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Saks Global Enterprises shared progress against its previously announced measures to strengthen its balance sheet and support its long-term growth.The Company has secured $350 million of financing commitments from SLR Credit Solutions (“SLR”)... Read Story

Filed Under: Retail
June 02, 2025 @ 08:17 AM

Antares Capital and Ares Management Corporation announced the closing of Antares’ first continuation vehicle with over $1.2 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares. The... Read Story

Filed Under: Private Credit
June 02, 2025 @ 08:16 AM

Wingspire Capital provided a $150 million revolving credit facility to New APR Energy, LLC (d/b/a APR Energy), a global leader in fast-track power generation solutions. Proceeds will be used for capital expenditures, maintenance, and equipment... Read Story

Filed Under: Energy
June 02, 2025 @ 08:14 AM

Huntington Business Credit closed a $40,000,000 new credit facility with Profound Alloys, LLC on April 18, 2025. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Profound Alloys, LLC... Read Story

Filed Under: Metals and Mining
June 02, 2025 @ 08:00 AM

Keystone National Group closed a $50,000,000 senior secured revolving warehouse line of credit for a national electronics lease-to-own company. Keystone’s investment will allow the company to grow its business of providing lease-to-own financing... Read Story

Filed Under: Specialty Industries
June 02, 2025 @ 07:48 AM

Challenger bank Allica has selected Lendscape, a leading provider of commercial lending technology, as the core platform for its asset finance operations. Following a year of exceptional growth, Allica - the only bank built for established SMEs and... Read Story

Filed Under: Industry News
June 02, 2025 @ 07:40 AM

On Tuesday, June 3, 2025, members of the Equipment Leasing and Finance Association (ELFA) will meet with lawmakers on Capitol Hill as part of Capitol Connections 2025—the association’s signature annual advocacy event. The fly-in brings together... Read Story

June 02, 2025 @ 07:00 AM

Genesis Bank received all necessary regulatory approvals, as well as shareholder approvals from the shareholders of Excel Bank, a tradename of EH National Bank (“Excel”), to complete its previously announced agreement to acquire Excel. The... Read Story

Filed Under: Banking News
June 02, 2025 @ 06:00 AM

Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure. The transaction is expected to close... Read Story

Filed Under: Rail
May 30, 2025 @ 08:03 AM

Kashable, a mission-driven fintech platform Redefining Credit for Working Americans as an employer-sponsored voluntary benefit, announced the closing of a $250 million credit facility. This financing will allow Kashable to continue to provide... Read Story

Filed Under: FinTech
May 30, 2025 @ 08:00 AM