CrowdOut Capital featured in Asset-Backed Alert

A company that writes loans to small and mid-size businesses is talking to investors about a potential securitization.

If it moves forward with the effort, Austin-based CrowdOut Capital would start by privately placing deals with single buyers in 2019. The offerings eventually could take the form of asset-backed securities or collateralized loan obligations.

CrowdOut, which formed in 2015, so far has been employing a marketplace-lending strategy in which it sells its accounts mostly to family offices and asset managers. But some investors recently have told the firm that they would prefer to take exposures to its accounts through securitizations, chief executive Alexander Schoenbaum said.

See full article: Business Lender Engaging Investors (Asset-Backed Alert)


Alexander Schoenbaum, CEO of CrowdOut Capital.

July 27th, 2018|Categories: Client News|Tags: , , , , , |

EOY finalist spotlighted in L.A. Times’ “How I Made It”

Rosie O’Neill, 38, is co-founder and co-chief executive of Sugarfina, the artisan candy company based in El Segundo that she runs with Josh Resnick, 51, the other founder and CEO. From a 2012 start with just $60,000 in savings, the duo has traveled the world looking for unusual and tasty sweets for adult connoisseurs. Sugarfina employs more than 500 people and racked up $40 million in 2017 sales. O’Neill and Resnick were 2018 finalists in EY’s Entrepreneur Of The Year awards for the Los Angeles area.

On her third date with Resnick in 2010, the couple went to see “Willy Wonka & the Chocolate Factory.” The film sparked a question, then an idea. “We were thinking, ‘Why are there no candy stores for adults?’” O’Neill said. “The entrepreneurial bug was calling me. Josh and I just finally got to a point where we said, ‘Let’s give this a shot, and if it doesn’t work we can always go back to what we were doing before.’”

Read the full article: She left toyland for candyland, finding a sweet spot with Sugarfina

ProVisors’ Matt Toledo talks about the art of listening

According to Seth Horowitz, an auditory neuroscientist from Brown University, “Listening is a skill we’re in danger of losing in a world of digital distractions and information overload.” In fact, researchers estimate that we only remember 25–50% of what we hear. Successful people hone this important life skill.

In an article for Forbes, Matt Toledo, CEO of Provisors, writes: “Listening is the single most crucial skill in communicating and building your business. Listening increases productivity, boosts confidence and reduces errors. Listening can have numerous benefits, including making you popular, building your personal brand and expanding your relationship network.”

Read the full article: Business Tools: The Art Of Listening (Forbes)

ProVisors’ Matt Toledo on building the best relationships

As Matt Toledo writes for Forbes, one of the surprising truths in the professional services world is that the more you give and help others, the more you reap the benefits.

“The rule of reciprocity goes into effect, and you start leveraging the power of relationships. The cultivation of long-term, deep relationships with people you can trust when referral opportunities arise can create something meaningful professionally and personally.”

According to Toledo, there are three simple ways you can be generous to those around you, while also reaping the benefits of these relationships for your business.

Read the full article: Relationships: The More You Give The More You Get (Forbes)

April 16th, 2018|Categories: Client News|Tags: , , , , |