American Lending Center has filed a notice of an exempt offering of securities to raise $13,600,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, American Lending Center is raising up to $13,600,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, John Shen played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About American Lending Center
American Lending Center (ALC), a private non-bank lender headquartered in southern California, is a nationally recognized leader in commercial lending, providing capital to small businesses nationwide. We believe that the success of the small business community is built on access to fast, flexible credit. ALC offers structured senior loan products primarily to hospitality construction projects through the SBA 504 program. As of March 2020, ALC has sponsored and fully funded a total of 85 projects in 15 states, contributing to a combined construction budget of over one billion dollars, and successfully created more than 12,000 full-time jobs nationwide.
To learn more about American Lending Center, visit http://americanlendingcenter.com/
Contact:
John Shen, Chief Executive Officer
562-449-0139
https://www.linkedin.com/in/john-shen-7465081/
SOURCE: http://www.intelligence360.io
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