Moran Printing Receives Louisiana Economic Development Lantern Award

New Markets Tax Credit recipient is honored for their economic contributions to Louisiana BATON ROUGE: 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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BizCapital company, Alta Max, hires new COO and regional sales manager

Manufacturer hires new COO and regional sales manager NEW ORLEANS – Alta Max, a manufacturer and supplier of military and commercial packaging products, today announced the addition of a new chief operating officer and regional sales manager in the wake of recent record-breaking sales. “This is an exciting time for our company,” said Lee Vorisek, owner and chief executive officer of Alta Max. “Our company is growing, and business has…

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Advantage Capital Partners Awarded $80 Million Allocation In New Markets Tax Credit Program

Private investment capital to be deployed in economically distressed communities, driving job growth  NEW ORLEANS, February 23, 2012 – Leading venture capital and small business finance firm Advantage Capital Partners has been awarded an $80 million allocation in the highly competitive federal New Markets Tax Credit program. This latest allocation brings the firm’s total awards since the program began in 2002 to $524 million. Through prior state and federal New Markets program…

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BizCapital investment named USDA Rural Development Business of the Year

http://www.advantagecap.com/usda-rural-development-recognizes-game-equipment-llc/

On May 24, 2011 USDA Rural Development State Director, Clarence W. Hawkins, recognized Game Equipment, LLC as the “Business of the Year.” This event was held at the Governor’s Mansion in Baton Rouge. The business was recognized by USDA Rural Development for their valuable contributions in utilizing program funds made available by the Business and Cooperative Programs. BizCapital, the small business finance arm of Advantage Capital Partners, was the lender for this project.

BizCapital Promotes Team Members

NEW ORLEANS, March 30th, 2011 – BizCapital, the small business lending division of Advantage Capital Partners, is pleased to announce the internal promotion of several key staff members in New Orleans. Sara Hess has been promoted to Loan Operations Manager. Ms. Hess joined BizCapital in 2007. Her team’s responsibilities include processing and closing small business loans. She received her B.A. in Business Marketing from Southeastern Louisiana University. Tim Blanke was promoted to…

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Advantage Capital Partners Promotes Team Members

NEW ORLEANS, March 25th, 2011 – Advantage Capital Partners, a leading venture capital and small business finance firm, is pleased to announce the internal promotion of several key staff members in New Orleans, St. Louis and New York. New Orleans promotions: Justin Obletz has been promoted to Senior Vice President. Mr. Obletz joined the Advantage Capital in 2006. His responsibilities include deal flow screening, due diligence, and portfolio monitoring. He received…

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Advantage Capital Awarded $56 Million Federal Allocation In New Markets Tax Credit Program

Firm drives investment capital into economically distressed communities NEW ORLEANS, February 24, 2011-Leading venture capital and small business finance firm Advantage Capital Partners has been awarded a $56 million allocation in the highly competitive federal New Markets Tax Credit program. This latest allocation brings the firm’s total awards since 2002 to $444 million. Community Development Financial Institutions (CDFI) Fund Director Donna Gambrell and Congressman Elijah Cummings announced the 2010 New Markets Tax…

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Advantage Capital Partners Adds Principal

Rick Hummell brings extensive banking and managerial background   ST. LOUIS, February 14, 2011 – Advantage Capital Partners, a leading venture capital and small business finance firm, is proud to announce the addition of a new firm principal, Richard “Rick” Hummell. Initially, Hummell will be managing the firm’s rapidly expanding guaranteed lending business, BizCapital, as well as supervising efforts to grow the firm’s overall platform. Hummell comes to Advantage Capital Partners…

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Advantage Capital Drives More Than $40 Million Of New Markets Program Investments Into Louisiana During 2009

Firm continues commitment to growing businesses and stimulating the economy in Louisiana   NEW ORLEANS, January 28, 2010 – Advantage Capital Partners and its small business lending divisionBizCapital provided $41 million of New Markets program financing throughout the state of Louisiana during 2009. The significant amount of investments, all made in connection with the federal New Markets Tax Credit program and Louisiana New Markets Development program, represent the firm’s commitment to supporting small business…

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Advantage Capital Finances Digital Scoreboard Company In Mississippi

Capturion Network scores funding through Mississippi New Markets Development Program Laurel, Miss., December 2, 2009 – Advantage Capital Partners and its small business lending division BizCapital provided Mississippi New Markets Development program financing to Capturion Network, LLC, an innovative company which sells, installs and services digital scoreboards for sports and entertainment venues nationwide. The funding will be used to support the company’s continued growth, including the retention of 24 employees, with…

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