SAN FRANCISCO— Can­dace Klein, CEO and Founder of SoMoLend (http://www.somolend.com/), will present at Fino­vate­Spring in San Fran­cisco May 8 and 9. SoMo will be the only crowd­fund­ing plat­form present at the con­fer­ence and will roll out its national plat­form that con­nects entre­pre­neurs in need of fund­ing with local orga­ni­za­tional investors, such as cham­bers of com­merce, munic­i­pal­i­ties, banks, local gov­ern­ments, busi­ness asso­ci­a­tions, fran­chisors and cor­po­ra­tions. Read more

CINCINNATI—SoMoLend (http://www.somolend.com/), an alter­na­tive bor­row­ing plat­form that offers a new solu­tion for small busi­nesses to obtain the cap­i­tal they need, launches offi­cially today.

SoMo’s soft­ware is designed to use the Web to match bor­row­ers with lenders, con­nect­ing busi­ness bor­row­ers seek­ing loans of $35,000 or less with investors look­ing to make a return on invest­ment.  It is designed to serve small busi­nesses that don’t have access to tra­di­tional fund­ing or would rather uti­lize alter­na­tive forms of lend­ing.  Read more