On December 12, 2016, the Company notified Nasdaq of its intent to delist its warrants from the Nasdaq Capital Market due to the failure of the warrants to meet the minimum 400 round lot holder requirement under Nasdaq Marketplace Rule 5515(a)(4). The Company intends top article to file a Form 25 with the SEC on December 21, 2016 relating to the delisting of its warrants, with the delisting of the warrants to be effective ten days thereafter. Accordingly, the Company expects that the last day of trading of its warrants on the Nasdaq Capital Market will be on or about December 30, 2016. The Company believes that its warrants will be eligible for quotation on the Over-the-Counter Bulletin Board following its delisting from the Nasdaq Capital Market. About China Lending Founded in 2009, China Lending is a non-bank direct lending corporation and provides services to micro, small and medium sized enterprises, farmers, and individuals, who are currently underserved by commercial banks in China. Headquartered in Urumqi, the capital of Xinjiang Autonomous Region, with a registered capital of $94.7 million as of June 30, 2016, China Lending is one of the largest direct lending companies in the region in terms of registered capital. Forward-Looking Statements This press release may include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
We are an “SBA National Preferred Lender,” which means we can underwrite and close loans on behalf of the SBA anywhere in the USA; we're able to complete your loan faster because of it. “Babbage uses accounting data and other metrics to approve… advances on-line in a few minutes.” “… stepped in to satisfy demand from… merchants who need to pay upfront for inventory” “America's Most Promising Companies — The Top 100 Of 2014. One of the ways it does this is by guaranteeing loans to small businesses made through lending partners nationwide. The Small Business Authority brand has been established to provide real-time state-of-the-art content and business services in order to become the definitive destination for small business owners across the United States. SBA loans are backed by government-sponsored loan guarantees and are available to for-profit businesses in virtually every industry. In addition, a small business must meet the credit qualifications of the lending partner.
Other studies have found that an elevated level of supervisory stringency during the most recent recession is likely to have a statistically significant impact on total loans and loan capacity for several years—approximately 20 quarters—after the onset of the tighter supervisory standards. Also, if you opt out of on-line behavioural advertising, you may still see ads when you sign in to your account, for example through on-line Banking or MyMerrill. Thank you! To be included in the Historical Returns calculation, a Note must have been originated prior to March 31, 2014. They are also hoarding deposits, which undermines their ability to underwrite small-business loans. Demand for the cakes, which sell for $150 to $500, overwhelms her home kitchen. “Babbage financing resembles a line of credit—customers only pay for what they use” “Babbage is disrupting this space by providing a painless way to help sellers access cash quickly.”