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B. Riley Financial Launches Great American Capital Partners
B. Riley Financial announced the formation of Great American Capital Partners, LLC (GACP) with an anchor investment from Corporate Capital Trust, Inc., a business development company advised by CNL Financial Advisors Company and KKR Credit Advisors (US) LLC. GACP will focus on providing asset-based...
4/21/2015
SBA Selects Monroe Capital as SBIC of the Year
Monroe Capital LLC announced that the U.S. Small Business Administration (“SBA”) has selected an investment fund managed by Monroe Capital as the Small Business Investment Company (“SBIC”) of the Year.The SBIC program was created by Congress in 1958 to help small U.S. businesses meet their...
4/21/2015
Reuters: GE in Talks to Sell Lending, Leasing Portfolio to Wells Fargo
Reuters reported that General Electric is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.According to the Reuters report, GE is also exploring selling...
4/21/2015
Gemino Healthcare Provides $6MM Financing to Omni Orthopaedics
Gemino Healthcare Finance announced it has provided a $6 million secured revolving line of credit to OMNI Orthopaedics, Inc. (“OMNI”). The proceeds are being used for working capital purposes.OMNI, headquartered in East Taunton, Massachusetts, was founded in 1999 as a medical device company...
4/21/2015
 
Are Shadow Databases Hurting your Business?
Roxana Safranek
In today’s business climate, successful commercial finance companies are empowered by knowledge – which is usually...
4/14/2015 Topic: Technology
Jeffrey Wurst shares his thoughts and experiences on ways to take full advantage...
The first quarter of 2015 was an important quarter for lenders not only because...
Topic: Legal Issues
 
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