Archive for the ‘Uncategorized’ Category

Columbus Chamber to Feature SoMoLend as Top Choice for Crowdfunding

CINCINNATI and COLUMBUS, Ohio—SoMoLend (www.somolend.com), a lead­ing debt-based crowd­fund­ing plat­form designed to match small busi­ness bor­row­ers with investors look­ing to make a return on invest­ment, announces a new part­ner­ship with the Colum­bus Cham­ber. SoMoLend will be the Chamber’s first rec­om­men­da­tion for crowd­fund­ing and fea­tured on the access to cap­i­tal sec­tion of the Cham­ber website.

We are really look­ing for­ward to work­ing with the Colum­bus Cham­ber. This region has a tremen­dous small busi­ness com­mu­nity. Our goal is to help edu­cate small busi­nesses about crowd­fund­ing, and illus­trate how our plat­form can fuel eco­nomic growth in cen­tral Ohio by help­ing entre­pre­neurs get access to the fund­ing they need to sus­tain their oper­a­tions,” said Cheryl Stamm, VP of Sales. Read more

SoMoLend and CircleUp Partner to Help More Small Businesses and Entrepreneurs Gain Access to Capital

CINCINNATI and SAN FRANCSICO July 30, 2012— Cir­cleUp (https://circleup.com/), the lead­ing equity crowd­fund­ing site in the US, and SoMoLend (http://www.somolend.com/), the pio­neer­ing debt bor­row­ing plat­form con­nect­ing entre­pre­neurs with local lenders, are announc­ing a part­ner­ship to help small busi­nesses to raise growth cap­i­tal more efficiently.

The part­ner­ship will improve access to cap­i­tal for small busi­nesses by help­ing busi­nesses find the best source of cap­i­tal for their unique sit­u­a­tion.  SoMoLend sup­ports micro-loans, while Cir­cleUp facil­i­tates equity invest­ments.  By shar­ing infor­ma­tion, best prac­tices and joint edu­ca­tion efforts, SoMoLend and Cir­cleUp will improve their abil­ity to serve clients in need of either debt or equity solutions.

Cir­cleUp enables exist­ing small busi­nesses to raise expan­sion cap­i­tal through a national net­work of accred­ited investors. The com­pany focuses on con­sumer and retail com­pa­nies, which his­tor­i­cally have been under-represented by Ven­ture Cap­i­tal­ists and Angel Investors.

CEO Ryan Cald­beck says, “We started Cir­cleUp to help great con­sumer brands find the cap­i­tal they need to grow.  Part­ner­ing with SoMoLend pro­vides us another resource to offer busi­nesses, when a loan is pre­ferred to an equity solution.”

CEO Can­dace Klein founded SoMoLend in 2011 when she saw that small busi­nesses needed more lend­ing resources beyond tra­di­tional banks. SoMoLend’s tech­nol­ogy con­nects credit-worthy busi­nesses with cor­po­ra­tions and insti­tu­tions look­ing to invest locally and with a purpose.

Klein says, “Find­ing financ­ing can be very dif­fi­cult for many star­tups and small busi­nesses. Our part­ner­ship with Cir­cleUp will allow us to more effec­tively serve entre­pre­neurs and small busi­nesses by giv­ing them access to addi­tional fund­ing resources so they can find the right fit for their busi­ness and oper­ate successfully.”

About Cir­cleUp
Cir­cleUp (http://circleup.com/) is an equity based invest­ment plat­form that con­nects indi­vid­ual investors with grow­ing pri­vate com­pa­nies. Cir­cleUp fea­tures a curated list of national high-growth U.S. small con­sumer brands. All com­pa­nies have a tan­gi­ble prod­uct or retail out­let that you can touch, taste, use, or visit. Using tools pro­vided by the plat­form, investors review com­pa­nies of inter­est, ask ques­tions of the man­age­ment team and com­plete their invest­ment – all on CircleUp.

About SoMoLend
SoMoLend is a Web-based lend­ing plat­form that uses patent-pending tech­nol­ogy to con­nect small busi­ness bor­row­ers with indi­vid­ual and orga­ni­za­tional investors (lenders), exe­cuted within a hyper-localized geo­graphic scope. SoMoLend’s user-friendly tech­nol­ogy allows small busi­ness bor­row­ers to obtain loans from friends, fam­ily, cus­tomers, com­mu­nity sup­port­ers and inter­ested orga­ni­za­tions as well as from Face­book, Twit­ter, and LinkedIn con­nec­tions. For more infor­ma­tion, visit http://somolend.com/ or http://somolend.wordpress.com/.

Habitat for Humanity International reaches milestone: 400,000 homes built or repaired worldwide since 1976

CINCINNATI – Habi­tat for Human­ity sur­passed its 400,000 house mile­stone dur­ing its most recent fis­cal year.  Since the non­profit orga­ni­za­tion was founded in 1976, its self-help, hand-up model has resulted in rehabbed, repaired or new hous­ing for more than 2 mil­lion peo­ple worldwide.

Locally, Cincin­nati Habi­tat for Human­ity (CHFH) is part of this global effort. Since 1986, Cincin­nati Habi­tat for Human­ity has built, rehabbed or repaired over 224 houses in the greater Cincin­nati area.

Cincin­nati Habi­tat for Human­ity is mov­ing at a rapid pace of change and has had a very event­ful year, mak­ing great strides to embody Habi­tat for Human­ity International’s mis­sion. Some recent efforts include the new ReStore, which opened this past spring, and CHFH’s refo­cus on not only build­ing new homes, but also rehab­bing fore­closed prop­er­ties as a strate­gic way to revi­tal­ize Cincinnati’s neigh­bor­hoods. Addi­tion­ally, CHFH has intro­duced higher green build­ing stan­dards in order to con­struct more energy effi­cient and envi­ron­men­tally sus­tain­able homes.

Cincin­nati Habi­tat for Human­ity and the more than 1,400 affil­i­ates like us across the United States and abroad are con­tin­u­ing our efforts to help address the poverty hous­ing cri­sis that plagues too many fam­i­lies— both near and far. We are thrilled to be a part of this impor­tant mile­stone and are deter­mined to con­tinue our work in help­ing more local fam­i­lies in need of a sim­ple, decent and afford­able place to live, grow and thrive,” said Marissa Woodly, Devel­op­ment Direc­tor, Cincin­nati Habi­tat. “With con­tin­ued sup­port from our spon­sors and vol­un­teers, we’ll help 16 more fam­i­lies in 2011 real­ize their dream of home ownership.”

In fis­cal year 2010, Habi­tat for Human­ity served a record 74,960 fam­i­lies world­wide through a com­bi­na­tion of new con­struc­tion, reha­bil­i­ta­tion and repairs. Habi­tat also helped an addi­tional 6,355 fam­i­lies estab­lish legal rights to a house or land, and pro­vided more than 46,964 indi­vid­u­als with tech­ni­cal assis­tance rang­ing from legal help to con­struc­tion advice or training.

We are pleased that even in this dif­fi­cult econ­omy, Habi­tat for Human­ity has been able to help a record num­ber of fam­i­lies around the world have a bet­ter place to live,” said Jonathan Reck­ford, CEO of Habi­tat for Human­ity Inter­na­tional. “Our affil­i­ates are the back­bone of Habitat’s efforts. Their hard work and ded­i­ca­tion have made this mile­stone pos­si­ble. We are grate­ful for the work of Cincin­nati Habi­tat for Humanity.”

Habi­tat for Human­ity cel­e­brated its 300,000th home in 2008, its 200,000th home in 2005 and the 100,000th home in 2000.

By 2013, Habi­tat for Human­ity hopes to assist 100,000 fam­i­lies world­wide annu­ally with new or improved housing.

A copy of Habi­tat for Human­ity International’s fis­cal year 2010 annual report, “What We Build,” is now avail­able online at http://www.habitat.org/support/report/default.aspx. The report gives a snap­shot of Habitat’s work around the world.

For more infor­ma­tion on Cincin­nati Habi­tat or to vol­un­teer, visit www.cincinnatihabitat.org, fol­low us on twit­ter http://twitter.com/CincyHabitat, or like us on Face­book http://www.facebook.com/CincinnatiHabitat.

About Cincin­nati Habi­tat for Humanity

Cincin­nati Habi­tat for Human­ity is a non-profit Chris­t­ian hous­ing min­istry that seeks to elim­i­nate sub­stan­dard hous­ing by build­ing and ren­o­vat­ing sim­ple, decent, afford­able homes to sell to low-income fam­i­lies in need. Cincin­nati Habi­tat works in equal part­ner­ship with fam­i­lies, vol­un­teers and donors build­ing a sense of com­mu­nity as well as afford­able hous­ing. Our part­ners include cor­po­ra­tions, churches, foun­da­tions, orga­ni­za­tions and indi­vid­ual donors who donate money, labor and mate­ri­als to fund and build our homes. Cincin­nati Habi­tat has built over 220 homes in neigh­bor­hoods that include Avon­dale, Clifton, Colum­bia Tus­cu­lum, Evanston, Har­ri­son, Hyde Park, Lin­coln Heights, Lock­land, Madis­onville, Mill­creek Val­ley, Mt. Auburn, Mt. Wash­ing­ton, North Fair­mount, North­side, Oak­ley, Over-the-Rhine, Price Hill, South Cum­minsville, South Fair­mount, Wal­nut Hills, West­wood and Win­ton Place, among oth­ers.  For more infor­ma­tion, visit www.cincinnatihabitat.org.

Fischer Homes to Hold Ribbon Cutting for Parks of Whitewater

CINCINNATI — Fis­cher Homes (www.fischerhomes.com) will cel­e­brate a rib­bon cut­ting for Parks of White­wa­ter in Crosby Town­ship on Novem­ber 17 at 10 a.m. The event, which is open to the pub­lic, will pro­vide an oppor­tu­nity to view the community’s new model home.

Crosby Town­ship City Coun­cil and mem­bers of the Cincin­nati Cham­ber of Com­merce will be tak­ing part in the rib­bon cut­ting event.

Parks of White­wa­ter fea­tures Fischer’s Maple Street and Designer Col­lec­tion of sin­gle fam­ily homes, and is located off of New Haven Road, on the west side of Cincin­nati, near Har­ri­son. Floor plans range from 1,800 to almost 4,000 square feet and are priced from the $180s. The com­mu­nity offers pic­turesque scenery with a pool, cabana, play­ground area, and open green space. Pre-construction spe­cial pric­ing and dis­counts are still avail­able for these homes.

We are so excited to show­case Parks of White­wa­ter and begin con­struc­tion in this beau­ti­ful com­mu­nity,” said Fis­cher Sales Coun­selor, Tim Kel­ley. “Being located in the Excellent-rated South­west Local Schools is some­thing we are very proud of. Now is really the time to buy.”

For more infor­ma­tion about Parks of White­wa­ter, call Tim Kel­ley at (513) 617‑7734 or visit www.fischerhomes.com.

About Fis­cher Homes

Fis­cher Homes (www.fischerhomes.com), a mem­ber of The Fis­cher Group, has been build­ing homes through­out Ohio, North­ern Ken­tucky, and Indi­ana since 1980. The Fis­cher Group com­pa­nies main­tain cus­tomer sat­is­fac­tion rat­ings of 98%, have more than 100 new home neigh­bor­hoods through­out Ohio, Ken­tucky, and Indi­ana, and offer home choices for peo­ple in all stages of life. Fis­cher Homes range in price from the $80s to the $700s.

Cincinnati Habitat for Humanity to Dedicate Delta Airlines Home on Oct. 22

Nearly 200 Delta vol­un­teers turn out to com­plete con­struc­tion on Habi­tat home in just six weeks

CINCINNATI – For the sec­ond year in a row, Delta Air­lines will ded­i­cate a Habi­tat for Human­ity (www.cincinnatihabitat.org) home in the Cincin­nati com­mu­nity. Delta Air­lines and their crew of nearly 200 ded­i­cated vol­un­teers turned out to com­plete this build in just 6 weeks—the fastest Habi­tat for Human­ity build this year. In addi­tion to com­plet­ing the entire build, Delta vol­un­teers were also able to plant a flower and veg­etable gar­den for the part­ner fam­ily. Part of a seven-city part­ner­ship, Delta will con­struct seven homes through­out the coun­try dur­ing the fall of 2010.

The ded­i­ca­tion cer­e­mony will be at 1 p.m. on Fri­day, Octo­ber 22 at 1185 Home­side Ave. in Col­lege Hill. There will be a bar­be­cue through­out the day with food donated from sev­eral local ven­dors. Barry K. Matthews from Delta and Ed Lee, Exec­u­tive Direc­tor of Cincin­nati Habi­tat, will speak. This is one of three Cincin­nati Habi­tat projects on Home­side Ave., includ­ing a rehab project next door to this home. The pub­lic is invited to tour the rehab project, as well as this home ded­i­cated by Delta. The com­mu­nity and mem­bers of the news media are wel­comed to attend.

The home will belong to Senga (Alex) Big­ure, his wife, Saada Alfani, and their four chil­dren, Grace, 16, Deane, 12, Ken­neth, 9, and their baby girl, Glo­ria, just born on July 3rd. Senga and Saada are from Burundi.  Senga came to the United States in 2005 due to the civil war in Berundi. Saada fol­lowed with Deane and Ken­neth in 2009. Their old­est daugh­ter, Grace, is in board­ing school in Tan­za­nia wait­ing for immi­gra­tion to approve her depar­ture so that she can rejoin her fam­ily. This fam­ily of six cur­rently lives in a two-bedroom apart­ment with absolutely no stor­age space, much less the room needed for their grow­ing family.

This is going to change our lives,” said Senga. “We have always believed that one day God would help our fam­ily, and now through Habi­tat, God has pro­vided for us. We will have so much more space, and our chil­dren will finally have a place to play. My fam­ily loves each other and we love to be with peo­ple and neigh­bors and to sim­ply live a peace­ful life. We are plan­ning to be a part of the Habi­tat fam­ily for all of our lives so that we can help other fam­i­lies like we were helped by Habitat.”

This fam­ily has known much hard­ship, more than most Amer­i­cans can imag­ine. They have endured civil war and many years of sep­a­ra­tion,” said Lee, Exec­u­tive Direc­tor, Cincin­nati Habi­tat. “Thanks to the gen­eros­ity of Delta and their many ded­i­cated vol­un­teers, who fol­lowed through on their promise, this fam­ily can finally be together, under one roof in a home of their own. Delta is a model spon­sor as well as the fastest build­ing group we’ve had.”

To qual­ify for their Habi­tat home, the fam­ily had to meet a vari­ety of cri­te­ria, includ­ing hous­ing need, abil­ity to pay a mort­gage, and will­ing­ness to part­ner with Cincin­nati Habi­tat. The fam­ily worked beside vol­un­teers from Delta Air­lines, invest­ing 500 hours of sweat equity into the con­struc­tion of their home. Cincin­nati Habi­tat will sell the home to the fam­ily with a 0%, 20-year, interest-free mort­gage held by Cincin­nati Habi­tat for Humanity.

For more infor­ma­tion on Cincin­nati Habi­tat or to vol­un­teer, visit www.cincinnatihabitat.org, fol­low us on twit­ter at http://twitter.com/CincyHabitat, or like us on Face­book at http://www.facebook.com/CincinnatiHabitat.


About Cincin­nati Habi­tat for Humanity

Cincin­nati Habi­tat for Human­ity is a non-profit Chris­t­ian hous­ing min­istry that seeks to elim­i­nate sub­stan­dard hous­ing by build­ing and ren­o­vat­ing sim­ple, decent, afford­able homes to sell to low-income fam­i­lies in need. Cincin­nati Habi­tat works in equal part­ner­ship with fam­i­lies, vol­un­teers and donors build­ing a sense of com­mu­nity as well as afford­able hous­ing. Our part­ners include cor­po­ra­tions, churches, foun­da­tions, orga­ni­za­tions and indi­vid­ual donors who donate money, labor and mate­ri­als to fund and build our homes. Cincin­nati Habi­tat has built over 170 homes in neigh­bor­hoods that include Avon­dale, Clifton, Colum­bia Tus­cu­lum, Evanston, Har­ri­son, Hyde Park, Lin­coln Heights, Lock­land, Madis­onville, Mt. Auburn, Mt. Wash­ing­ton, North Fair­mount, North­side, Oak­ley, Over-the-Rhine, Price Hill, South Cum­minsville, South Fair­mount, Wal­nut Hills, West­wood and Win­ton Place, among oth­ers.  For more infor­ma­tion, visit www.cincinnatihabitat.org.