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CB&S Bank Launches New Business Capital Division, Knuckles to Lead
CB&S Bank recently established a new loan production office in Kennesaw, Georgia. CB&S Business Capital, a division of CB&S will be focused on asset-based lending throughout the southern United States. CB&S Business Capital will be led by its president, industry veteran Mike Knuckles. Prior to...
Former Värde President Jon Fox Joins MidOcean Partners as Global Head of Capital Formation
MidOcean Partners announced that Jon Fox, former President of the alternative investment firm Värde, has joined the firm as Global Head of Capital Formation. Fox brings several decades of leadership and alternative asset management experience to MidOcean that will help to enhance and expand...
Cambridge Savings Bank Extends New Credit Facility to Accelerate Growth for Fabrizia Spirits
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits manufacturer in the United States. The customized...
10/17/2024
Altriarch Closes $40MM Senior Debt Facility for LeasePoint Funding Group
Altriarch Asset Management provided a $40 million senior secured revolving line of credit to LeasePoint Funding Group, LLC.  The Company, based in Austin, Texas, is a rapidly growing equipment financing company that provides working capital to medical practices.  Proceeds from the transaction...
10/17/2024
 
Merchant Cash Advance H-E-Double Hockey Sticks
Ben T. Nicholson
Merchant Cash Advances (MCAs) offer quick funds to struggling businesses, but often lead to financial peril.
10/1/2024 Topic: Industry Insights
Wrongful repossessions are costly as lenders often assume their repossession...
Kansas and Connecticut are enacting commercial financing laws enhancing...
Topic: Regulatory
 
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