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12 Dec 2018, Edition - 1247, Wednesday

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American Lending Center Expands Indian Market Share

by businesswireindia.com

Business Wire India

American Lending Center (ALC), a leading EB-5 regional center and subsidiary of Regional Centers Holding Group, signaled its ongoing expansion into Asia with the opening of the company's first Indian office in New Delhi.


The office and heightened presence represent a significant step as the company broadens its investor base and looks to increase market share in the Indian financial space.


ALC has achieved a 100% success rate over all of its 70+ projects across 19 states since 2010, making it a uniquely successful EB-5 regional center. ALC received a record-breaking nine EB-5 project approvals in nine different cities for 30 newly approved investors in March of 2018 alone. The company is currently the largest non-bank SBA 504 lending institution, having successfully provided over 350 million dollars to American ventures.


“ALC is excited to build on our presence in India, which we believe to be the next great area of opportunity in the EB-5 investment business," stated ALC Chief Executive Officer John Shen. "We are confident our company can bring its EB-5 expertise and innovation to Indian investor communities and make this new venture a successful addition to the ALC brand."


Headquartered in Long Beach, California, ALC also has offices in Beijing, Shanghai, Taipei, and Ho Chi Minh City.


The new Indian office is located in the Arunachal Building, Suite 807, 8th Floor, 19, Barakhamba Road, Connaught Place, New Delhi, Delhi 110001. For more information contact Ashutosh Mittal at +91 98100 48652.


About American Lending Center


Sustainable success through integrity, transparency, and accountability.


American Lending Center (ALC) is a U.S. Citizenship & Immigration Service designated regional center held by Regional Centers Holding Group. ALC offers investment opportunities to immigrant investors who are interested in obtaining permanent resident status in the United States through the employment-based fifth preference visa (EB-5) program. ALC has completed funding projects in 19 states, and is committed to investment in deserving businesses anywhere, including those in rural and other underserved areas.




Source: Businesswire