Able Lands $6 Million in Venture Capital and Expands Nationwide
Able, a non-bank commercial lender, Tuesday announced it has closed on $6 million in venture capital and plans to expand its services nationwide. Blumberg Capital and RPM Ventures led the round with participation from Peterson Partners and Expansion Ventures AngelList Syndicate. The Austin-based startup plans to use the money to begin offering loans in 40 states and the District of Columbia. It has 25 employees and expects to hire five more soon. It also plans to use the mone