SD FINANCE

Renovate America Tops $160M in Home-Improvement Loans Sold

Renovate's Benji division offers unsecured home-improvement loans.

CalPrivate Bank Forms Small Business Lending Divisions

CalPrivate Bank has increased its emphasis on Small Business Administration loans, establishing two separate SBA lending channels.

Reporter’s Notebook: Startups Make Wise Investment Of Time at Venture Summit

Earlier this month, an oft-heard refrain in San Diego startup circles — “there aren’t enough venture capitalists in town!” — rang false, at least for a couple of days.

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Foundation Finds Good Way to Give Back to Community

The Cushman Foundation announced that it launched an initiative this year, “Making a Difference for San Diego,” to impact worthy organizations throughout San Diego County.

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Kopari Beauty Raises $4.6M in Debt Financing

Organic coconut oil-based products maker previously raised $15 million in equity.

Kratos in Line for Training Systems Work

Kratos Defense & Security Solutions Inc. is among 23 companies selected to compete for U.S. Navy work under a deal the Navy calls Training Systems Contract IV.

Seacoast Commerce Bank Hikes Quarterly Dividend 12.5 Percent

Bank cites recent growth via acquisition, tax reform.

Reporter's Notebook: Hera to Help Women’s Business Center

Hera Labs, a San Diego-based accelerator program for women-led startups, recently announced it would offer clients of the San Diego & Imperial Women’s Business Center (WBC) in National City access to its curriculum and training.

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Navy Uncovered a Concerning 'Connection' in Proposed Qualcomm-Broadcom Deal

A U.S. Navy office charged with investigating foreign investment in U.S. companies helped scuttle Broadcom Corp.’s hostile takeover of Qualcomm Inc. in March, a U.S. Navy admiral said.

Canada Awards Cubic a $27M Deal

Cubic Corp. said Aug. 20 that it received a $27 million contract from the Canadian military.

JPMorgan to Open Private Bank Branch in San Diego

New office is part of broader expansion of private banking division, to grow by more than 20 new offices by 2022.

NASSCO Gets Work on USS Cowpens

The U.S. Navy awarded General Dynamics NASSCO a $147.7 million contract to modernize the USS Cowpens, a Ticonderoga-class cruiser.

Logistics Startup Lands $8M in Series A

Airspace Technologies, a Carlsbad-based logistics startup, has raised $8 million in a Series A financing round.

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McAlister Draws Crowd to Support Those Fighting Addiction

McAlister Institute’s 6th Annual 5K Walk for Sobriety raised more than $93,000 to bring help and hope to thousands of individuals and families impacted by addiction.

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Capacitor-Maker Maxwell Closes Public Offering

Maxwell Technologies Inc. said Aug. 13 that it closed a public stock offering of 8,580,000 shares at $3.25 per share.