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Schottenstein affiliate SB360 Capital Partners (SB360), a leading asset realization and advisory firm, announced the appointment of finance industry veteran Marc S. Price as Executive Vice President of Corporate Development. Based in the Boston... Read Story

February 27, 2024 @ 08:07 AM

Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to Citi Chief Executive Officer Jane Frazer, according to a Note to Colleagues posted on the Citi website. Fraser stated the following in a letter... Read Story

February 27, 2024 @ 08:04 AM

Haversine Funding, a leader in providing comprehensive financial solutions to the specialty finance market - from participation funding to lender finance senior and junior lines of credit - announced a series of successful participations. These... Read Story

February 27, 2024 @ 07:52 AM

Gibraltar added Joe Messineo to its business development team as SVP, Northeast region. Messineo will play a critical role in leading originations across the Northeast as the company continues to capitalize on demand for non-bank financing... Read Story

February 27, 2024 @ 07:50 AM

According to an 8K filing, on February 21, 2024, Warby Parker Inc. and Warby Parker Retail, Inc. entered into a Credit Agreement with JPMorgan Chase Bank, Citibank, the other lenders from time to time party thereto, and JPMorgan Chase Bank, as... Read Story

Filed Under: Consumer Products
February 27, 2024 @ 07:47 AM

Aterian extended its asset backed credit facility with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc.The Credit Facility term has been extended to December 2026 and gives Aterian access to $17.0 million in... Read Story

Filed Under: Consumer Products
February 27, 2024 @ 07:45 AM

Pathward released its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70 percent consider themselves to be in growth mode.Based on a survey... Read Story

Filed Under: Economy
February 27, 2024 @ 07:30 AM

InterNex Capital provided a $5 million revolving line of credit to a consumer goods company specializing in kitchen utensils. The company operates across various distribution channels, including direct to consumer, online marketplaces, big box... Read Story

Filed Under: Consumer Products
February 27, 2024 @ 06:00 AM

Ares Management Corporation announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm’s Credit Group and will be named Opportunistic Credit. Moving the strategy to the Credit... Read Story

Filed Under: Private Equity News
February 26, 2024 @ 08:02 AM

Lincoln Educational Services entered into a $40 million revolving credit facility with Fifth Third Bank. The credit agreement, which has a term of 36 months and matures on February 16, 2027, is for an aggregate principal amount of $40 million... Read Story

Filed Under: Education
February 26, 2024 @ 08:00 AM