News

Oregon Biomass Specialist Receives $3.75M in Funding from BizCapital

July 31, 2013

BizCapital, the small-business lending division of Advantage Capital Partners, has provided $3.75 million in funding to Integrated Biomass Resources, a wood products manufacturer located in Wallowa. The funding will enable the Northeast Oregon-based company to create 10-14 new permanent jobs as well as eight construction jobs during the expansion of their current facility with more job growth expected in the future.

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Advantage Capital Partners Participates in $5.2 Million Funding Round for CT-based Payveris

July 1, 2013

Payveris LLC, a next generation online and mobile payments company that offers a full range of bill payment and interbank transfer solutions to bank and credit unions, has received a total of $5.2 million in funding, led by Advantage Capital Partners, Ironwood Capital Connecticut and Connecticut Innovations.

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Moran Printing receives Louisiana Economic Development Lantern Award

June 24, 2013

Moran Printing, a commercial and digital printing facility in Baton Rouge, was awarded a Lantern Award by Louisiana Economic Development (LED) this month for their outstanding impact on the Louisiana economy. The awardees are selected based on their contributions to the betterment of their communities, growth in number of employees and expansion of their facilities.

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Senator Blunt (MO) sponsors extension of New Markets Tax Credit program

June 14, 2013

U.S. Senator Roy Blunt (R-MO) and Senator Jay Rockefeller (D-WV) introduced a permanent extension of the federal New Markets Tax Credit (NMTC) program that encourages private-sector investment in economically distressed communities. The New Markets Tax Credit Act of 2013 is a bipartisan bill co-sponsored by U.S. Senators Ben Cardin (D-MD), Susan Collins (R-ME) and Maria Cantwell (D-WA).

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Advantage Capital supports Arch Grants, St. Louis Startup Machine

May 17, 2013

Since revving up in 2011, Arch Grants has cranked out $2 million to 35 St. Louis-based startups. The first 15 companies funded created 65 jobs, generated $18 million in revenue and attracted an additional $1.6 million in investments.

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Advantage Capital Partners Awarded $75 Million Allocation in New Markets Tax Credit Program

April 28, 2013

Advantage Capital Partners has been awarded a $75 million allocation in the highly competitive federal New Markets Tax Credit (NMTC) program. This latest allocation brings the firm’s total awards since the program began in 2002 to $599 million, and maintains the investment firm’s leadership role as a top program participant nationwide.

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