Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

China Cuts Interest Rates Amidst a Weakening Economy

China has cut interest rates for the second time in a three-month period, while the Asian nation battles through a weakening economy. The People’s Bank of China — the government-controlled central bank of China — announced on its website that the lending rate for one-year loans would drop 0.25 percentage points to 5.35%. Furthermore, it…

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Offshore Funding

Benefits of Seeking Offshore Funding

Still struggling to obtain the necessary venture capital to launch your business? It’s no secret that the U.S. banks are lending less money, and less often, in the wake of the housing market crash. Previously, nearly anyone could obtain a loan, regardless of his or her credit score and revenue. However, banks are now taking…

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A Business Loan could be a Great Option for your Startup

Let’s face it, every entrepreneur needs venture capital to start his or her own small business. Without capital, there’s simply no way to convert your vision into a reality. Even though banks are not lending as much as they used to, business loans may be an option for some business owners and if you choose…

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Cloud-Based Startup Prezi Raises $57 Million In Recent Round of Investor Funding

Microsoft PowerPoint is the most popular and widely used presentation software to date. Ever since it was first released back in 1990, it’s been the go-to choice for businesses, students and consumers alike. However, the startup Prezi is now edging their way into this market, with its presence bolstered thanks to a $57 million investment…

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Fantasy Sports Startup FanDuel Raises $70 Million

Fantasy Sports Startup FanDuel Raises $70 Million The Web-based fantasy sports startup, FanDuel, announced last month that it had raised more than $70 million in investor funding, reaffirming the growing trend of fantasy sports leagues. According to the company’s CEO Nigel Eccles, some 41 million people throughout the world participate in fantasy sports. FanDuel’s latest…

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