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Hilco Global announced its new operating structure through the creation of two divisions—Hilco Global Professional Services and Hilco Global Capital Solutions. Both divisions will report to Hilco Global’s Founding Chairman and CEO, Jeffrey B.... Read Story

Filed Under: Industry News
September 04, 2025 @ 08:15 AM

The number of distressed small businesses electing to file for subchapter V of chapter 11 of the U.S. Bankruptcy Code increased 17 percent to 200 last month from the 171 registered in August 2024, according to data provided by Epiq AACER, the leading... Read Story

Filed Under: Bankruptcy
September 04, 2025 @ 08:06 AM

Amerisource Business Capital closed a $7,000,000 senior credit facility to support an industrial printing company. The financing was used to facilitate an acquisition and provide working capital to support ongoing operations and growth. Grant Flamang... Read Story

Filed Under: Printing
September 04, 2025 @ 08:05 AM

MONTICELLOAM, a specialized multifamily and seniors housing bridge lending platform, announced the appointment of Liam Sorensen as Senior Relationship Manager, Originations. In this strategic role, Sorensen will be responsible for fostering and... Read Story

September 04, 2025 @ 08:03 AM

First Citizens Bank and Triple Oak Power announced that First Citizens’ Energy Finance business provided a $60 million credit facility to Triple Oak Power, a U.S.-based renewable energy developer focused on developing sustainable energy plants.Triple... Read Story

Filed Under: Energy
September 04, 2025 @ 08:00 AM

Houlihan Lokey announced that Anthony Basmajian has joined the firm’s Business Services Group as a Managing Director to expand its global IT services coverage capabilities.Basmajian joins Houlihan Lokey following eight years at Harris Williams, where... Read Story

September 04, 2025 @ 07:14 AM

Eastern Bank announced Genuine Food Lab, LLC (Genuine Foods) as a new asset-based lending customer. Founded in 2013, Genuine Foods is a Boston-based foodservice management company that specializes in providing quality food for K–12 schools, higher... Read Story

Filed Under: Food Services
September 04, 2025 @ 07:08 AM

Carleton, a leading provider of compliant loan calculation and disclosure solutions, released findings from a nationwide survey highlighting the extent to which lenders face ongoing compliance risks, calculation inaccuracies, and regulatory change... Read Story

Filed Under: Industry News
September 04, 2025 @ 07:04 AM

Alvarez & Marsal (A&M) announced the official launch of its Thailand practice, marking yet another notable advancement in the firm’s Asia-Pacific growth strategy. The first chapter of this market expansion is through Alvarez & Marsal Tax, (A&M Tax)... Read Story

September 04, 2025 @ 07:00 AM

A Tiger Group online auction closing on September 11 features pristine audiovisual gear from Red Letter Rentals, a Southern California rental house known for its clientele of filmmakers, cinematographers and productions.  “We are very pleased to be... Read Story

Filed Under: Auction News
September 04, 2025 @ 07:00 AM