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Builders Announces Proud Legacies of Two Board Retirees And Several Board Leadership Changes

Retrieved on:

Thursday, August 17, 2023

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Builders bids farewell to their retiring board members and enacts powerful changes to its board leadership.

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Builders bids farewell to their retiring board members and enacts powerful changes to its board leadership.
Likewise, Mr. Gene Hill, Director and Chair of the Board Governance Committee, was vital to the company's structure and governance since inception.
Yet, on this bittersweet occasion, Builders initiated other important Board leadership changes.
Both Gene and Allen depart with the sincerest thanks and appreciation of the Builders Team, and Builders looks forward to the leadership that Charles, Lauren and Laura will bring for the future.

New Builders Capital Rebate Program Helps Borrowers Earn Back Construction Loan Origination Fees

Retrieved on:

Monday, August 14, 2023

MOR, Partnership, Friction, Builder, Bank, Real estate

PUYALLUP, Wash., Aug. 14, 2023 /PRNewswire/ -- Builders Capital recently launched a new Material Order Rebate (MOR) program that can help borrowers earn rebates on the purchase of home building materials that will be applied to offset loan origination fees – up to the full amount of the origination fee.

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PUYALLUP, Wash., Aug. 14, 2023 /PRNewswire/ -- Builders Capital recently launched a new Material Order Rebate (MOR) program that can help borrowers earn rebates on the purchase of home building materials that will be applied to offset loan origination fees – up to the full amount of the origination fee.
When clients close a construction loan with Builders Capital, they can order their building materials through the proprietary BIMQuote platform.
Beyond flexible financing options and superb servicing, our new Material Order Rebate program is a key differentiator for Builders Capital and an incredible benefit to our clients."
"No other lender in the country is capable of offering this revolutionary program," said Josh Craig, Co-President at Builders Capital.

First American Bank Is Named Illinois CAPLine Lender of the Year for 2022

Retrieved on:

Thursday, August 10, 2023

Small business, PLP, First American Bank, SBA, Matteson, Pan American Bank, Bank, Builder

CHICAGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- First American Bank is pleased to be named the Illinois CAPLine Lender of the Year by the U.S. Small Business Administration (SBA) for fiscal year 2022. This prestigious recognition is awarded to the lender that best supports small business clients’ lending activity and working capital needs through the SBA CAPLine Program, a program dedicated to helping small businesses meet their short-term and cyclical working-capital needs.

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CHICAGO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- First American Bank is pleased to be named the Illinois CAPLine Lender of the Year by the U.S. Small Business Administration (SBA) for fiscal year 2022.
This is the second consecutive year First American Bank has received the Illinois CAPLine Lender of the Year award.
The award was presented on Tuesday, July 18, during the Illinois Lender Awards ceremony at the Chicago Union League Club.
“We’re delighted to again be honored as CAPLine Lender of the Year by the SBA,” said James Matteson, First Vice President and SBA Program Manager at First American Bank.

Jeli.io Launches ChatGPT Beta for Improving Incident Response and Analysis

Retrieved on:

Thursday, August 10, 2023

Jeli.io , the incident response and analysis company founded by former Netflix and Slack engineering leader Nora Jones, today announced they have integrated ChatGPT into their platform.

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Jeli.io , the incident response and analysis company founded by former Netflix and Slack engineering leader Nora Jones, today announced they have integrated ChatGPT into their platform.
View the full release here: https://www.businesswire.com/news/home/20230810793944/en/
Narrative Builder helps put together the story about how events unfolded.
Team members can now work alongside Jeli automation to tag, categorize, and edit on the incident timeline created by Jeli.
Jeli also combines disparate systems involved in incident response such as Slack, Zoom, and Jira to surface insights across various incidents for a deeper, yet efficient analysis of what went sideways and how to learn from it.

Cambridge Savings Bank Supports Buyout of White Wood Kitchens with $2.6 Million in Financing

Retrieved on:

Thursday, August 10, 2023

With locations in Sandwich and Pembroke, MA, White Wood Kitchens sells cabinets and countertops to residential and commercial clients, along with local and regional builders, primarily in Southeastern Massachusetts.

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With locations in Sandwich and Pembroke, MA, White Wood Kitchens sells cabinets and countertops to residential and commercial clients, along with local and regional builders, primarily in Southeastern Massachusetts.
Under Emelianov, White Wood Kitchens will update its multi-phase design and delivery process, which is facilitated by SaaS collaboration and a project management platform, to build efficiencies and deliver improved results.
In addition to the $2.1 million loan CSB provided Emelianov to facilitate the acquisition, the bank extended a $500,000 line of credit for operating expenses.
“Anton is a visionary, and we believe he will elevate White Wood Kitchens’ success.

PatientPoint Launches Audience Builder Precision Targeting Solution to Connect Life Science Brands to Every Possible Patient

Retrieved on:

Wednesday, August 9, 2023

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CINCINNATI, Aug. 9, 2023 /PRNewswire/ -- PatientPoint® today announced the launch of PatientPoint Audience Builder, a new precision targeting tool for point-of-care marketing campaigns designed to help life science brands find and reach every possible patient with relevant, meaningful messaging. By leveraging a medical claims-based targeting approach, PatientPoint Audience Builder enables life science brands to extend their reach to access diverse populations with the most relevant and inclusive messaging to empower moments that matter along their treatment journey.

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CINCINNATI, Aug. 9, 2023 /PRNewswire/ -- PatientPoint® today announced the launch of PatientPoint Audience Builder , a new precision targeting tool for point-of-care marketing campaigns designed to help life science brands find and reach every possible patient with relevant, meaningful messaging.
By leveraging a medical claims-based targeting approach, PatientPoint Audience Builder enables life science brands to extend their reach to access diverse populations with the most relevant and inclusive messaging to empower moments that matter along their treatment journey.
"Audience Builder gives brands the opportunity to find, reach and engage every possible patient."
By analyzing medical claims data, PatientPoint's proprietary Audience Builder technology enables life science brands to more confidently reach every possible patient seen by the 140,000 healthcare providers in the PatientPoint network.

ABC: Final Davis-Bacon Rule Undermines Taxpayer Investments in Infrastructure

Retrieved on:

Tuesday, August 8, 2023

Bureau of Labor Statistics, State, Construction, Davis–Bacon Act of 1931, U.S. Department of Labor, Office of Inspector General, General contractor, DOL, Government, Congressional Budget Office, Associated Builders and Contractors, Investment, ABC, Builder, Federation, Pharmaceutical industry, Financial adviser, Labour, Regulation

“Unfortunately, the DOL’s final rule disregards the feedback of ABC contractors, construction industry stakeholders and thousands of small businesses urging the withdrawal of this unnecessary, costly and burdensome regulation.

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“Unfortunately, the DOL’s final rule disregards the feedback of ABC contractors, construction industry stakeholders and thousands of small businesses urging the withdrawal of this unnecessary, costly and burdensome regulation.
ABC will now be forced to take appropriate legal action to address the numerous illegal provisions of the final rule and protect our members, and ultimately hard-working taxpayers, from the harmful impacts of this regulation.
“The final rule comes in the midst of challenging economic conditions facing the construction industry, including high materials costs and a skilled labor shortage of more than half a million in 2023 ,” said Brubeck.
Associated Builders and Contractors is a national construction industry trade association established in 1950 that represents more than 22,000 members.

First Dollar launches Benefit Builder to transform how administrators design and offer benefits

Retrieved on:

Thursday, August 3, 2023

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With its software-defined benefits, Benefit Builder allows partners to quickly and efficiently make needed updates without reissuing cards.

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With its software-defined benefits, Benefit Builder allows partners to quickly and efficiently make needed updates without reissuing cards.
In contrast, Benefit Builder enables teams to independently design, launch, and offer the benefits their sales team has sold.
"Delayed timelines frustrate employers, administrators, and the members who depend on these benefits," said Erin Barley, Senior Product Manager at First Dollar.
"We want to simplify offering and using health spending benefits, and Benefit Builder helps us meet that mission with a simplified process for creating new benefit offerings."

First American Deputy Chief Economist Odeta Kushi Named a HousingWire 2023 Woman of Influence

Retrieved on:

Wednesday, August 2, 2023

“Odeta is invaluable as a leader at First American, combining sharp and thoughtful economic insights, strong communication skills, and a seemingly boundless drive to help others succeed,” said Ken DeGiorgio, chief executive officer of First American.

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“Odeta is invaluable as a leader at First American, combining sharp and thoughtful economic insights, strong communication skills, and a seemingly boundless drive to help others succeed,” said Ken DeGiorgio, chief executive officer of First American.
Further, she has played a critical role in the success of The REconomy Podcast™, which she co-hosts with Chief Economist Mark Fleming.
Kushi was also recently named a leading woman in homebuilding by Builder & Developer magazine.
She is also a fierce animal advocate, frequently volunteering her time and resources to support organizations working to help animals in need.

Builders FirstSource Reports Second Quarter 2023 Results

Retrieved on:

Wednesday, August 2, 2023

Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the second quarter ended June 30, 2023.

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Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the second quarter ended June 30, 2023.
“Second quarter results surpassed our expectations driven by the strength of our value-added product portfolio, contributions from operational initiatives instilled over the last few years, and a more stable housing environment,” commented Dave Rush, CEO of Builders FirstSource.
We continue to generate robust free cash flow and prudently deploy capital, making four value-enhancing, tuck-in acquisitions to date in 2023 and repurchasing over $700 million of shares in the second quarter.
Builders FirstSource will host a conference call and webcast on Wednesday, August 2, 2023, to discuss the Company’s financial results and other business matters.