Convective Capital raises $85M fund to build disaster resilience https://t.co/PLc96cPQGd
Convective Capital launches an $85 million fund dedicated to disaster resilience initiatives.
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First private preferential lending program for Russian SMEs launched by Loko-Bank & 'Our Future' foundation. Up to 3M rubles at 6.5% for up to 12 months, no extra docs, fees, collateral. 11,600 companies eligible, 30% need credit. Bank aims 1,000 loans by 2026.
First private preferential lending program for SMEs in Russia launched by Loko-Bank and 'Our Future' foundation, benefiting social entrepreneurs with up to 3 million rubles at 6.5% for up to 12 months, with no additional documents, hidden fees, collateral, or guarantors. Decision and signing take 15 minutes, funds received same day. 11,600 companies with 80,000 employees eligible, 30% need credit. Bank aims to issue 1,000 loans by end of 2026, encouraging more social entrepreneurs to join registry.
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