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Citizens Financial Group Named Bank of the Year for 2022 by The Banker
Citizens Financial Group has been named Bank of the Year 2022 for the U.S. by The Banker, an outlet of The Financial Times, as part of the magazine’s annual global banking awards.In announcing the award, the magazine noted Citizens’ successful growth strategy since becoming an independent public...
12/7/2022
Tidal Financial Group Launches its First Credit ETF Focused on Senior Secured Corporate Credit Opportunities
Tidal Financial Group, a leading ETF investment and technology platform, announced the listing of the Senior Secured Credit Opportunities ETF, an actively managed secured credit fund managed by Gateway Credit Partners. The fund seeks to generate consistent income and preserve capital by investing...
12/7/2022
CIT Provides $35MM Credit Facility to Utopia Deals
CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business has provided a $35 million revolving credit facility to Utopia Deals.Based in Plainview, N.Y., Utopia Deals is a leading seller of linens, towels, bedding and other products to consumers and to business customers...
Runway Growth Capital Closes $80MM Senior Secured Term Loan for Extensiv
Runway Growth Capital closed a senior secured term loan of $80 million to Extensiv, a leader in omnichannel fulfillment solutions. The funding will be used to refinance existing debt and provide additional working capital, while also enhancing Extensiv's product suite and organic / inorganic growth...
 
Conditions Ripe for Receiverships
Bill Lawrence
More and more businesses are showing signs of distress. When businesses become insolvent, they have only a few choices...
11/1/2022 Topic: Bankruptcy
Ben Nicholson, CEO of Fortis Business Advisors discusses the use of "Pop-Ip"...
Topic: Bankruptcy
As economic volatility ensues and more businesses face distress, Ben Nicholson...
 
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