered by Agora Data, both AgoraCapital and AgoraCredit provide a new funding channel to obtain all the cash needed to fuel growth. Agora’s proprietary radical AI-infused technology connects dealers and finance companies with the capital markets. For capital markets stakeholders, AgoraTrade and AgoraCapital provide an opportunity to participate in a time-tested asset class previously not available. Agora Data made history with the closing of the first-ever Crowdsourced Subprime Auto Securitization on December 29, 2020. Founded in 2017. agoradata.com. For more information, contact Agora Data at 877-592-4672. Contact Details Agora Data, Inc Shelly Vandeven +1 682-282-4130 media@agoradata.com Eric PR & Marketing, LLC Eric Nemeth 602-502-2793 nemeth@ericpr.com Company Website https://agoradata.com/

February 09, 2021 09:03 AM Eastern Standard Time

1 ... 239240241242243 ... 247