FundWell CEO Chinwe Onyeagoro to Speak at CCIM Thrive Conference
Submitted by ssheth on October 20, 2014
Los Angeles, CA -- October 20, 2014 – FundWell, an online service that prequalifies and matches small businesses and commercial real estate investors to lenders, and a member of the REach accelerator program from Second Century Ventures, the investment arm of the National Association of Realtors®, announced today that FundWell CEO and Co-founder, Chinwe Onyeagoro, will be a panelist at the CCIM (Certified Commercial Investment Member) Thrive Conference taking place October 21-22 at Los Angeles’s Westin Bonaventure.
Ms. Onyeagoro will participate in the panel discussion “Surveying the Lending Landscape,” which will address the lending landscape and what’s in store for the months ahead, including rising interest rates, ongoing defaults, and upcoming loan maturities.
Chinwe will be joined by Richard Walter of Promontory Interfinancial Network, Shelly Magoffin of Grandbridge Real Estate Capital, Steve Fried of Mesa West Capital, and Kyle Jeffers of Starwood Property Trust. Curt Johnson, vice chairman of First American Title will be the moderator.
FundWell is a member of REach, an accelerator program conceived and managed by Second Century Ventures, the investment arm of the National Association of REALTORS. Its participation in the program gives its leadership unique access to and insights from the United States’ top brokers and realtors, which Ms. Onyeagoro will discuss as part of this session.
Who: Chinwe Onyeagoro, CEO and Co-Founder, FundWell
What: Surveying the Lending Landscape
When: Wednesday, October 22, 2014 from 10:45am to 11:45am
Where: CCIM Thrive Conference at the Westin Bonaventure, Los Angeles
FundWell (www.thefundwell.com) is a private commercial loan service for small to medium businesses seeking funding with a growing number of bank loans, non-bank debt funding, and other credit related financing options.
At its core, FundWell is endeavoring to create much needed efficiencies in the small business capital raising market for small businesses and lenders and in doing so:
- Increase transparency of funding options in order to streamline the capital raising process, drive down the cost of debt financing, and improve terms for borrowers
- Disseminate the information and insights necessary to help small businesses improve their financial health and increase funding approval rates
- Help real estate brokers close the access to capital gap for their commercial clients and get deals done faster
Since 2012, FundWell’s online financing service and financial health information has reached over 24,000 small businesses, working in partnership with over 300 lending partners across the country that span 13 different types of loan products from merchant cash advances and microloans to bank loans, SBA loans and factoring.
REach is managed by SCV, the strategic venture arm of NAR. The accelerator annually selects fewer than a dozen companies to access one of the world’s largest industries and its leadership. NAR members can sign up to test products and services of new REach companies through the NAR Insight Panel at http://www.narreach.com/realtors.
Second Century Ventures promotes innovation in the real estate industry and helps its entrepreneurial spirit thrive. NAR provides immediate strategic value to SCV portfolio companies by allowing them access to NAR’s 1 million members and the vast resources of a 300-person organization with the expertise, influence and power that comes only by being ingrained in an industry for over 100 years.
The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
Information about NAR is available at www.realtor.org and about REach® at http://narreach.com. This and other news releases are posted in the “News, Blogs and Videos” tab on the Realtor.org website.
Constance Freeman, 312-329-3297