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American Bankruptcy Institute Elects New Officers and Directors, Ward Named President
The following members of the American Bankruptcy Institute (ABI) were elected to leadership positions as officers and directors:  Christopher A. Ward of Polsinelli (Wilmington, Del.) has become ABI President for a one-year term, succeeding Soneet R. Kapila of KapilaMukamal, LLP (Fort Lauderdale, Fla...
Wells Fargo Capital Finance Provides $110MM Senior Credit Facility to Mountain Ridge Capital and Alpine Ridge Funding
Mountain Ridge Capital ("MRC") and Alpine Ridge Funding ("ARF"), independent asset-based lending and factoring companies backed by Arena Investors closed a $110 million senior credit facility from Wells Fargo Capital Finance. The facility will support MRC's and ARF's continued growth in serving the...
4/24/2024
Lender Finance
Hercules Capital Celebrates 20th Anniversary with $20B in Cumulative Originations
Hercules Capital is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments.Founded in December 2003, and originating its first deal in 2004, the Company’s mission was simple: Provide entrepreneurs with an alternative source of growth...
4/24/2024
Industry News
Renasant Announces Leadership Transition
The Board of Directors of Renasant Corporation implemented the next step of the Company’s management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank effective May 2025. Chapman will retain his current title and duties of President of...
 
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The Latest Trends in Equipment Finance...
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
 
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Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
March 2022 Construction Spending Report
U.S. Census Bureau – U.S. Department of Commerce
Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022
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Deal Tables
Mountain Ridge Capital Provides $20MM Asset-Based Revolver to Danimer Scientific $20.000 Million
(Plastics)
Eclipse Business Capital Provides $100MM Credit Facility to Kent Outdoors $100.000 Million
(Consumer Products)
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