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Monroe Capital Appoints Uddin as President
Monroe Capital named Zia Uddin as its President. Mr. Uddin who is a Partner and Portfolio Manager, Institutional Portfolios, will continue to report to Ted Koenig, who will remain the firm’s Chairman and CEO.“Zia has been instrumental in establishing Monroe as a leader in the asset management...
B. Riley Expands Corporate Advisory & Valuation Services Practice
B. Riley Financial announced the expansion of its Corporate Advisory and Valuation Services practice with the addition of Dave Bookbinder and Quinn Shearer to B. Riley Advisory Services. Bookbinder and Shearer bring significant business and intangible asset valuation expertise, serving strategic...
Axsome Therapeutics Expands Term Loan with Hercules Capital to $300MM
Axsome Therapeutics announced that its existing term loan facility agreement with Hercules Capital has been amended to increase the size of the facility to $300 million, and the amount immediately available upon U.S. Food and Drug Administration (FDA) approval of AXS-05 for major depressive disorder...
OppFi Amends $75MM Credit Facility with Atalaya Capital Management
OppFi, a leading financial technology platform that powers banks to help everyday consumers gain access to credit, amended its existing $75 million credit facility with Atalaya Capital Management to support the growth of the newly launched OppFi Card, issued by First Electronic Bank, Member FDIC....
Using Technology to Identify Errors and Prevent Invoice Fraud in the Factoring and ABL Industries
Jeffrey Knopman
Factors and asset-based lenders must address the risks of invoice fraud and processing errors. Unfortunately, factors...
5/25/2021 Topic: Technology
There is an opportunity for technology-enabled ABL to have a strong 2021.
The Chapter V subsection of Chapter 11, known as the Small Business...
Topic: Bankruptcy
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