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Citizens Financial Group to Acquire Investors Bancorp
Citizens Financial Group and Investors Bancorp announced that they have entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash.The acquisition of Investors enhances Citizens’ banking...
7/28/2021
Oxford Finance Closes $28MM Credit Facility with AvantGarde Senior Living
Oxford Finance closed a $28 million senior credit facility to AvantGarde Senior Living, A Luxurious Senior Living Community™. The funds are being used to refinance existing debt on one facility located in Tarzana, California.Founded in 2008, AvantGarde owns and operates two luxury assisted living...
J.P. Morgan Provides $45MM Credit Facility to GoodData
GoodData closed on a $45 million credit facility from J.P. Morgan. Building on the company’s recent adoption momentum and the release of the GoodData Cloud Native platform (GoodData.CN), GoodData will use this new financing to grow its global sales and engineering teams while continuing to invest in...
7/28/2021
SG Credit Provides $5.5MM Senior Secured Cash Flow Term Loan to Specialty Delivery Service
SG Credit provided a $5.5 million senior secured cash flow term loan to an entrepreneur-owned specialty delivery service catering primarily to the medical industry. The founder of the Company needed growth capital to fund an emerging but unrelated new venture. The founder had previously signed an...
 
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.
How will you survive, grow and scale your asset-based lending business in the...
Topic: Technology
 
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