Monroe Capital acted as the sole lead arranger and administrative agent in the funding of a senior credit facility to support the growth of Exiger, alongside private equity sponsors Carlyle, Insight Partners, and JMI. Based in New York, NY, Exiger is...
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April 18, 2024, 07:13 AM
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Solifi announced the completion of the integration with Codat, a leading provider of enhanced-connectivity automated solutions. The out-of-the-box functionality enables asset-based lending (ABL) firms to make smarter, faster and actionable credit...
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April 16, 2024, 08:05 AM
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Solifi, a global fintech software partner for secured finance, received an accolade at the 9th annual Motor Finance Europe Awards in the Digital Innovation of the Year (Technology Company), Retail Solutions/Vehicle Management category. The Awards...
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October 24, 2023, 07:09 AM
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Enfusion, a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s...
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September 19, 2023, 07:49 AM
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Solifi was named among the top 100 on the 2023 IDC FinTech Rankings. The 20th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service providers to the financial services industry. “We are honored to once again be...
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September 11, 2023, 08:00 AM
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Solifi, a global fintech software partner for secured finance, announced that Access Capital, a privately owned asset-based lending firm based in New York City, NY, has upgraded from its on-premise system to Solifi ABL on Open Finance Platform. In...
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September 07, 2023, 07:52 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the strategic growth investment in Hubstaff by WestView Capital Partners. Additionally, Abacus...
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September 05, 2023, 07:28 AM
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Solifi announced that Merchant West Group, a leading privately-owned South African financial institution, has successfully upgraded to Solifi ABL on the Open Finance Platform.Merchant West Group were previously operating on a legacy system that was...
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August 15, 2023, 07:30 AM
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Stellus Capital Management announced that its affiliates provided senior debt financing in support of Gauge Capital’s partnership with Craftable, a leading hospitality-focused SaaS platform that provides back-of-house automation and management to the...
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August 02, 2023, 07:00 AM
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Solifi announced Merchant West Group, a leading privately owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform.The upgrade is instrumental in the delivery of Merchant West...
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March 29, 2023, 07:44 AM
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Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to improve both the lender and borrower...
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February 08, 2023, 07:55 AM
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Solifi, a global fintech software partner for secured finance, announced its newest technology partnership with Codat to make it easier for asset-based lending (ABL) firms to make smarter, faster, and actionable credit decisions. Using pre-built APIs...
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January 10, 2023, 08:00 AM
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Solifi, a global fintech software partner for secured finance, announced its Solifi Asset-Based Lending (ABL) software-as-a-service (SaaS) solution on its open finance platform now supports more than $1B in loans outstanding for lenders globally....
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November 08, 2022, 08:03 AM
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Solifi announced it was named to the 2022 IDC FinTech Rankings. The 19th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service providers to the financial services industry.“We are honored to be recognized by IDC...
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September 13, 2022, 07:59 AM
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Solifi announced Kawasaki Motors Finance Corporation (KMFC) – the captive finance arm of Kawasaki Motors Corp. U.S.A., an established global distributor of powersports vehicles – migrated its entire U.S. operations to the Solifi Wholesale Finance...
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September 07, 2022, 07:58 AM
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Solifi announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to provide a richer experience for customers and lenders, mitigate risk, and streamline...
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August 31, 2022, 07:55 AM
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Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and loan pricing solution for the U.S. equipment and automotive finance industries. The SaaS version of Solifi’s...
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August 16, 2022, 07:43 AM
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Solifi, a global fintech software partner for secured finance, announced that Mountain Ridge Capital (MRC) selected and recently deployed Solifi’s asset-based lending (ABL) software solution. A start-up ABL independent with seasoned finance...
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July 14, 2022, 07:57 AM
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Solifi announced that Mithu Bhargava joined the company as its first President. In this newly created position on the Solifi executive team, Bhargava brings more than 20 years of operational leadership to drive the delivery of scalable, sustainable...
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July 12, 2022, 08:02 AM
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Webster Bank joined the newly launched Bankers Helping Bankers (“BHB”) Banking-as-a-Service (BaaS) Association as a founding member. The Association aims to serve the unique needs of BaaS Sponsor banks. Webster’s BaaS team partners with fintechs, or...
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May 26, 2022, 07:00 AM
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Rallio is a social media management SaaS platform that provides brand control and reputation management solutions to franchise businesses. The Financing Situation: Rallio was seeking non-dilutive growth capital for opportunistic M&A and to execute...
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May 18, 2022, 07:21 AM
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The Company: A bootstrapped communications SaaS platform catering to the insurance industry. The Financing Situation: An entrepreneur with extensive insurance industry experience had an executed LOI to acquire the Company. The sellers wanted a quick...
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March 02, 2022, 06:10 AM
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Runway Growth Capital closed a senior secured term loan commitment of $75 million with VertexOne, a recognized leader in SaaS platforms for critical business processes of utilities across North America. VertexOne is an example of a private...
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February 09, 2022, 07:50 AM
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Solifi (formerly IDS), a global fintech software partner for secured finance, announced Sunflower Bank as its first client to move mission-critical Asset-Based Lending (ABL) operations to the Solifi software-as-a-service (SaaS) platform. Solifi...
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December 01, 2021, 07:49 AM
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Solifi (formerly IDS), a global fintech software partner for secured finance, announced they have secured 11 new customers and 14 go-lives to date in 2021. With our unique open finance platform driving record-breaking growth and digital...
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November 19, 2021, 07:59 AM
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Solifi, formerly IDS, a global fintech software partner for secured finance, announced Stonebriar Commercial Finance has extended its relationship with Solifi as Solifi provides its software-as-a-service (SaaS) technology platform to support...
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October 27, 2021, 07:30 AM
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CCC Intelligent Solutions completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit...
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September 24, 2021, 07:47 AM
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SG Credit provided a $4.0 million SaaS acquisition facility to a corporate travel and entertainment software, data integration, and business intelligence (BI) provider for large enterprises and travel management companies.The buyer was an enterprise...
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September 15, 2021, 07:45 AM
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SG Credit Partners provided a $2.75 million term loan to a provider of procurement and spend management software to mid-market businesses. The Company had legacy bank debt from a previous acquisition that was underwritten primarily by cash flow, not...
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August 25, 2021, 07:11 AM
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IDS, a leading provider of mission-critical enterprise solutions for secured finance, announced that it has completed the migration of IDS ABL to IDScloud, a leading SaaS-based solution for secured finance. Now asset-based lenders can gain access to...
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July 07, 2021, 07:57 AM
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IDS has been selected a winner of the Top 20 FinTech Solution Providers 2021 by Enterprise Ventures. IDS was selected after a rigorous evaluation process which included over 300 global fintech software technology firms and was based upon the...
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May 25, 2021, 07:55 AM
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IDS announced that Bill Noel has joined the company as its chief product officer. In this newly created executive position, Noel will play a strategic role in leading and integrating the company's comprehensive portfolio of market leading product...
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May 20, 2021, 07:58 AM
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CIBC Innovation Banking extended a $12.5 million credit facility to CollegeNET, Inc., a software provider to colleges and universities. The credit facility will be used to further scale CollegeNET's business.CollegeNET, Inc. designs and builds...
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May 04, 2021, 07:00 AM
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The Company: Software as a Service platform that provides AI-powered marketing analytics. The platform provides an end-to-end suite of tools that allow clients to research and measure their marketing investments and maximize ROI. The Financing...
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April 28, 2021, 07:25 AM
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IDS, a leading provider of enterprise mission-critical solutions for secured finance announced the Metropolitan Capital Bank & Trust has selected IDS ABL to support their small to medium business customers access to working capital through an easy to...
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April 27, 2021, 08:05 AM
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NXT Capital announced that it has provided a $47.5 million senior secured credit facility to refinance existing debt and to support GPSTrackit’s add-on acquisition of InTouch GPS. GPSTrackit is a portfolio company of Inverness Graham.
NXT Capital...
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June 29, 2018, 07:06 AM
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Golub Capital recently announced that, as Administrative Agent, it provided a GOLD facility to support the acquisition of Togetherwork Holdings, LLC by GI Partners. GOLD financings are Golub Capital One-Loan Debt facilities. The financing will be...
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March 23, 2018, 07:14 AM
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Inseego Corp., a global provider of software-as-a-service (SaaS) and mobile broadband solutions for the Internet of Things (IoT), entered into a Credit Agreement with certain funds managed by Highbridge Capital Management, LLC on August 23, 2017....
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August 24, 2017, 07:03 AM
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MacStadium.com, a Mac hosting authority and provider of Mac Pro private cloud infrastructure-as-a-service (IaaS), announced that it has received a $3 million debt facility from Silicon Valley Bank. MacStadium recently raised a growth capital...
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June 13, 2017, 07:05 AM
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Super G provided a $1.5 million working capital bridge facility to a provider of software as a service (SaaS) solutions. The company's platform provides data management solutions to insurance agencies, government agencies, hospitals and other...
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May 25, 2017, 07:25 AM
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PNC Bank Canada Branch, the Canadian branch of PNC Bank, N.A., completed a CA$17.1 million financing package for Doxim Solutions ULC, a leading provider of SaaS customer engagement solutions for banks, credit unions and wealth management firms in...
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October 04, 2016, 07:22 AM
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SmartZip Analytics, Inc., the leader in predictive marketing SaaS solutions for businesses in the real estate ecosystem, announced today that it has secured $12 million in new financing to fuel the company's continued growth and diversification....
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September 01, 2016, 07:19 AM
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Acxiom, an enterprise data, analytics and software-as-a-service (SaaS) company, announced a $600 million refinancing. The $600 million refinancing consists of a $300 million term loan and a $300 million undrawn revolving credit facility. In addition...
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October 14, 2013, 07:21 AM
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ARI Network Services announced today the closing of new senior secured credit facilities with Silicon Valley Bank. The new credit facilities are structured to help ARI better facilitate its growth strategies.
Under terms of the agreement, the...
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April 26, 2013, 07:09 AM
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