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Money

NJ fintech partners with ATL housing developer on rent relief

"With the temporary federal and state provisions that have benefited low-income and working-class Americans during the pandemic reaching their expiration date, we understood that it would be incumbent upon well-intentioned corporations to assist disenfranchised communities," said Wole Coaxum, founder and CEO of Newark-based MoCaFi.

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Modern building photo

A question of focus

Business owners are trying to adapt to the “new normal” of constrained budgets and periodic government-mandated shutdowns, making the decision to pursue B2B, B2C, or both, complex.

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Signs of credit

Who’s financing commercial real estate during the pandemic? Are traditional banks still providing financing? Or must borrowers now turn to such higher-priced, alternative sources as hedge funds, traditional bridge lenders and family offices?

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