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Wingspire Capital agented a $50 million senior secured credit facility to Conserv Capital (“Conserv”) which provides equipment financing for small to mid-sized businesses in the construction industry and for independent owner-operators in the... Read Story

Filed Under: Lender Finance
October 03, 2023 @ 08:04 AM

Rosenthal & Rosenthal completed three asset based lending transactions across multiple industries.   A well-known national sleepwear and novelty giftware manufacturer and distributor of branded, proprietary specialty gifts based in the Northeast was... Read Story

October 03, 2023 @ 08:00 AM

Wintrust Receivables Finance (WRF) closed a new $15 million account receivable line of credit for a Southeast-based, third-party logistics firm. The company focuses on full truckload freight for enterprise shippers from across the country. The... Read Story

Filed Under: Logistics
October 03, 2023 @ 07:54 AM

Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for its wholesale finance solution. The 2023 releases include several new features designed to provide North American customers with an enhanced... Read Story

Filed Under: Industry News
October 03, 2023 @ 07:50 AM

Horizon Technology Finance provided a $40 million venture loan facility to Elligo Health Research, Inc. ("Elligo"), of which $25 million has been initially funded.Elligo is revolutionizing clinical research with its innovative technology platform... Read Story

Filed Under: Healthcare
October 03, 2023 @ 07:45 AM

The law firm of Moritt Hock & Hamroff has been recognized as one of Long Island Business News' Inaugural 2023 Empowering Women Honorees for its commitment to the growth and advancement of women, cultivation of diverse and inclusive communities and... Read Story

Filed Under: Industry News
October 03, 2023 @ 07:27 AM

When an Oregon-based private equity-owned metal injection molding company sought a new partner to replace their bank line of credit, they chose Republic Business Credit. Republic extended a $3.5 million asset-based loan revolver with an additional... Read Story

Filed Under: Manufacturing
October 03, 2023 @ 07:15 AM

First Citizens Bank is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens' CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022... Read Story

Filed Under: Banking News
October 03, 2023 @ 07:05 AM

Clifford Chance appointed Jason C. Ewart as a partner in its Global Financial Markets team as the firm expands its US Leveraged Finance group. The hiring of Ewart, who advises on private debt and alternative capital financings as well as traditional... Read Story

October 03, 2023 @ 07:00 AM

Based in Florida, Sullivan Commercial Painting, Inc. offers a full range of commercial painting services, from a small renovation to a warehouse or an entire roll-out. They have highly trained crews placed strategically across the country to respond... Read Story

Filed Under: Factoring News
October 03, 2023 @ 06:00 AM