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Hercules Capital Provides Up to $100MM Credit Facility to Altimmune
Altimmune, a late clinical-stage biopharmaceutical company developing novel peptide-based therapeutics for liver and cardiometabolic diseases, entered into an agreement with Hercules Capital, for up to $100 million in a credit facility, with a $15 million tranche funded at closing. Additional...
5/14/2025
EY US Selects Kuntz of Gordon Brothers as an Entrepreneur Of The Year 2025 New England Award Finalist
Ernst & Young (EY US) has announced the finalists for the prestigious Entrepreneur Of The Year 2025 New England Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing...
5/14/2025
Blackstone Provides $570MM Term Loan and Revolving Credit Facility for Axsome Therapeutics
Axsome Therapeutics, a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, entered into a $570 million term loan and revolving credit facility with funds managed by Blackstone Life Sciences and Blackstone Credit & Insurance (“Blackstone”)....
5/14/2025
PNC Bank Upsizes Asset-Based Lending Facility for Pyxus International to $150MM
Pyxus International, a global value-added agricultural company, announced the amendment of its asset-based lending (ABL) credit facility with PNC Bank, which was initially established February 8, 2022. As part of the amendment, the Company will have access to increased borrowing availability, lower...
5/14/2025
 
For Lenders: What Business Owners Need to Know About "MCA Debt Relief" Firms
ABL Advisor Staff Writer
A guide you can share with borrowers to protect them from false promises, predatory fees, and deeper financial trouble.
4/3/2025 Topic: Industry Insights
A guide you can share with borrowers to protect them from false promises...
Merchant Cash Advances (MCAs) offer quick funds to struggling businesses, but...
 
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